Retirement plan

PARAMOUNT EXPORT COMPANY PROFIT SHARING AND 401(K) PLAN

Name: PARAMOUNT EXPORT COMPANY - PARAMOUNT EXPORT COMPANY PROFIT SHARING AND 401(K) PLAN (2018) Form 5500
Creator: PARAMOUNT EXPORT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARAMOUNT EXPORT COMPANY PROFIT SHARING AND 401(K) PLAN, PARAMOUNT EXPORT COMPANY

PARAMOUNT EXPORT COMPANYEIN 94-1424927Plan #001PY 2018

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

Other plans on this EIN

1 filing

#002Retirement-$8.2M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$29.9M

-16.9% from 2017

Total participants

157

-8.7% from 2017

Average account balance

$193,996

-9.3% from 2017

Annual return

-14.49%

-19.86 pp from 2017

Benchmarks

See 2,344 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,344 peers

Snapshot2018

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 4 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.3+ years Filed as: MILLIMAN Service code 15 · EIN 91-0675641	Recordkeeping	$30,206
PRUDENT INVESTOR ADVISORS1 year Filed as: LLC PRUDENT INVESTOR ADVISORS Service code 34 · EIN 65-1306741	Valuation (appraisals, etc.); Direct ...	$19,000
COMYNS, SMITH, MCCLEARY & DEAVER3+ years Service code 10 · EIN 68-0307221	Accounting	$15,179
MATRIX TRUST COMPANY3+ years Service code 21 · EIN 75-3182674	Bank Trustee	$2,527

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$67K

$601 / participant

Other / not subdivided$67K100.0%

% of EOY assets

0.225%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$193,996

$66,302+192.6%

$110,243+76.0%

$56,287+244.7%

Participation rate

97.3%

74.9%+22.4pp

79.8%+17.5pp

69.9%+27.5pp

Annual return

-14.49%

-1.18%-13.3pp

314.76%-329.3pp

-9.96%-4.5pp

Employer contribution / active EE

$2,047-100.0%

$3,827-100.0%

$2,111-100.0%

Participant deferral / active EE

$5,282

$3,381+56.2%

$4,672+13.0%

$3,350+57.7%

Admin fee / account holder

$437

$698-37.4%

$8,548-94.9%

$521-16.1%

Provider

Service type

Compensation

MILLIMAN, INC.3+ years

Filed as: MILLIMAN

Service code 15 · EIN 91-0675641

Recordkeeping

$30,206

PRUDENT INVESTOR ADVISORS1 year

Filed as: LLC PRUDENT INVESTOR ADVISORS

Service code 34 · EIN 65-1306741

Valuation (appraisals, etc.); Direct ...

$19,000

COMYNS, SMITH, MCCLEARY & DEAVER3+ years

Service code 10 · EIN 68-0307221

Accounting

$15,179

MATRIX TRUST COMPANY3+ years

Service code 21 · EIN 75-3182674

Bank Trustee

$2,527

PARAMOUNT EXPORT COMPANY PROFIT SHARING AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARAMOUNT EXPORT COMPANY 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