Retirement plan

PATH PROFIT SHARING 401(K) INCENTIVE PLAN

Name: PATH - PATH PROFIT SHARING 401(K) INCENTIVE PLAN (2015) Form 5500
Creator: PATH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PATH PROFIT SHARING 401(K) INCENTIVE PLAN, PATH

PATHEIN 91-1157127Plan #004PY 2015

PO BOX 900922, 2201 WESTLAKE AVENUE, SUITE 200 - SEATTLE, WA 98121206-285-3500path.orgLinkedIn1001-5000 employeesinternational affairs

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$127.8M

-10.2% from 2016

Total participants

987

-3.9% from 2016

Average account balance

$134,340

-7.0% from 2016

Annual return

2.33%

-5.51 pp from 2016

Benchmarks

See 690 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort690 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$300.77M

Not enough data

1 years with asset history on file

Average account balance

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

$280K

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.

1,075

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.

97.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+14.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$169

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
BRIDGEBAY FINANCIAL, INC.1+ years Filed as: BRIDGEBAY FINANCIAL INC Service code 16 2603 CAMINO RAMON · SAN RAMON, CA 94583	Consulting	$34,850
CLARK NUBER1+ years Filed as: CLARK NUBER PS Service code 10 10900 NE 4TH STREET · BELLEVUE, WA 98004	Accounting	$14,800
T ROWE PRICE RPS INC1+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$836

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$53K

$84 / participant

Contract admin$3K5.1%
Other / not subdivided$50K94.9%

% of EOY assets

0.042%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CLARK NUBER, PS
Auditor EIN: 911194016
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$134,340

$38,925+245.1%

$73,837+81.9%

$55,191+143.4%

Participation rate

94.3%

66.0%+28.3pp

73.4%+20.9pp

69.2%+25.2pp

Annual return

2.33%

6.31%-4.0pp

2268.13%-2265.8pp

10.78%-8.4pp

Employer contribution / active EE

$10,547

$1,695+522.3%

$2,788+278.4%

$1,899+455.5%

Participant deferral / active EE

$9,148

$2,351+289.1%

$3,583+155.3%

$3,046+200.3%

Admin fee / account holder

$56

$83-32.5%

$4,882-98.9%

$91-38.4%

Provider

Service type

Compensation

BRIDGEBAY FINANCIAL, INC.1+ years

Filed as: BRIDGEBAY FINANCIAL INC

Service code 16

2603 CAMINO RAMON · SAN RAMON, CA 94583

Consulting

$34,850

CLARK NUBER1+ years

Filed as: CLARK NUBER PS

Service code 10

10900 NE 4TH STREET · BELLEVUE, WA 98004

Accounting

$14,800

T ROWE PRICE RPS INC1+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$836

PATH PROFIT SHARING 401(K) INCENTIVE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PATH PROFIT SHARING 401(K) INCENTIVE 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