Retirement plan

LS POWER DEVELOPMENT, LLC 401(K) AND PROFIT SHARING PLAN

Name: LS POWER DEVELOPMENT, LLC - LS POWER DEVELOPMENT, LLC 401(K) AND PROFIT SHARING PLAN (2020) Form 5500
Creator: LS POWER DEVELOPMENT, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LS POWER DEVELOPMENT, LLC 401(K) AND PROFIT SHARING PLAN, LS POWER DEVELOPMENT, LLC

LS POWER DEVELOPMENT, LLCEIN 22-3779323Plan #001PY 2020

ONE TOWER CENTER , 21ST FLOOR - EAST BRUNSWICK, NJ 08816732-249-6750LinkedIn1-10 employeesutilities

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$87.3M

+21.9% from 2019

Total participants

369

+6.3% from 2019

Average account balance

$240,395

+16.2% from 2019

Annual return

16.53%

-10.55 pp from 2019

Benchmarks

See 128 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants250-999

Cohort128 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$138.98M

Not enough data

1 years with asset history on file

Average account balance

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

$249K

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.

558

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.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.34M

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

+18.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$22

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 codes2E2F2G2J3B3D2T3H

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$484

$2 / participant

Investment mgmt$20.4%
Other / not subdivided$48299.6%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: EIDE BAILLY, LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$240,395

$160,088+50.2%

$112,977+112.8%

$73,412+227.5%

Participation rate

97.9%

90.7%+7.2pp

82.6%+15.4pp

72.2%+25.8pp

Annual return

16.53%

17.93%-1.4pp

24.24%-7.7pp

59.30%-42.8pp

Employer contribution / active EE

$9,831

$5,200+89.1%

$4,255+131.1%

$2,234+340.1%

Participant deferral / active EE

$12,334

$8,024+53.7%

$5,836+111.4%

$3,806+224.1%

Admin fee / account holder

$133-99.0%

$6,294-100.0%

$158-99.2%

LS POWER DEVELOPMENT, LLC 401(K) AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LS POWER DEVELOPMENT, LLC 401(K) AND 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