Retirement plan

NORTHEASTERN PENNSYLVANIA ALLIANCE RETIREMENT PLAN

Name: ECONOMIC DEVELOPMENT COUNCIL OF NORTHEASTERN PENNSYLVANIA - NORTHEASTERN PENNSYLVANIA ALLIANCE RETIREMENT PLAN (2017) Form 5500
Creator: ECONOMIC DEVELOPMENT COUNCIL OF NORTHEASTERN PENNSYLVANIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHEASTERN PENNSYLVANIA ALLIANCE RETIREMENT PLAN, ECONOMIC DEVELOPMENT COUNCIL OF NORTHEASTERN PENNSYLVANIA

ECONOMIC DEVELOPMENT COUNCIL OF NORTHEASTERN PENNSYLVANIAdba NORTHEASTERN PENNSYLVANIA ALLIANCEEIN 23-1652755Plan #001PY 2017

1151 OAK STREET - PITTSTON, PA 18640570-655-5581

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$4.8M

+6.8% from 2016

Total participants

-6.3% from 2016

Average account balance

No prior year

Annual return

5.72%

+8.05 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

$7.87M

Not enough data

1 years with asset history on file

Average account balance

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

$183K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$341K

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

+7.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68284

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$560K

$25455 / participant

Other / not subdivided$560K100.0%

% of EOY assets

11.561%

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

$99,009-100.0%

$86,581-100.0%

$147,585-100.0%

Participation rate

0.0%

76.3%-76.3pp

73.5%-73.5pp

82.8%-82.8pp

Annual return

5.72%

1312.70%-1307.0pp

965.06%-959.3pp

578.58%-572.9pp

Employer contribution / active EE

$5,281

$3,132+68.6%

$2,840+86.0%

$4,876+8.3%

Participant deferral / active EE

$3,390

$3,972-14.7%

$3,609-6.1%

$5,439-37.7%

Admin fee / account holder

$5,709-100.0%

$4,904-100.0%

$10,886-100.0%

NORTHEASTERN PENNSYLVANIA ALLIANCE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHEASTERN PENNSYLVANIA ALLIANCE 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