Retirement plan

EASTERN WASHINGTON-NORTHERN IDAHO CARPENTERS 401(K) RETIREMENT PLAN

Name: EASTERN WASHINGTON-NORTHERN IDAHO - EASTERN WASHINGTON-NORTHERN IDAHO CARPENTERS 401(K) RETIREMENT PLAN (2016) Form 5500
Creator: EASTERN WASHINGTON-NORTHERN IDAHO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EASTERN WASHINGTON-NORTHERN IDAHO CARPENTERS 401(K) RETIREMENT PLAN, EASTERN WASHINGTON-NORTHERN IDAHO

EASTERN WASHINGTON-NORTHERN IDAHOEIN 26-0031956Plan #001PY 2016

111 W. CATALDO, SUITE 220 - SPOKANE, WA 99201509-321-0523ewaidsynod.orgLinkedIn1-10 employeesreligious institutions

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$13.6M

+61.6% from 2015

Total participants

3,045

+24.0% from 2015

Average account balance

$4,459

+30.4% from 2015

Annual return

12.23%

+15.20 pp from 2015

Benchmarks

See 388 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants1,000-4,999

Cohort388 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$53.33M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

4,658

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.

67.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$748

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

+13.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$72

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

Top 2 by compensation

Provider	Service type	Compensation
ZENITH AMERICAN SOLUTIONS2+ years Filed as: ZENITH AMERICAN Service code 15 · EIN 52-1590516	Recordkeeping	$123,316
ALERUS FINANCIAL, N.A.2+ years Service code 15 · EIN 45-6062081	Recordkeeping	$92,186

Plan features & details

Pension benefit codes2E2F2G2J2T

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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$216K

$126 / participant

Contract admin$123K57.2%
Other / not subdivided$92K42.8%

% of EOY assets

1.587%

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: ANASTASI, MOORE, & MARTIN PLLC
Auditor EIN: 208149084
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$4,459

$54,392-91.8%

$84,753-94.7%

$63,975-93.0%

Participation rate

100.0%

76.9%+23.1pp

76.6%+23.4pp

71.1%+28.9pp

Annual return

12.23%

611.38%-599.1pp

22.78%-10.6pp

48.65%-36.4pp

Employer contribution / active EE

$1,826

$2,943-37.9%

$3,574-48.9%

$2,182-16.3%

Participant deferral / active EE

$757

$2,593-70.8%

$3,712-79.6%

$3,356-77.4%

Admin fee / account holder

$71

$136-47.9%

$5,333-98.7%

$70+0.5%

Provider

Service type

Compensation

ZENITH AMERICAN SOLUTIONS2+ years

Filed as: ZENITH AMERICAN

Service code 15 · EIN 52-1590516

Recordkeeping

$123,316

ALERUS FINANCIAL, N.A.2+ years

Service code 15 · EIN 45-6062081

Recordkeeping

$92,186

EASTERN WASHINGTON-NORTHERN IDAHO CARPENTERS 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EASTERN WASHINGTON-NORTHERN IDAHO CARPENTERS 401(K) 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