Retirement plan

CAPE COD EXPRESS & COMPANIES 401K PLAN

Name: CAPE COD EXPRESS, INC. - CAPE COD EXPRESS & COMPANIES 401K PLAN (2016) Form 5500
Creator: CAPE COD EXPRESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAPE COD EXPRESS & COMPANIES 401K PLAN, CAPE COD EXPRESS, INC.

CAPE COD EXPRESS, INC.EIN 04-2263917Plan #001PY 2016

1 EXPRESS DRIVE - WAREHAM, MA 025715028508-291-1600capecpr.comLinkedIn11-50 employeeshigher education

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$8.9M

+11.0% from 2015

Total participants

165

+3.1% from 2015

Average account balance

$79,502

+8.0% from 2015

Annual return

7.98%

+14.72 pp from 2015

Benchmarks

See 1,015 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,015 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.30M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

115

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.

50.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$755K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+8.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$154

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 2 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO Service code 51 · EIN 23-2384840 100 WESTMINSTER STREET · PROVIDENCE, RI 02903	Investment Mgmt Fees	$32,584
MARCUM LLP2+ years Service code 10 · EIN 11-1986323 155 SOUTH MAIN STREET · PROVIDENCE, RI 02903	Accounting	$10,208

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$45K

$288 / participant

Investment mgmt$33K73.0%
Other / not subdivided$12K27.0%

% of EOY assets

0.504%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MARCUM LLP
Auditor EIN: 111986323
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,502

$44,425+79.0%

$67,834+17.2%

$55,167+44.1%

Participation rate

66.0%

59.7%+6.3pp

68.8%-2.8pp

69.0%-3.0pp

Annual return

7.98%

17.80%-9.8pp

138.47%-130.5pp

169.23%-161.3pp

Employer contribution / active EE

$1,028

$1,351-23.9%

$2,403-57.2%

$1,963-47.6%

Participant deferral / active EE

$2,814

$2,166+29.9%

$3,160-10.9%

$3,054-7.9%

Admin fee / account holder

$401

$530-24.4%

$4,622-91.3%

$504-20.5%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2+ years

Filed as: WELLS FARGO

Service code 51 · EIN 23-2384840

100 WESTMINSTER STREET · PROVIDENCE, RI 02903

Investment Mgmt Fees

$32,584

MARCUM LLP2+ years

Service code 10 · EIN 11-1986323

155 SOUTH MAIN STREET · PROVIDENCE, RI 02903

Accounting

$10,208

CAPE COD EXPRESS & COMPANIES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAPE COD EXPRESS & COMPANIES 401K 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