Retirement plan

P.G. MOLINARI & SONS, INC. PROFIT SHARING PLAN

Name: P.G. MOLINARI & SONS, INC. - P.G. MOLINARI & SONS, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: P.G. MOLINARI & SONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, P.G. MOLINARI & SONS, INC. PROFIT SHARING PLAN, P.G. MOLINARI & SONS, INC.

P.G. MOLINARI & SONS, INC.EIN 94-0690820Plan #002PY 2020

1401 YOSEMITE AVENUE - SAN FRANCISCO, CA 94124415-822-5555LinkedIn1-10 employees

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$4.2M

+1.2% from 2019

Total participants

0.0% from 2019

Average account balance

$168,458

-2.8% from 2019

Annual return

7.56%

-2.50 pp from 2019

Benchmarks

See 18,868 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,868 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.09M

Not enough data

1 years with asset history on file

Average account balance

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

$176K

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.

103.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$252K

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

+6.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13646

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 codes2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$484K

$20171 / participant

Other / not subdivided$484K100.0%

% of EOY assets

11.495%

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

$168,458

$112,933+49.2%

$90,970+85.2%

$158,982+6.0%

Participation rate

95.8%

74.7%+21.1pp

69.0%+26.8pp

82.0%+13.9pp

Annual return

7.56%

215.82%-208.3pp

134.60%-127.0pp

302.99%-295.4pp

Employer contribution / active EE

$8,958

$2,893+209.6%

$2,122+322.2%

$4,763+88.1%

Participant deferral / active EE

$4,128-100.0%

$3,373-100.0%

$5,983-100.0%

Admin fee / account holder

$19,364

$8,047+140.7%

$5,961+224.9%

$11,252+72.1%

P.G. MOLINARI & SONS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

P.G. MOLINARI & SONS, INC. 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