Retirement plan

PRAIRIE ELECTRIC, INC. PROFIT SHARING PLAN AND 401(K) SALARY DEFERRAL PLAN

Name: PRAIRIE ELECTRIC, INC. - PRAIRIE ELECTRIC, INC. PROFIT SHARING PLAN AND 401(K) SALARY DEFERRAL PLAN (2019) Form 5500
Creator: PRAIRIE ELECTRIC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRAIRIE ELECTRIC, INC. PROFIT SHARING PLAN AND 401(K) SALARY DEFERRAL PLAN, PRAIRIE ELECTRIC, INC.

PRAIRIE ELECTRIC, INC.EIN 91-1279815Plan #001PY 2019

6000 NE 88TH STREET - VANCOUVER, WA 98665360-573-2750prairielectric.comLinkedIn201-500 employeeselectrical/electronic manufacturing

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$30.8M

+7.7% from 2018

Total participants

508

+12.1% from 2018

Average account balance

$65,314

-5.1% from 2018

Annual return

2.32%

-6.83 pp from 2018

Benchmarks

See 1,258 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,258 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$60.58M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

584

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.

95.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.79M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+27.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$394

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
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$101,469
FIRST PACIFIC FINANCIAL INC2 years Service code 27 610 ESTHER ST SUITE 100 · VANCOUVER, WA 98660	Advisory (Plan)	$63,539
PENSION PLAN SPECIALISTS, PC2 years Service code 13 805 BROADWAY SUITE 600 · VANCOUVER, WA 98660	Contract Administrator	$9,700
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$3,623

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$106K

$243 / participant

Contract admin$104K98.7%
Other / not subdivided$1K1.3%

% of EOY assets

0.342%

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: BARRETT & COMPANY, PLLC
Auditor EIN: 910299351
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,314

$66,601-1.9%

$92,909-29.7%

$67,579-3.4%

Participation rate

91.7%

72.5%+19.2pp

76.0%+15.7pp

71.3%+20.4pp

Annual return

2.32%

92.58%-90.3pp

109.44%-107.1pp

378.56%-376.2pp

Employer contribution / active EE

$4,556

$2,775+64.1%

$3,653+24.7%

$2,148+112.1%

Participant deferral / active EE

$2,523

$3,157-20.1%

$4,238-40.5%

$3,539-28.7%

Admin fee / account holder

$224

$199+12.4%

$5,795-96.1%

$142+57.1%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$101,469

FIRST PACIFIC FINANCIAL INC2 years

Service code 27

610 ESTHER ST SUITE 100 · VANCOUVER, WA 98660

Advisory (Plan)

$63,539

PENSION PLAN SPECIALISTS, PC2 years

Service code 13

805 BROADWAY SUITE 600 · VANCOUVER, WA 98660

Contract Administrator

$9,700

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$3,623

PRAIRIE ELECTRIC, INC. PROFIT SHARING PLAN AND 401(K) SALARY DEFERRAL PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRAIRIE ELECTRIC, INC. PROFIT SHARING PLAN AND 401(K) SALARY DEFERRAL 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