Retirement plan

CAMBRIDGE BANCORP SAVINGS INVESTMENT PLAN

Name: CAMBRIDGE TRUST COMPANY - CAMBRIDGE BANCORP SAVINGS INVESTMENT PLAN (2015) Form 5500
Creator: CAMBRIDGE TRUST COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAMBRIDGE BANCORP SAVINGS INVESTMENT PLAN, CAMBRIDGE TRUST COMPANY

CAMBRIDGE TRUST COMPANYEIN 04-2777442Plan #002PY 2015

P.O. BOX 380186 - CAMBRIDGE, MA 022380186617-876-5500

Other plans on this EIN

2 filings

#001Retirement-$38.5M assets #003Retirement-$17.4M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$43.1M

No prior year

Total participants

289

No prior year

Average account balance

$149,074

No prior year

Annual return

0.88%

No prior year

Benchmarks

See 2,156 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,156 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$50.92M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

314

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.

94.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+15.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13

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
M HOLDINGS SECURITIES INC1+ years Service code 49 · EIN 91-1802259	Other Services	$40,193
GRANT THORNTON LLP1+ years Service code 10 · EIN 36-6055558	Accounting	$14,091
THE ANGELL PENSION GROUP, INC.1+ years Service code 49 · EIN 04-2530412	Other Services	$6,337
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290	Contract Administrator	$3,710

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$18K

$81 / participant

Contract admin$4K20.8%
Other / not subdivided$14K79.2%

% of EOY assets

0.041%

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: GRANT THORNTON LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$149,074

$70,667+111.0%

$123,105+21.1%

$52,331+184.9%

Participation rate

100.0%

83.7%+16.3pp

86.8%+13.2pp

68.1%+31.9pp

Annual return

0.88%

6.23%-5.4pp

13.22%-12.3pp

4.54%-3.7pp

Employer contribution / active EE

$2,645

$2,946-10.2%

$5,151-48.7%

$1,882+40.6%

Participant deferral / active EE

$8,045

$4,493+79.1%

$6,229+29.1%

$3,022+166.2%

Admin fee / account holder

$62

$506-87.8%

$9,014-99.3%

$592-89.6%

Provider

Service type

Compensation

M HOLDINGS SECURITIES INC1+ years

Service code 49 · EIN 91-1802259

Other Services

$40,193

GRANT THORNTON LLP1+ years

Service code 10 · EIN 36-6055558

Accounting

$14,091

THE ANGELL PENSION GROUP, INC.1+ years

Service code 49 · EIN 04-2530412

Other Services

$6,337

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$3,710

CAMBRIDGE BANCORP SAVINGS INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAMBRIDGE BANCORP SAVINGS INVESTMENT 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