Retirement plan

THE PROTECTORATE GROUP INSURANCE AGENCY 401(K) PROFIT SHARING PLAN & TRUST

Name: THE PROTECTORATE GROUP INSURANCE AGENCY - THE PROTECTORATE GROUP INSURANCE AGENCY 401(K) PROFIT SHARING PLAN & TRUST (2021) Form 5500
Creator: THE PROTECTORATE GROUP INSURANCE AGENCY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE PROTECTORATE GROUP INSURANCE AGENCY 401(K) PROFIT SHARING PLAN & TRUST, THE PROTECTORATE GROUP INSURANCE AGENCY

THE PROTECTORATE GROUP INSURANCE AGENCYEIN 90-0506388Plan #002PY 2021

3215 OLD CONEJO RD - NEWBURY PARK, CA 91320805-409-3057

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+22.4% from 2020

Total participants

-3.6% from 2020

Average account balance

$47,835

-59.2% from 2020

Annual return

9.88%

+2.61 pp from 2020

Benchmarks

See 7,182 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,182 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.68M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

77.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$115K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7920

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 codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$5K

$204 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.411%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$47,835

$137,414-65.2%

$189,520-74.8%

$85,856-44.3%

Participation rate

100.0%

84.6%+15.4pp

87.8%+12.2pp

69.3%+30.7pp

Annual return

9.88%

38.14%-28.3pp

555.25%-545.4pp

318.58%-308.7pp

Employer contribution / active EE

$1,906

$4,344-56.1%

$6,161-69.1%

$2,565-25.7%

Participant deferral / active EE

$3,163

$6,260-49.5%

$8,220-61.5%

$3,952-20.0%

Admin fee / account holder

$196

$8,630-97.7%

$12,046-98.4%

$6,261-96.9%

THE PROTECTORATE GROUP INSURANCE AGENCY 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE PROTECTORATE GROUP INSURANCE AGENCY 401(K) PROFIT SHARING PLAN & TRUST

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