Retirement plan

EMPLOYEE BENEFIT PLAN OF SOUTHERN CALIFORNIA TRIBAL CHAIRMAN S ASSOCIATION

Name: SOUTHERN CALIFORNIA TRIBAL CHAIRMAN S ASSOCIATION - EMPLOYEE BENEFIT PLAN OF SOUTHERN CALIFORNIA TRIBAL CHAIRMAN S ASSOCIATION (2018) Form 5500
Creator: SOUTHERN CALIFORNIA TRIBAL CHAIRMAN S ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SOUTHERN CALIFORNIA TRIBAL CHAIRMAN S ASSOCIATION, SOUTHERN CALIFORNIA TRIBAL CHAIRMAN S ASSOCIATION

SOUTHERN CALIFORNIA TRIBAL CHAIRMAN S ASSOCIATIONEIN 23-7161267Plan #001PY 2018

PO BOX 1470 - VALLEY CENTER, CA 920821470760-742-8600LinkedIn51-200 employeeselectrical/electronic manufacturing

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$5.5M

+13.5% from 2017

Total participants

109

+3.8% from 2017

Average account balance

$60,252

+13.5% from 2017

Annual return

7.27%

-7.58 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.85M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

124

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.

121.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$759K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7018

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 codes2F2S2T3D

Plan features

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).
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$184K

$2422 / participant

Other / not subdivided$184K100.0%

% of EOY assets

3.357%

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

$60,252

$75,962-20.7%

$154,108-60.9%

$64,173-6.1%

Participation rate

76.3%

70.4%+5.9pp

83.0%-6.7pp

69.6%+6.7pp

Annual return

7.27%

30.32%-23.0pp

735.21%-727.9pp

7.63%-0.4pp

Employer contribution / active EE

$2,616

$3,350-21.9%

$5,298-50.6%

$2,381+9.9%

Participant deferral / active EE

$3,455

$3,175+8.8%

$5,081-32.0%

$3,470-0.4%

Admin fee / account holder

$2,023

$5,589-63.8%

$13,411-84.9%

$4,887-58.6%

EMPLOYEE BENEFIT PLAN OF SOUTHERN CALIFORNIA TRIBAL CHAIRMAN S ASSOCIATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SOUTHERN CALIFORNIA TRIBAL CHAIRMAN S ASSOCIATION

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