Retirement plan

PRUDENTIAL LIGHTING UNION PLAN

Name: PRUDENTIAL LIGHTING CORPORATION - PRUDENTIAL LIGHTING UNION PLAN (2020) Form 5500
Creator: PRUDENTIAL LIGHTING CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRUDENTIAL LIGHTING UNION PLAN, PRUDENTIAL LIGHTING CORPORATION

PRUDENTIAL LIGHTING CORPORATIONEIN 95-1851553Plan #002PY 2020

1774 E 21ST STREET - LOS ANGELES, CA 90058213-477-7205prulite.comLinkedIn51-200 employeeselectrical/electronic manufacturing

Other plans on this EIN

1 filing

#001Retirement-$51.2M assets

Prospect flagsHigh cashLow assets / participant

How to read this page

Total assets (EOY)

$1.7M

+10.9% from 2019

Total participants

123

-2.4% from 2019

Average account balance

$14,049

+12.8% from 2019

Annual return

11.33%

-5.51 pp from 2019

Benchmarks

See 14,881 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,881 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.12M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

105

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$251K

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

+8.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$44

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
SAGEVIEW ADVISORY GROUP, LLC1 year Filed as: SAGEVIEW ADVISORY GROUP LLC Service code 26 · EIN 33-0818667	Advisory (Participants)	$7,768
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$1,565
ADP BROKER-DEALER1 year Service code 49 · EIN 22-3319984	Other Services	$0
CETERA ADVISOR NETWORKS LLC1 year Filed as: CETERA ADVISOR NETWORKS Service code 49 1920 MAIN ST · IRVINE, CA 92614	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$18 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.091%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,049

$78,428-82.1%

$95,960-85.4%

$79,852-82.4%

Participation rate

98.9%

73.5%+25.4pp

77.1%+21.8pp

69.6%+29.2pp

Annual return

11.33%

19.37%-8.0pp

91.63%-80.3pp

31.72%-20.4pp

Employer contribution / active EE

$495

$1,945-74.6%

$2,541-80.5%

$2,471-80.0%

Participant deferral / active EE

$1,911

$3,440-44.4%

$4,167-54.1%

$3,740-48.9%

Admin fee / account holder

$13

$5,622-99.8%

$6,797-99.8%

$5,306-99.8%

Provider

Service type

Compensation

SAGEVIEW ADVISORY GROUP, LLC1 year

Filed as: SAGEVIEW ADVISORY GROUP LLC

Service code 26 · EIN 33-0818667

Advisory (Participants)

$7,768

ADP BROKER-DEALER1 year

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$1,565

ADP BROKER-DEALER1 year

Service code 49 · EIN 22-3319984

Other Services

CETERA ADVISOR NETWORKS LLC1 year

Filed as: CETERA ADVISOR NETWORKS

Service code 49

1920 MAIN ST · IRVINE, CA 92614

Other Services

PRUDENTIAL LIGHTING UNION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRUDENTIAL LIGHTING UNION 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