Retirement plan

PENDLETON WOOLEN MILLS, INC. 401(K) AND PROFIT SHARING PLAN

Name: PENDLETON WOOLEN MILLS, INC. - PENDLETON WOOLEN MILLS, INC. 401(K) AND PROFIT SHARING PLAN (2024) Form 5500
Creator: PENDLETON WOOLEN MILLS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENDLETON WOOLEN MILLS, INC. 401(K) AND PROFIT SHARING PLAN, PENDLETON WOOLEN MILLS, INC.

PENDLETON WOOLEN MILLS, INC.EIN 93-0250770Plan #001PY 2024

PO BOX 3030 - PORTLAND, OR 972083030503-226-4801pendleton-usa.comLinkedIn501-1000 employeesapparel & fashion

Other plans on this EIN

1 filing

#004Retirement-$5.3M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$70.8M

+8.1% from 2023

Total participants

613

-9.7% from 2023

Average account balance

$122,834

+20.9% from 2023

Annual return

15.03%

-5.90 pp from 2023

Benchmarks

See 743 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort743 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$70.75M

Not enough data

1 years with asset history on file

Average account balance

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

$123K

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.

576

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.

91.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.04M

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

+15.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$103

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 INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$45,704
MOSS ADAMS LLP1 year Filed as: MOSS ADAMS, LLP Service code 10 · EIN 91-0189318	Accounting	$10,500

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$60K

$135 / participant

Recordkeeping$46K76.7%
Investment mgmt$3K5.7%
Other / not subdivided$11K17.6%

% of EOY assets

0.084%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US LLP
Auditor EIN: 301413443
Audit fees: $10,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,834

$66,486+84.8%

$81,370+51.0%

$77,762+58.0%

Participation rate

91.6%

68.7%+22.9pp

69.5%+22.1pp

70.6%+21.1pp

Annual return

15.03%

15.95%-0.9pp

24.85%-9.8pp

31.27%-16.2pp

Employer contribution / active EE

$1,739

$2,158-19.4%

$2,464-29.4%

$2,728-36.3%

Participant deferral / active EE

$5,119

$3,677+39.2%

$3,885+31.8%

$4,651+10.1%

Admin fee / account holder

$103

$586-82.3%

$5,749-98.2%

$433-76.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$45,704

MOSS ADAMS LLP1 year

Filed as: MOSS ADAMS, LLP

Service code 10 · EIN 91-0189318

Accounting

$10,500

PENDLETON WOOLEN MILLS, INC. 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENDLETON WOOLEN MILLS, INC. 401(K) AND 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