Retirement plan

P C SERVICES, INC. DBA PARADISE COVE 401K PROFIT SHARING PLAN

Name: P C SERVICES, INC. DBA PARADISE COVE - P C SERVICES, INC. DBA PARADISE COVE 401K PROFIT SHARING PLAN (2024) Form 5500
Creator: P C SERVICES, INC. DBA PARADISE COVE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, P C SERVICES, INC. DBA PARADISE COVE 401K PROFIT SHARING PLAN, P C SERVICES, INC. DBA PARADISE COVE

P C SERVICES, INC. DBA PARADISE COVEEIN 99-0291166Plan #001PY 2024

92-1089 ALIINUI DRIVE - KAPOLEI, HI 967072210808-679-0003

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.1M

+6.4% from 2023

Total participants

153

-11.6% from 2023

Average account balance

$55,192

+10.0% from 2023

Annual return

12.59%

-3.58 pp from 2023

Benchmarks

See 827 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort827 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.06M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

146

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$542K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$363

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 5 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH3 years Filed as: MERRILL LYNCH PIERCE FENNER SMITH I Service code 15 · EIN 13-5674085 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534	Recordkeeping	$14,243
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 1 ADP BLVD · ROSELAND, NJ 07068	Recordkeeping	$12,477
MERRILL LYNCH PIERCE FENNER & SMITH1 year Service code 99 · EIN 13-5674085 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534	Other Fees	$5,686
PENSION SERVICES, INC.7 years Filed as: PENSION SERVICES CORPORATION Service code 13 · EIN 99-0262088 1357 KAPIOLANI BLVD STE 1111 · HONOLULU, HI 96814	Contract Administrator	$5,586
ADP BROKER-DEALER1 year Service code 99	Other Fees	$0

Plan features & details

Pension benefit codes2A2E2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

$53K

$491 / participant

Investment mgmt$44K83.5%
Legal$3K5.2%
Other / not subdivided$6K11.3%

% of EOY assets

0.657%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KMH LLP
Auditor EIN: 421539623
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,192

$52,450+5.2%

$129,384-57.3%

$74,459-25.9%

Participation rate

93.5%

53.8%+39.7pp

69.6%+23.9pp

67.2%+26.3pp

Annual return

12.59%

15.65%-3.1pp

9461.77%-9449.2pp

1369.70%-1357.1pp

Employer contribution / active EE

$1,818

$1,532+18.7%

$4,153-56.2%

$2,626-30.8%

Participant deferral / active EE

$3,199

$2,797+14.3%

$4,166-23.2%

$4,350-26.5%

Admin fee / account holder

$363

$2,636-86.2%

$7,686-95.3%

$1,945-81.3%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH3 years

Filed as: MERRILL LYNCH PIERCE FENNER SMITH I

Service code 15 · EIN 13-5674085

1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534

Recordkeeping

$14,243

ADP BROKER-DEALER1 year

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

1 ADP BLVD · ROSELAND, NJ 07068

Recordkeeping

$12,477

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Service code 99 · EIN 13-5674085

1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534

Other Fees

$5,686

PENSION SERVICES, INC.7 years

Filed as: PENSION SERVICES CORPORATION

Service code 13 · EIN 99-0262088

1357 KAPIOLANI BLVD STE 1111 · HONOLULU, HI 96814

Contract Administrator

$5,586

ADP BROKER-DEALER1 year

Service code 99

Other Fees

P C SERVICES, INC. DBA PARADISE COVE 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

P C SERVICES, INC. DBA PARADISE COVE 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