Retirement plan
IDAHO NATIONAL LABORATORY EMPLOYEE INVESTMENT PLAN
BATTELLE ENERGY ALLIANCE, LLC AND FLUOR IDAHO, LLCEIN 68-0588324Plan #001PY 2017
Other plans on this EIN
1 filingProspect flagsLow returns
Filing contacts
From the Form 5500, federal recordPlan administrator signer
DAVID SEARLE
Signed 07/16/2018
Plan administrator entity
PLAN ADMINISTRATION COMMITTEE
EIN 680588324
Summary metrics
Total assets (EOY)
$1431.1M
-9.2% from 2017
Total participants
7,655
-11.4% from 2017
Average account balance
$190,438
+1.2% from 2017
Annual return
12.31%
-3.24 pp from 2017
Benchmarks
Peer group
Industry54 - Professional, Scientific, and Technical Services
Plan typeDefined contribution
Participants1,000-4,999
Cohort662 peers
Snapshot2017
74
Participant deferral / active EE
$9,167
median $6,227
78
Employer contribution / active EE
$6,067
median $2,067
82
Participation rate
97.2%
median 89.0%
87
Avg account balance
$190,438
median $73,054
19
Admin fee / account holder
$131
median $57
5
Annual return
12.31%
median 19.48%
Overall peer rank
57of 100
57th percentileavg across 6 metrics
Analytics
2016 - 2024
Total assets (EOY)
Plan-year ending balance
$2.32B
Average account balance
Total assets / participants with a balance (line 6g)
$262K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
8,874
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.3%
Contributions (total)
Employer and participant dollars contributed each year
$145.62M
Contributions per participant
Average employer and participant contribution per enrolled participant
$22K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+23.28%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$110
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 7 by compensation
| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.2+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $607,976 |
USI MIDWEST CINCINNATI2+ years Service code 23 · EIN 31-0507943 | Insurance services | $159,735 |
Service code 10 · EIN 68-0588324 | Accounting | $88,624 |
AON HEWITT2+ years Service code 16 · EIN 22-2232264 | Consulting | $60,110 |
Service code 29 · EIN 58-0511774 | Legal | $57,861 |
RUDD AND COMPANY2+ years Service code 10 · EIN 82-0467399 | Accounting | $15,506 |
BATTELLE ENERGY ALLIANCE LLC2+ years Service code 10 · EIN 31-4379427 | Accounting | $13,453 |
Reportable transactions (Schedule G)
1 row
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 3 Non-exempt transaction | BATELLE ENERGY ALLIANCE, LLC | EMPLOYER USE OF PLAN ASSETS RESULTING FROM OVERHEAD EXPENSES CHARGED TO PLAN, CORRECTED BY VFCP | — | — |
Plan features & details
Pension benefit codes2E2F2G2J2K2T3H
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants 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.
- 2JCode section 401(k) featureCash 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.
- 2KCode section 401(m) arrangementEmployee 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.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
1 tripped
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
Expense breakdown
Schedule H Part II
Admin total
$985K
$200 / participant
- Other / not subdivided$985K100.0%
% of EOY assets
0.069%
all-in expense ratio
Categories reported
0 / 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
- RUDD AND CO.
- Auditor EIN
- 820467399
- Audit fees
- (not subdivided)
- Opinion code
- Disclaimer