Retirement plan

ALLISON COMMERCIAL INSURANCE AGENCY, INC. 401(K) PROFIT SHARING PLAN

Name: ALLISON COMMERCIAL INSURANCE AGENCY, INC. - ALLISON COMMERCIAL INSURANCE AGENCY, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: ALLISON COMMERCIAL INSURANCE AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLISON COMMERCIAL INSURANCE AGENCY, INC. 401(K) PROFIT SHARING PLAN, ALLISON COMMERCIAL INSURANCE AGENCY, INC.

ALLISON COMMERCIAL INSURANCE AGENCY, INC.EIN 20-8512168Plan #001PY 2018

2775 N. VENTURA ROAD, SUITE 209 - OXNARD, CA 93036805-644-4740LinkedIn1-10 employeesinsurance

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$127K

+15.4% from 2017

Total participants

+14.3% from 2017

Average account balance

$21,233

+15.4% from 2017

Annual return

-12.18%

-30.86 pp from 2017

Benchmarks

See 38,943 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,943 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$725K

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$79K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.91%

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

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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$586 / participant

Other / not subdivided$4K100.0%

% of EOY assets

3.221%

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

$21,233

$97,761-78.3%

$83,850-74.7%

$135,382-84.3%

Participation rate

71.4%

80.0%-8.5pp

76.1%-4.7pp

82.6%-11.2pp

Annual return

-12.18%

1287.44%-1299.6pp

850.92%-863.1pp

519.77%-532.0pp

Employer contribution / active EE

$1,032

$4,222-75.6%

$3,631-71.6%

$4,779-78.4%

Participant deferral / active EE

$3,645

$4,682-22.1%

$4,082-10.7%

$5,609-35.0%

Admin fee / account holder

$684

$6,674-89.8%

$5,478-87.5%

$10,829-93.7%

ALLISON COMMERCIAL INSURANCE AGENCY, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALLISON COMMERCIAL INSURANCE AGENCY, INC. 401(K) PROFIT SHARING 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