Retirement plan

PBS ASO, LLC RETIREMENT PLAN

Name: PBS ASO, LLC - PBS ASO, LLC RETIREMENT PLAN (2024) Form 5500
Creator: PBS ASO, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PBS ASO, LLC RETIREMENT PLAN, PBS ASO, LLC

PBS ASO, LLCEIN 85-0768284Plan #001PY 2024

2189 PARKWAY LAKE DRIVE - BIRMINGHAM, AL 35124205-271-5422

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$17.2M

+85.3% from 2023

Total participants

1,059

+70.8% from 2023

Average account balance

$31,099

+6.2% from 2023

Annual return

54.96%

-3.75 pp from 2023

Benchmarks

See 834 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort834 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$17.20M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$31K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

553

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

45.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.39M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+54.96%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$286

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 36-6071399	Recordkeeping	$98,633
ERISA SERVICES, INC.2 years Filed as: ERISA SPECIALISTS, LLC Service code 15 · EIN 47-3852281	Recordkeeping	$30,782
401K SAFE2 years Filed as: 401(K) SAFE, LLC Service code 14 · EIN 83-0824803	Plan Administrator	$16,659
LEAFHOUSE FINANCIAL ADVISORS, LLC1 year Service code 27 · EIN 26-1311657	Advisory (Plan)	$7,451

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$158K

$170 / participant

Recordkeeping$158K100.0%

% of EOY assets

0.921%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MDA PROFESSIONAL GROUP, P.C.
Auditor EIN: 630681783
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,099

$45,022-30.9%

$85,126-63.5%

$77,714-60.0%

Participation rate

45.6%

48.7%-3.1pp

67.5%-21.9pp

70.6%-25.0pp

Annual return

54.96%

79.38%-24.4pp

66.63%-11.7pp

31.26%+23.7pp

Employer contribution / active EE

$1,195

$1,610-25.8%

$2,731-56.2%

$2,727-56.2%

Participant deferral / active EE

$2,446

$2,811-13.0%

$4,523-45.9%

$4,649-47.4%

Admin fee / account holder

$286

$913-68.6%

$6,160-95.4%

$433-33.9%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 36-6071399

Recordkeeping

$98,633

ERISA SERVICES, INC.2 years

Filed as: ERISA SPECIALISTS, LLC

Service code 15 · EIN 47-3852281

Recordkeeping

$30,782

401K SAFE2 years

Filed as: 401(K) SAFE, LLC

Service code 14 · EIN 83-0824803

Plan Administrator

$16,659

LEAFHOUSE FINANCIAL ADVISORS, LLC1 year

Service code 27 · EIN 26-1311657

Advisory (Plan)

$7,451

PBS ASO, LLC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PBS ASO, LLC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion