Retirement plan

EMPLOYEE BENEFITS PLAN OF TRINITY ALLIANCE OF THE CAPITAL REGION, INC.

Name: TRINITY ALLIANCE OF THE CAPITAL REGION, INC. - EMPLOYEE BENEFITS PLAN OF TRINITY ALLIANCE OF THE CAPITAL REGION, INC. (2017) Form 5500
Creator: TRINITY ALLIANCE OF THE CAPITAL REGION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFITS PLAN OF TRINITY ALLIANCE OF THE CAPITAL REGION, INC., TRINITY ALLIANCE OF THE CAPITAL REGION, INC.

TRINITY ALLIANCE OF THE CAPITAL REGION, INC.EIN 14-1340122Plan #001PY 2017

15 TRINITY PL - ALBANY, NY 122021806518-449-5155LinkedIn51-200 employeesnon-profit organization management

Other plans on this EIN

1 filing

#002Retirement-$322K assets

Prospect flagsHigh feesLow assets / participantLow fidelity bondWind-down / frozen

How to read this page

Total assets (EOY)

$661K

+4.4% from 2016

Total participants

0.0% from 2016

Average account balance

$82,608

+30.5% from 2016

Annual return

9.36%

+1.64 pp from 2016

Benchmarks

See 1,138 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined benefit

Participants<25

Cohort1,138 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$159K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-0.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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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.

Enrolled actuary

1 attachment

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Plan features & details

Pension benefit codes1A3D

Plan features

1A
Benefits are primarily pay related
Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
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

4 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$40K

Other / not subdivided$40K100.0%

% of EOY assets

6.087%

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

$82,608

$142,816-42.2%

$128,366-35.6%

$248,183-66.7%

Participation rate

0.0%

22.2%-22.2pp

19.3%-19.3pp

45.9%-45.9pp

Annual return

9.36%

8.48%+0.9pp

9.39%0pp

10.21%-0.9pp

Employer contribution / active EE

$40,983-100.0%

$33,466-100.0%

$42,272-100.0%

Participant deferral / active EE

$682-100.0%

$657-100.0%

$121-100.0%

Admin fee / account holder

$5,029

$2,425+107.3%

$2,132+135.8%

$13,518-62.8%

EMPLOYEE BENEFITS PLAN OF TRINITY ALLIANCE OF THE CAPITAL REGION, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFITS PLAN OF TRINITY ALLIANCE OF THE CAPITAL REGION, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

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