Retirement plan

DAIICHI CHUO SHIPPING (AMERICA), INC. RETIREMENT P

Name: DAIICHI CHUO SHIPPING (AMERICA), IN - DAIICHI CHUO SHIPPING (AMERICA), INC. RETIREMENT P (2017) Form 5500
Creator: DAIICHI CHUO SHIPPING (AMERICA), IN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAIICHI CHUO SHIPPING (AMERICA), INC. RETIREMENT P, DAIICHI CHUO SHIPPING (AMERICA), IN

DAIICHI CHUO SHIPPING (AMERICA), INEIN 13-2671877Plan #002PY 2017

380 LEXINGTON AVE, SUITE 1710 - NEW YORK, NY 10168212-269-2677LinkedIn1-10 employeesmaritime

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$557K

-45.4% from 2016

Total participants

-50.0% from 2016

Average account balance

$556,907

+9.1% from 2016

Annual return

14.07%

+6.90 pp from 2016

Benchmarks

See 6,286 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort6,286 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.40M

Not enough data

1 years with asset history on file

Average account balance

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

$702K

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.

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+15.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4454

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$691K

$690955 / participant

Other / not subdivided$691K100.0%

% of EOY assets

124.070%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$556,907

$91,037+511.7%

$71,671+677.0%

$147,586+277.3%

Participation rate

100.0%

76.1%+23.9pp

68.7%+31.3pp

82.8%+17.2pp

Annual return

14.07%

20.48%-6.4pp

20.65%-6.6pp

578.59%-564.5pp

Employer contribution / active EE

$57,344

$3,327+1623.4%

$2,460+2231.2%

$4,876+1076.0%

Participant deferral / active EE

$18,000

$4,498+300.2%

$3,438+423.6%

$5,439+231.0%

Admin fee / account holder

$690,955

$8,613+7922.7%

$5,558+12330.7%

$10,886+6247.3%

DAIICHI CHUO SHIPPING (AMERICA), INC. RETIREMENT P

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAIICHI CHUO SHIPPING (AMERICA), INC. RETIREMENT P

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