Retirement plan

PANKOW EMPLOYEES' PROFIT SHARING 401(K) PLAN

Name: CHARLES PANKOW BUILDERS, LTD - PANKOW EMPLOYEES' PROFIT SHARING 401(K) PLAN (2017) 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 2017

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$54.1M

+10.4% from 2016

Total participants

337

+9.4% from 2016

Average account balance

$160,644

+0.9% from 2016

Annual return

14.00%

+6.64 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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 3 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY3+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS Service code 15 · EIN 01-0233346	Recordkeeping	$86,153
RBC WEALTH MANAGEMENT3+ years Service code 16 · EIN 41-1416330	Consulting	$49,327
HUTCHINSON AND BLOODGOOD LLP3+ years Filed as: HUTCHINSON AND BLOODGOOD, LLP Service code 10 · EIN 95-0858589	Accounting	$10,500

Plan features & details

Pension benefit codes2E2J2F2G2R2S2T3H

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.
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

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

$601 / participant

Investment mgmt$49K33.8%
Contract admin$86K59.0%
Other / not subdivided$11K7.2%

% of EOY assets

0.270%

all-in expense ratio

Categories reported

2 / 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

$160,644

$58,726+173.5%

$92,240+74.2%

$62,293+157.9%

Participation rate

100.0%

68.3%+31.7pp

76.5%+23.5pp

69.5%+30.5pp

Annual return

14.00%

43.62%-29.6pp

176.29%-162.3pp

28.90%-14.9pp

Employer contribution / active EE

$3,674

$2,392+53.6%

$3,680-0.1%

$2,042+79.9%

Participant deferral / active EE

$9,919

$2,766+258.6%

$3,897+154.5%

$3,169+213.0%

Admin fee / account holder

$433

$556-22.2%

$5,194-91.7%

$479-9.6%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY3+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS

Service code 15 · EIN 01-0233346

Recordkeeping

$86,153

RBC WEALTH MANAGEMENT3+ years

Service code 16 · EIN 41-1416330

Consulting

$49,327

HUTCHINSON AND BLOODGOOD LLP3+ 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