Retirement plan

TELSTRA INCORPORATED EMPLOYEE 401K PLAN

Name: TELSTRA INCORPORATED - TELSTRA INCORPORATED EMPLOYEE 401K PLAN (2015) Form 5500
Creator: TELSTRA INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TELSTRA INCORPORATED EMPLOYEE 401K PLAN, TELSTRA INCORPORATED

TELSTRA INCORPORATEDEIN 13-3776721Plan #001PY 2015

40 WALL STREET FLOOR 44 - NEW YORK, NY 100051316212-863-2872

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$10.6M

No prior year

Total participants

119

No prior year

Average account balance

$99,677

No prior year

Annual return

3.40%

No prior year

Benchmarks

See 2,755 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort2,755 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.34M

Not enough data

1 years with asset history on file

Average account balance

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

$245K

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.

144

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.

86.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.16M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+19.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$323

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

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 codes2E2F2G2J2T3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

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

$742K

$8731 / participant

Other / not subdivided$742K100.0%

% of EOY assets

7.024%

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

$99,677

$52,903+88.4%

$73,309+36.0%

$59,632+67.2%

Participation rate

84.7%

68.2%+16.5pp

74.9%+9.8pp

68.7%+16.0pp

Annual return

3.40%

12.20%-8.8pp

5.67%-2.3pp

2041.32%-2037.9pp

Employer contribution / active EE

$5,739

$1,909+200.7%

$3,237+77.3%

$2,203+160.6%

Participant deferral / active EE

$12,038

$4,069+195.8%

$4,991+141.2%

$3,192+277.2%

Admin fee / account holder

$7,001

$3,834+82.6%

$5,637+24.2%

$4,297+62.9%

TELSTRA INCORPORATED EMPLOYEE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TELSTRA INCORPORATED EMPLOYEE 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