Retirement plan

LAW ENFORCEMENT OFFICERS UNION COUNCIL 82 AFSCME, AFL-CIO 401(K) PSP

Name: LAW ENFORCEMENT OFFICERS UNION COUNCIL 82 AFSCME AFL-CIO - LAW ENFORCEMENT OFFICERS UNION COUNCIL 82 AFSCME, AFL-CIO 401(K) PSP (2017) Form 5500
Creator: LAW ENFORCEMENT OFFICERS UNION COUNCIL 82 AFSCME AFL-CIO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAW ENFORCEMENT OFFICERS UNION COUNCIL 82 AFSCME, AFL-CIO 401(K) PSP, LAW ENFORCEMENT OFFICERS UNION COUNCIL 82 AFSCME AFL-CIO

LAW ENFORCEMENT OFFICERS UNION COUNCIL 82 AFSCME AFL-CIOEIN 14-1509911Plan #001PY 2017

63 COLVIN AVENUE - ALBANY, NY 12206518-489-8424

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.8M

-4.0% from 2016

Total participants

-17.6% from 2016

Average account balance

$204,392

+17.4% from 2016

Annual return

12.62%

+16.03 pp from 2016

Benchmarks

See 32,058 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,058 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.80M

Not enough data

1 years with asset history on file

Average account balance

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

$255K

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.

84.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$182K

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

+10.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1477

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 codes2E2H2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$468K

$35987 / participant

Other / not subdivided$468K100.0%

% of EOY assets

25.432%

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

$204,392

$99,011+106.4%

$86,582+136.1%

$147,586+38.5%

Participation rate

61.5%

76.3%-14.8pp

73.5%-12.0pp

82.8%-21.3pp

Annual return

12.62%

1312.75%-1300.1pp

965.08%-952.5pp

578.59%-566.0pp

Employer contribution / active EE

$6,234

$3,132+99.0%

$2,839+119.5%

$4,876+27.8%

Participant deferral / active EE

$4,350

$3,972+9.5%

$3,609+20.5%

$5,439-20.0%

Admin fee / account holder

$51,981

$5,709+810.5%

$4,904+959.9%

$10,886+377.5%

LAW ENFORCEMENT OFFICERS UNION COUNCIL 82 AFSCME, AFL-CIO 401(K) PSP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAW ENFORCEMENT OFFICERS UNION COUNCIL 82 AFSCME, AFL-CIO 401(K) PSP

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