Retirement plan

PENGO WIRELINE OF CALIFORNIA, INC. EMPLOYEE 401K PROFIT SHARING PLAN

Name: PENGO WIRELINE OF CALIFORNIA, INC. - PENGO WIRELINE OF CALIFORNIA, INC. EMPLOYEE 401K PROFIT SHARING PLAN (2025) Form 5500
Creator: PENGO WIRELINE OF CALIFORNIA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENGO WIRELINE OF CALIFORNIA, INC. EMPLOYEE 401K PROFIT SHARING PLAN, PENGO WIRELINE OF CALIFORNIA, INC.

PENGO WIRELINE OF CALIFORNIA, INC.EIN 95-3663849Plan #002PY 2025

3529 STANDARD STREET - BAKERSFIELD, CA 933085224661-327-9900pengowireline.comLinkedIn11-50 employeesoil & energy

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.5M

+14.5% from 2024

Total participants

-5.7% from 2024

Average account balance

$126,086

+2.2% from 2024

Annual return

15.49%

+5.55 pp from 2024

Benchmarks

See 542 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants25-99

Cohort542 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.53M

Not enough data

1 years with asset history on file

Average account balance

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

$126K

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.

84.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$220K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9580

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 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

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

$268K

$8129 / participant

Other / not subdivided$268K100.0%

% of EOY assets

7.598%

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

$126,086

$99,633+26.6%

$183,328-31.2%

$82,448+52.9%

Participation rate

84.8%

70.8%+14.1pp

77.3%+7.5pp

68.1%+16.8pp

Annual return

15.49%

17.84%-2.4pp

29.67%-14.2pp

41.64%-26.2pp

Employer contribution / active EE

$2,769

$3,256-15.0%

$5,055-45.2%

$2,551+8.5%

Participant deferral / active EE

$3,909

$4,938-20.8%

$6,795-42.5%

$4,139-5.6%

Admin fee / account holder

$9,580

$9,934-3.6%

$21,427-55.3%

$7,234+32.4%

PENGO WIRELINE OF CALIFORNIA, INC. EMPLOYEE 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENGO WIRELINE OF CALIFORNIA, INC. EMPLOYEE 401K 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