Retirement plan

DOYON UTILITIES, LLC RETIREMENT PLAN

Name: DOYON UTILITIES, LLC - DOYON UTILITIES, LLC RETIREMENT PLAN (2021) Form 5500
Creator: DOYON UTILITIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DOYON UTILITIES, LLC RETIREMENT PLAN, DOYON UTILITIES, LLC

DOYON UTILITIES, LLCEIN 20-3324258Plan #001PY 2021

714 4TH AVENUE, STE 100 - FAIRBANKS, AK 99701907-479-3118doyonutilities.comLinkedIn51-200 employeesutilities

Prospect flagsHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$64.3M

+18.0% from 2020

Total participants

239

+1.7% from 2020

Average account balance

$269,180

+16.1% from 2020

Annual return

14.33%

-10.55 pp from 2020

Benchmarks

See 183 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants100-249

Cohort183 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$73.12M

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.

287

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+15.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$36

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 1 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP7+ years Service code 12 · EIN 93-1253576	Claims processing; Custodial (other t...	$77,893

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$6K

$35 / participant

Contract admin$6K100.0%

% of EOY assets

0.009%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$269,180

$133,040+102.3%

$119,258+125.7%

$79,391+239.1%

Participation rate

100.0%

80.9%+19.1pp

82.7%+17.3pp

70.7%+29.3pp

Annual return

14.33%

20.05%-5.7pp

30.69%-16.4pp

116.88%-102.6pp

Employer contribution / active EE

$14,069

$4,390+220.5%

$4,384+220.9%

$2,428+479.5%

Participant deferral / active EE

$10,472

$6,448+62.4%

$6,111+71.4%

$4,046+158.8%

Admin fee / account holder

$24

$686-96.5%

$7,226-99.7%

$627-96.1%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP7+ years

Service code 12 · EIN 93-1253576

Claims processing; Custodial (other t...

$77,893

DOYON UTILITIES, LLC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DOYON UTILITIES, LLC 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