Retirement plan

PARAMOUNT EXPORT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

Name: PARAMOUNT EXPORT COMPANY - PARAMOUNT EXPORT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN (2016) Form 5500
Creator: PARAMOUNT EXPORT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARAMOUNT EXPORT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN, PARAMOUNT EXPORT COMPANY

PARAMOUNT EXPORT COMPANYEIN 94-1424927Plan #001PY 2016

175 FILBERT STREET, STE 201 - OAKLAND, CA 94607510-839-0150paramountexport.netLinkedIn51-200 employeesimport and export

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$33.6M

No prior year

Total participants

170

No prior year

Average account balance

$197,473

No prior year

Annual return

7.37%

No prior year

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.02M

Not enough data

1 years with asset history on file

Average account balance

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

$358K

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.

109

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$348K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+24.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$267

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 5 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.1+ years Filed as: MILLIMAN Service code 15 · EIN 91-0675641	Recordkeeping	$39,761
COMYNS, SMITH, MCCLEARY & DEAVER1+ years Service code 10 · EIN 68-0307221	Accounting	$17,324
BUFFINGTON & AARON1+ years Service code 29 · EIN 94-3151719	Legal	$14,220
MATRIX TRUST COMPANY1+ years Service code 21 · EIN 75-3182674	Bank Trustee	$14,049
SANSOME STREET APPRAISERS, INC.1+ years Filed as: SANSOME STREET APPRAISERS Service code 34 · EIN 93-1041291	Direct payment from the plan; Valuati...	$6,000

Plan features & details

Pension benefit codes2E2F2H2I2J2O2R2T

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2I
Stock bonus
Stock bonus plan.
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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
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.

Opportunity flags

1 tripped

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

$91K

$774 / participant

Investment mgmt$91K100.0%

% of EOY assets

0.272%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COMYNS, SMITH, MCCLEARY, DEAVE, LLP
Auditor EIN: 680307221
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$197,473

$63,924+208.9%

$108,582+81.9%

$55,167+258.0%

Participation rate

100.0%

74.3%+25.7pp

79.6%+20.4pp

69.0%+31.0pp

Annual return

7.37%

15.31%-7.9pp

-51.70%+59.1pp

169.23%-161.9pp

Employer contribution / active EE

$15,497

$1,879+724.7%

$3,758+312.3%

$1,963+689.6%

Participant deferral / active EE

$4,869

$3,067+58.8%

$4,311+12.9%

$3,054+59.4%

Admin fee / account holder

$537

$618-13.0%

$7,645-93.0%

$504+6.6%

Provider

Service type

Compensation

MILLIMAN, INC.1+ years

Filed as: MILLIMAN

Service code 15 · EIN 91-0675641

Recordkeeping

$39,761

COMYNS, SMITH, MCCLEARY & DEAVER1+ years

Service code 10 · EIN 68-0307221

Accounting

$17,324

BUFFINGTON & AARON1+ years

Service code 29 · EIN 94-3151719

Legal

$14,220

MATRIX TRUST COMPANY1+ years

Service code 21 · EIN 75-3182674

Bank Trustee

$14,049

SANSOME STREET APPRAISERS, INC.1+ years

Filed as: SANSOME STREET APPRAISERS

Service code 34 · EIN 93-1041291

Direct payment from the plan; Valuati...

$6,000

PARAMOUNT EXPORT COMPANY EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARAMOUNT EXPORT COMPANY EMPLOYEE STOCK OWNERSHIP 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