Retirement plan

PACIFIC NORTHERN ENVIRONMENTAL 401(K) PROFIT SHARING PLAN

Name: PACIFIC NORTHERN ENVIRONMENTAL, LLC - PACIFIC NORTHERN ENVIRONMENTAL 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: PACIFIC NORTHERN ENVIRONMENTAL, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACIFIC NORTHERN ENVIRONMENTAL 401(K) PROFIT SHARING PLAN, PACIFIC NORTHERN ENVIRONMENTAL, LLC

PACIFIC NORTHERN ENVIRONMENTAL, LLCEIN 91-1458581Plan #001PY 2021

1121 COLUMBIA BLVD - LONGVIEW, WA 98632360-423-2245pneco.comLinkedIn201-500 employeesconstruction

Prospect flagsHigh feesFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$12.8M

+23.4% from 2020

Total participants

292

+21.7% from 2020

Average account balance

$48,425

-1.3% from 2020

Annual return

20.54%

+4.82 pp from 2020

Benchmarks

See 2,980 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,980 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.10M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

448

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.78M

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

+29.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$326

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 INSURANCE7+ years Filed as: GREAT-WEST LIFE & ANNUITY COMPANY Service code 64 8515 E. ORCHARD RD. · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$56,949
ANDERSON & ANDERSON ADVISORY LLC4 years Service code 27 · EIN 20-2047444 959 11TH AVE STE B · LONGVIEW, WA 98632	Advisory (Plan)	$44,559
RUDD & COMPANY PLLC7+ years Service code 12 · EIN 82-0467399 725 S WOODRUFF AVE · IDAHO FALLS, ID 834031895	Participant loan processing; Plan Adm...	$11,000
LEAFHOUSE FINANCIAL ADVISORS, LLC1 year Service code 27 6504 BRIDGE POINT PKWY STE 450 · AUSTIN, TX 78730	Advisory (Plan)	$5,570

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$99K

$461 / participant

Contract admin$99K100.0%

% of EOY assets

0.772%

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: WORTHY & COMPANY, LLC
Auditor EIN: 208092242
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,425

$77,677-37.7%

$109,173-55.6%

$79,391-39.0%

Participation rate

87.4%

67.8%+19.6pp

75.9%+11.6pp

70.7%+16.7pp

Annual return

20.54%

23.44%-2.9pp

25.75%-5.2pp

116.88%-96.3pp

Employer contribution / active EE

$1,261

$2,798-54.9%

$3,723-66.1%

$2,428-48.1%

Participant deferral / active EE

$3,949

$3,517+12.3%

$4,654-15.1%

$4,046-2.4%

Admin fee / account holder

$374

$732-49.0%

$6,755-94.5%

$627-40.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE7+ years

Filed as: GREAT-WEST LIFE & ANNUITY COMPANY

Service code 64

8515 E. ORCHARD RD. · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$56,949

ANDERSON & ANDERSON ADVISORY LLC4 years

Service code 27 · EIN 20-2047444

959 11TH AVE STE B · LONGVIEW, WA 98632

Advisory (Plan)

$44,559

RUDD & COMPANY PLLC7+ years

Service code 12 · EIN 82-0467399

725 S WOODRUFF AVE · IDAHO FALLS, ID 834031895

Participant loan processing; Plan Adm...

$11,000

LEAFHOUSE FINANCIAL ADVISORS, LLC1 year

Service code 27

6504 BRIDGE POINT PKWY STE 450 · AUSTIN, TX 78730

Advisory (Plan)

$5,570

PACIFIC NORTHERN ENVIRONMENTAL 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACIFIC NORTHERN ENVIRONMENTAL 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