Retirement plan

ALTERNATIVE RISK UNDERWRITING 401K PROFIT SHARING PLAN

Name: ALTERNATIVE RISK UNDERWRITING - ALTERNATIVE RISK UNDERWRITING 401K PROFIT SHARING PLAN (2020) Form 5500
Creator: ALTERNATIVE RISK UNDERWRITING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALTERNATIVE RISK UNDERWRITING 401K PROFIT SHARING PLAN, ALTERNATIVE RISK UNDERWRITING

ALTERNATIVE RISK UNDERWRITINGEIN 26-2443663Plan #001PY 2020

1834 WALDEN OFFICE SQUARE, SUITE 550 - SCHAUMBURG, IL 60173847-577-4187arucaptiveinsurance.comLinkedIn11-50 employeesinsurance

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$3.4M

+28.1% from 2019

Total participants

+6.3% from 2019

Average account balance

$212,596

+28.1% from 2019

Annual return

17.95%

+1.72 pp from 2019

Benchmarks

See 32,157 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort32,157 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.02M

Not enough data

1 years with asset history on file

Average account balance

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

$234K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$547K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+15.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3736

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 codes2E2G2J3D

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.
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

1 tripped

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

$3K

$269 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.103%

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

$212,596

$197,603+7.6%

$177,827+19.6%

$158,950+33.7%

Participation rate

92.3%

88.5%+3.8pp

87.7%+4.6pp

82.0%+10.3pp

Annual return

17.95%

58.76%-40.8pp

48.32%-30.4pp

302.91%-285.0pp

Employer contribution / active EE

$9,801

$6,698+46.3%

$5,918+65.6%

$4,762+105.8%

Participant deferral / active EE

$10,942

$8,404+30.2%

$7,713+41.9%

$5,983+82.9%

Admin fee / account holder

$219

$15,402-98.6%

$12,429-98.2%

$11,248-98.1%

ALTERNATIVE RISK UNDERWRITING 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALTERNATIVE RISK UNDERWRITING 401K PROFIT SHARING 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