Retirement plan

AMERICAN CONTRACT BRIDGE LEAGUE 401(K) RETIREMENT PLAN

Name: AMERICAN CONTRACT BRIDGE LEAGUE - AMERICAN CONTRACT BRIDGE LEAGUE 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: AMERICAN CONTRACT BRIDGE LEAGUE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN CONTRACT BRIDGE LEAGUE 401(K) RETIREMENT PLAN, AMERICAN CONTRACT BRIDGE LEAGUE

AMERICAN CONTRACT BRIDGE LEAGUEEIN 13-0430330Plan #002PY 2019

6575 WINDCHASE BOULEVARD - HORN LAKE, MS 38637662-253-3105acbl.orgLinkedIn201-500 employeessports

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$16.1M

+12.5% from 2018

Total participants

138

+1.5% from 2018

Average account balance

$116,453

+10.0% from 2018

Annual return

16.92%

+20.26 pp from 2018

Benchmarks

See 601 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort601 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.67M

Not enough data

1 years with asset history on file

Average account balance

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

$109K

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.

125

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$772K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$454

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
JOHN HANCOCK LIFE INSURANCE COMPANY3 years Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600	Recordkeeping	$1,150
JP MORGAN INVESTMENT MANAGEMENT INC3 years Filed as: RELIANT INVESTMENT MANAGEMENT Service code 26 · EIN 62-1842540 1715 AARON BRENNER DRIVE · MEMPHIS, TN 38120	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2S3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$56K

$494 / participant

Investment mgmt$30K53.8%
Contract admin$26K45.7%
Other / not subdivided$3000.5%

% of EOY assets

0.347%

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: WATKINS UIBERALL, PLLC
Auditor EIN: 621804252
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$116,453

$46,722+149.2%

$130,660-10.9%

$65,185+78.6%

Participation rate

100.0%

60.9%+39.1pp

71.7%+28.3pp

70.2%+29.8pp

Annual return

16.92%

24.17%-7.3pp

1709.29%-1692.4pp

29.38%-12.5pp

Employer contribution / active EE

$2,979

$1,488+100.3%

$4,092-27.2%

$2,177+36.9%

Participant deferral / active EE

$5,532

$2,545+117.4%

$3,603+53.5%

$3,514+57.4%

Admin fee / account holder

$404

$453-10.7%

$5,463-92.6%

$847-52.3%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY3 years

Service code 15 · EIN 01-0233346

P.O. BOX 600 · BUFFALO, NY 142010600

Recordkeeping

$1,150

JP MORGAN INVESTMENT MANAGEMENT INC3 years

Filed as: RELIANT INVESTMENT MANAGEMENT

Service code 26 · EIN 62-1842540

1715 AARON BRENNER DRIVE · MEMPHIS, TN 38120

Advisory (Participants)

AMERICAN CONTRACT BRIDGE LEAGUE 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN CONTRACT BRIDGE LEAGUE 401(K) RETIREMENT 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