Retirement plan

PANKOW EMPLOYEES' PROFIT SHARING 401(K) PLAN

Name: CHARLES PANKOW BUILDERS, LTD - PANKOW EMPLOYEES' PROFIT SHARING 401(K) PLAN (2015) Form 5500
Creator: CHARLES PANKOW BUILDERS, LTD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PANKOW EMPLOYEES' PROFIT SHARING 401(K) PLAN, CHARLES PANKOW BUILDERS, LTD

CHARLES PANKOW BUILDERS, LTDEIN 95-4045641Plan #001PY 2015

199 S. LOS ROBLES AVENUE, SUITE 300 - PASADENA, CA 91101626-304-1190

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$44.8M

No prior year

Total participants

309

No prior year

Average account balance

$144,940

No prior year

Annual return

-1.12%

No prior year

Benchmarks

See 1,997 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort1,997 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$64.87M

Not enough data

1 years with asset history on file

Average account balance

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

$198K

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.

328

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.81M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+12.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$336

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
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0233346	Recordkeeping	$60,453
RBC WEALTH MANAGEMENT1+ years Service code 16 · EIN 41-1416330	Consulting	$45,734
JP MORGAN INVESTMENT MANAGEMENT INC1+ years Filed as: NEW YORK LIFE INVESTMENT MANAGEMENT Service code 15 · EIN 52-2206685	Recordkeeping	$29,068
HUTCHINSON AND BLOODGOOD LLP1+ years Filed as: HUTCHINSON AND BLOODGOOD, LLP Service code 10 · EIN 95-0858589	Accounting	$10,500

Plan features & details

Pension benefit codes2E2J2F2G2R2S2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$146K

$660 / participant

Contract admin$90K61.4%
Other / not subdivided$56K38.6%

% of EOY assets

0.325%

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: HUTCHINSON AND BLOODGOOD LLP
Auditor EIN: 950858589
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$144,940

$50,464+187.2%

$75,784+91.3%

$52,331+177.0%

Participation rate

100.0%

66.8%+33.2pp

75.8%+24.2pp

68.1%+31.9pp

Annual return

-1.12%

1.03%-2.1pp

9.68%-10.8pp

4.54%-5.7pp

Employer contribution / active EE

$3,057

$1,988+53.7%

$3,323-8.0%

$1,882+62.4%

Participant deferral / active EE

$9,564

$2,570+272.1%

$3,652+161.9%

$3,022+216.5%

Admin fee / account holder

$472

$1,103-57.2%

$5,300-91.1%

$592-20.3%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS

Service code 15 · EIN 01-0233346

Recordkeeping

$60,453

RBC WEALTH MANAGEMENT1+ years

Service code 16 · EIN 41-1416330

Consulting

$45,734

JP MORGAN INVESTMENT MANAGEMENT INC1+ years

Filed as: NEW YORK LIFE INVESTMENT MANAGEMENT

Service code 15 · EIN 52-2206685

Recordkeeping

$29,068

HUTCHINSON AND BLOODGOOD LLP1+ years

Filed as: HUTCHINSON AND BLOODGOOD, LLP

Service code 10 · EIN 95-0858589

Accounting

$10,500

PANKOW EMPLOYEES' PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PANKOW EMPLOYEES' PROFIT SHARING 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