Retirement plan

PRECISION WIRE PRODUCTS, INC. EMPLOYEES' 401(K) PROFIT SHARING PL & TR

Name: PRECISION WIRE PRODUCTS INC. - PRECISION WIRE PRODUCTS, INC. EMPLOYEES' 401(K) PROFIT SHARING PL & TR (2015) Form 5500
Creator: PRECISION WIRE PRODUCTS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRECISION WIRE PRODUCTS, INC. EMPLOYEES' 401(K) PROFIT SHARING PL & TR, PRECISION WIRE PRODUCTS INC.

PRECISION WIRE PRODUCTS INC.EIN 95-2594778Plan #001PY 2015

6150 SHEILA STREET - COMMERCE, CA 900402407323-890-9100precisionwireproducts.comLinkedIn201-500 employeesbusiness supplies and equipment

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$5.1M

No prior year

Total participants

160

No prior year

Average account balance

$33,463

No prior year

Annual return

2.58%

No prior year

Benchmarks

See 3,906 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort3,906 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.88M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

169

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.

37.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$601K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$247

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 3 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO Service code 15 1740 BRAODWAY MAC# C7300-105 · DENVER, CO 80274	Recordkeeping	$263
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: ADVISED ASSET GROUP Service code 28 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111	Investment Management	$258
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT-WEST LIFE & ANNUITY Service code 64 INSURANCE COMPANY · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2F2H2J3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5K

$31 / participant

Investment mgmt$2585.6%
Other / not subdivided$4K94.4%

% of EOY assets

0.089%

all-in expense ratio

Categories reported

1 / 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: LUCAS HORSFALL MURPHY & PINDROH LLP
Auditor EIN: 954659692
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,463

$54,320-38.4%

$67,652-50.5%

$52,331-36.1%

Participation rate

95.3%

73.6%+21.7pp

75.7%+19.6pp

68.1%+27.2pp

Annual return

2.58%

6.81%-4.2pp

6625.40%-6622.8pp

4.54%-2.0pp

Employer contribution / active EE

$322

$1,544-79.1%

$2,266-85.8%

$1,882-82.9%

Participant deferral / active EE

$1,793

$2,950-39.2%

$3,560-49.6%

$3,022-40.7%

Admin fee / account holder

$30

$527-94.3%

$4,821-99.4%

$592-94.9%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO

Service code 15

1740 BRAODWAY MAC# C7300-105 · DENVER, CO 80274

Recordkeeping

$263

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: ADVISED ASSET GROUP

Service code 28

8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111

Investment Management

$258

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT-WEST LIFE & ANNUITY

Service code 64

INSURANCE COMPANY · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

PRECISION WIRE PRODUCTS, INC. EMPLOYEES' 401(K) PROFIT SHARING PL & TR

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRECISION WIRE PRODUCTS, INC. EMPLOYEES' 401(K) PROFIT SHARING PL & TR

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