Retirement plan

POUNDER OIL SERVICE, INC. 401(K) PLAN

Name: POUNDER OIL SERVICE, INC. - POUNDER OIL SERVICE, INC. 401(K) PLAN (2024) Form 5500
Creator: POUNDER OIL SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POUNDER OIL SERVICE, INC. 401(K) PLAN, POUNDER OIL SERVICE, INC.

POUNDER OIL SERVICE, INC.EIN 92-0078690Plan #001PY 2024

521 SW HALSEY STREET - TROUTDALE, OR 97060503-674-7501LinkedIn1-10 employeesoil & energy

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$324K

+30.3% from 2023

Total participants

+15.4% from 2023

Average account balance

$11,588

+16.3% from 2023

Annual return

10.14%

-1.90 pp from 2023

Benchmarks

See 1,943 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,943 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$324K

Not enough data

1 years with asset history on file

Average account balance

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

$12K

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.

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.

155.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$83

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2R3D3H2T2E

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$2K

$129 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.714%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,588

$97,765-88.1%

$103,486-88.8%

$145,884-92.1%

Participation rate

88.9%

81.1%+7.8pp

80.5%+8.3pp

80.3%+8.6pp

Annual return

10.14%

25.44%-15.3pp

23.93%-13.8pp

551.85%-541.7pp

Employer contribution / active EE

$1,732

$4,687-63.0%

$4,679-63.0%

$4,662-62.8%

Participant deferral / active EE

$1,071

$6,606-83.8%

$6,628-83.8%

$6,690-84.0%

Admin fee / account holder

$83

$12,505-99.3%

$9,354-99.1%

$13,392-99.4%

POUNDER OIL SERVICE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POUNDER OIL SERVICE, INC. 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