Retirement plan

P.B. BELL COMPANIES 401(K) PROFIT SHARING PLAN

Name: P.B. BELL ASSET MANAGEMENT, INC. - P.B. BELL COMPANIES 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: P.B. BELL ASSET MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, P.B. BELL COMPANIES 401(K) PROFIT SHARING PLAN, P.B. BELL ASSET MANAGEMENT, INC.

P.B. BELL ASSET MANAGEMENT, INC.EIN 86-0677603Plan #002PY 2023

8434 N. 90TH STREET, SUITE 100 - SCOTTSDALE, AZ 852584388480-951-2222

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$7.7M

+10.3% from 2022

Total participants

185

+2.2% from 2022

Average account balance

$55,139

+11.9% from 2022

Annual return

15.94%

+31.32 pp from 2022

Benchmarks

See 1,068 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,068 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.66M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

141

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.

63.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$570K

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

+13.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$78

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 3 by compensation

Provider	Service type	Compensation
MATHEWS, CRTER, AND BOYCE, P.C.2 years Filed as: MATHEWS, GOLD, KENNEDY, & SNOW INC Service code 49 · EIN 86-1001235 7600 NORTH 16TH STREET · PHOENIX, AZ 85020	Other Services	$3,500
MORNINGSTAR4 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381	Advisory (Participants)	$1,878
VOYA RETIREMENT INSURANCE & ANNUITY2 years Filed as: VOYA RETIREMENT INSURANCE Service code 26 · EIN 71-0294708	Advisory (Participants)	$1,011

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$9K

$65 / participant

Contract admin$9K100.0%

% of EOY assets

0.115%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,139

$65,428-15.7%

$169,397-67.4%

$71,529-22.9%

Participation rate

65.9%

66.9%-1.0pp

77.2%-11.3pp

67.9%-2.0pp

Annual return

15.94%

21.35%-5.4pp

406.23%-390.3pp

28.97%-13.0pp

Employer contribution / active EE

$868

$2,064-58.0%

$4,013-78.4%

$2,590-66.5%

Participant deferral / active EE

$3,255

$4,360-25.3%

$6,223-47.7%

$4,291-24.2%

Admin fee / account holder

$63

$1,328-95.2%

$9,017-99.3%

$1,588-96.0%

Provider

Service type

Compensation

MATHEWS, CRTER, AND BOYCE, P.C.2 years

Filed as: MATHEWS, GOLD, KENNEDY, & SNOW INC

Service code 49 · EIN 86-1001235

7600 NORTH 16TH STREET · PHOENIX, AZ 85020

Other Services

$3,500

MORNINGSTAR4 years

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT

Service code 26 · EIN 36-4317381

Advisory (Participants)

$1,878

VOYA RETIREMENT INSURANCE & ANNUITY2 years

Filed as: VOYA RETIREMENT INSURANCE

Service code 26 · EIN 71-0294708

Advisory (Participants)

$1,011

P.B. BELL COMPANIES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

P.B. BELL COMPANIES 401(K) PROFIT SHARING 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