Retirement plan

PURISSIMA CREEK ASSOCIATES, LLC 401(K) PLAN

Name: PURISSIMA CREEK ASSOCIATES, LLC - PURISSIMA CREEK ASSOCIATES, LLC 401(K) PLAN (2024) Form 5500
Creator: PURISSIMA CREEK ASSOCIATES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PURISSIMA CREEK ASSOCIATES, LLC 401(K) PLAN, PURISSIMA CREEK ASSOCIATES, LLC

PURISSIMA CREEK ASSOCIATES, LLCEIN 86-1255238Plan #001PY 2024

44 MONTGOMERY ST. SUITE 3000 - SAN FRANCISCO, CA 94104212-378-7712

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$234K

+69.5% from 2023

Total participants

+16.7% from 2023

Average account balance

$46,758

+1.7% from 2023

Annual return

11.92%

-9.38 pp from 2023

Benchmarks

See 49,949 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,949 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$234K

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

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.

71.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$79K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2J2T3D

Plan features

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,758

$88,754-47.3%

$81,820-42.9%

$145,877-67.9%

Participation rate

71.4%

75.1%-3.6pp

72.4%-1.0pp

80.3%-8.9pp

Annual return

11.92%

1031.77%-1019.8pp

777.93%-766.0pp

551.28%-539.4pp

Employer contribution / active EE

$3,625

$3,085+17.5%

$2,915+24.4%

$4,663-22.3%

Participant deferral / active EE

$7,726

$4,648+66.2%

$4,323+78.7%

$6,691+15.5%

Admin fee / account holder

$8,424-100.0%

$7,391-100.0%

$13,402-100.0%

PURISSIMA CREEK ASSOCIATES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

PURISSIMA CREEK ASSOCIATES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion