Retirement plan

PETRO 49, INC. PROFIT SHARING AND 401(K) PLAN

Name: PETRO 49, INC. - PETRO 49, INC. PROFIT SHARING AND 401(K) PLAN (2015) Form 5500
Creator: PETRO 49, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PETRO 49, INC. PROFIT SHARING AND 401(K) PLAN, PETRO 49, INC.

PETRO 49, INC.EIN 92-0037645Plan #001PY 2015

1813 E. 1ST AVE. - ANCHORAGE, AK 99501907-562-5000LinkedIn11-50 employeesreal estate

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$21.8M

No prior year

Total participants

326

No prior year

Average account balance

$82,954

No prior year

Annual return

-1.24%

No prior year

Benchmarks

See 1,096 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,096 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.35M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

319

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.

57.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$315

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 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$29,577
ANDERSONFISHER LLC DBA HUMAN INVEST1+ years Filed as: ANDERSONFISHER LLC Service code 27 · EIN 74-3130983	Advisory (Plan)	$25,980

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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$56K

$204 / participant

Other / not subdivided$56K100.0%

% of EOY assets

0.255%

all-in expense ratio

Categories reported

0 / 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: BDO USA LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,954

$57,096+45.3%

$94,228-12.0%

$55,191+50.3%

Participation rate

76.8%

75.7%+1.2pp

78.8%-1.9pp

69.2%+7.7pp

Annual return

-1.24%

159.65%-160.9pp

10.68%-11.9pp

10.78%-12.0pp

Employer contribution / active EE

$4,081

$1,708+138.9%

$3,587+13.8%

$1,899+114.9%

Participant deferral / active EE

$4,126

$3,165+30.3%

$4,320-4.5%

$3,046+35.4%

Admin fee / account holder

$211

$89+136.7%

$6,269-96.6%

$91+132.7%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$29,577

ANDERSONFISHER LLC DBA HUMAN INVEST1+ years

Filed as: ANDERSONFISHER LLC

Service code 27 · EIN 74-3130983

Advisory (Plan)

$25,980

PETRO 49, INC. PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PETRO 49, INC. PROFIT SHARING AND 401(K) 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