Retirement plan

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

Name: PETRO 49, INC. - PETRO 49, INC. PROFIT SHARING AND 401(K) PLAN (2017) 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 2017

PO BOX 389 - SEWARD, AK 99664907-562-5000LinkedIn11-50 employeesreal estate

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$24.9M

+19.6% from 2016

Total participants

332

+1.8% from 2016

Average account balance

$87,818

+15.8% from 2016

Annual return

16.02%

+8.91 pp from 2016

Benchmarks

See 1,232 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,232 peers

Snapshot2017

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$35,589
HUMAN INTEREST ADVISOR LLC2 years Filed as: HUMAN INVESTING Service code 16 · EIN 74-3130983	Consulting	$18,000
ANDERSONFISHER LLC DBA HUMAN INVEST3+ years Filed as: ANDERSONFISHER LLC Service code 16 · EIN 74-3130983	Consulting	$10,000

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$64K

$227 / participant

Other / not subdivided$64K100.0%

% of EOY assets

0.256%

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

$87,818

$71,666+22.5%

$117,861-25.5%

$69,631+26.1%

Participation rate

82.9%

77.5%+5.4pp

79.7%+3.3pp

70.7%+12.2pp

Annual return

16.02%

18.86%-2.8pp

335.11%-319.1pp

27571.02%-27555.0pp

Employer contribution / active EE

$3,292

$1,889+74.3%

$3,786-13.1%

$2,032+62.0%

Participant deferral / active EE

$4,836

$3,340+44.8%

$4,482+7.9%

$3,224+50.0%

Admin fee / account holder

$225

$120+86.7%

$8,021-97.2%

$110+103.4%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$35,589

HUMAN INTEREST ADVISOR LLC2 years

Filed as: HUMAN INVESTING

Service code 16 · EIN 74-3130983

Consulting

$18,000

ANDERSONFISHER LLC DBA HUMAN INVEST3+ years

Filed as: ANDERSONFISHER LLC

Service code 16 · EIN 74-3130983

Consulting

$10,000

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