Retirement plan

THE ENERGY ASSOCIATION OF PENNSYLVANIA 401(K) PLAN

Name: THE ENERGY ASSOCIATION OF PENNSYLVANIA - THE ENERGY ASSOCIATION OF PENNSYLVANIA 401(K) PLAN (2018) Form 5500
Creator: THE ENERGY ASSOCIATION OF PENNSYLVANIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ENERGY ASSOCIATION OF PENNSYLVANIA 401(K) PLAN, THE ENERGY ASSOCIATION OF PENNSYLVANIA

THE ENERGY ASSOCIATION OF PENNSYLVANIAEIN 23-1637082Plan #002PY 2018

800 NORTH 3RD STREET, SUITE 205 - HARRISBURG, PA 17102717-901-0600LinkedIn1-10 employees

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$2.1M

-1.2% from 2017

Total participants

-14.3% from 2017

Average account balance

$343,661

+15.3% from 2017

Annual return

-4.73%

-17.24 pp from 2017

Benchmarks

See 1,324 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,324 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.12M

Not enough data

1 years with asset history on file

Average account balance

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

$515K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$197K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+10.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8391

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$96K

$19142 / participant

Other / not subdivided$96K100.0%

% of EOY assets

4.642%

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

$343,661

$90,590+279.4%

$90,782+278.6%

$135,380+153.8%

Participation rate

100.0%

83.7%+16.3pp

82.7%+17.3pp

82.6%+17.4pp

Annual return

-4.73%

-3.40%-1.3pp

-3.42%-1.3pp

519.81%-524.5pp

Employer contribution / active EE

$20,100

$4,352+361.8%

$4,105+389.6%

$4,779+320.6%

Participant deferral / active EE

$13,169

$5,407+143.6%

$5,366+145.4%

$5,609+134.8%

Admin fee / account holder

$15,952

$7,683+107.6%

$5,908+170.0%

$10,828+47.3%

THE ENERGY ASSOCIATION OF PENNSYLVANIA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ENERGY ASSOCIATION OF PENNSYLVANIA 401(K) 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