Retirement plan

PECO ENERGY COMPANY BENEFICIAL ASSOCIATION 401(K) PROFIT SHARING PLAN AND TRUST

Name: PECO ENERGY COMPANY BENEFICIAL ASSOCIATION - PECO ENERGY COMPANY BENEFICIAL ASSOCIATION 401(K) PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: PECO ENERGY COMPANY BENEFICIAL ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PECO ENERGY COMPANY BENEFICIAL ASSOCIATION 401(K) PROFIT SHARING PLAN AND TRUST, PECO ENERGY COMPANY BENEFICIAL ASSOCIATION

PECO ENERGY COMPANY BENEFICIAL ASSOCIATIONEIN 23-6234715Plan #001PY 2017

201 N. LYNN BLVD. - UPPER DARBY, PA 19082610-734-7926

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.9M

+20.8% from 2016

Total participants

+3.6% from 2016

Average account balance

$102,485

+16.5% from 2016

Annual return

15.92%

+7.70 pp from 2016

Benchmarks

See 1,269 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,269 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.81M

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

70.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$219K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1954

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 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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$41K

$2154 / participant

Other / not subdivided$41K100.0%

% of EOY assets

1.426%

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

$102,485

$96,965+5.7%

$97,995+4.6%

$147,586-30.6%

Participation rate

94.7%

83.6%+11.1pp

82.4%+12.4pp

82.8%+11.9pp

Annual return

15.92%

24.11%-8.2pp

23.94%-8.0pp

578.59%-562.7pp

Employer contribution / active EE

$4,544

$4,536+0.2%

$4,158+9.3%

$4,876-6.8%

Participant deferral / active EE

$3,724

$5,081-26.7%

$5,097-26.9%

$5,439-31.5%

Admin fee / account holder

$1,461

$8,120-82.0%

$5,943-75.4%

$10,886-86.6%

PECO ENERGY COMPANY BENEFICIAL ASSOCIATION 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PECO ENERGY COMPANY BENEFICIAL ASSOCIATION 401(K) PROFIT SHARING PLAN AND TRUST

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