Retirement plan

ONEBEACON 401(K) SAVINGS AND EMPLOYEE STOCK OWNERSHIP PLAN

Name: ONEBEACON SERVICES, LLC - ONEBEACON 401(K) SAVINGS AND EMPLOYEE STOCK OWNERSHIP PLAN (2015) Form 5500
Creator: ONEBEACON SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ONEBEACON 401(K) SAVINGS AND EMPLOYEE STOCK OWNERSHIP PLAN, ONEBEACON SERVICES, LLC

ONEBEACON SERVICES, LLCEIN 26-3300555Plan #002PY 2015

605 NORTH HIGHWAY 169, SUITE 800 - PLYMOUTH, MN 55441952-852-0480

Other plans on this EIN

1 filing

#001Retirement-$139.8M assets

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$540.8M

-12.8% from 2016

Total participants

3,441

+4.5% from 2016

Average account balance

$158,694

-16.4% from 2016

Annual return

-1.00%

-20.54 pp from 2016

Benchmarks

See 487 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort487 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$838.14M

Not enough data

1 years with asset history on file

Average account balance

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

$267K

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.

3,141

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.

94.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+12.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$145

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 4 by compensation

Provider	Service type	Compensation
PROSPECTOR PARTNERS1+ years Filed as: PROSPECTOR PARTNERS, LLC Service code 28 · EIN 06-1479651	Investment Management	$402,564
THE VANGUARD GROUP, INC.1+ years Service code 15 · EIN 23-1945930	Recordkeeping	$216,383
THE BANK OF NEW YORK MELLON1+ years Filed as: BNY MELLON Service code 19 · EIN 04-2596603	Securities Custodian	$42,285
CROWE LLP1+ years Filed as: CROWE HORWATH LLP Service code 10 · EIN 35-0921680	Accounting	$42,200

Plan features & details

Pension benefit codes2E2F2H2J2K2O2S2T3H

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$703K

$566 / participant

Investment mgmt$403K57.2%
Other / not subdivided$301K42.8%

% of EOY assets

0.130%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CROWE HORWATH LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$158,694

$75,760+109.5%

$123,105+28.9%

$59,188+168.1%

Participation rate

97.3%

86.0%+11.3pp

86.8%+10.6pp

69.4%+27.9pp

Annual return

-1.00%

2.93%-3.9pp

13.22%-14.2pp

5.51%-6.5pp

Employer contribution / active EE

$7,625

$3,415+123.3%

$5,151+48.0%

$2,098+263.5%

Participant deferral / active EE

$10,193

$5,000+103.9%

$6,229+63.6%

$3,265+212.2%

Admin fee / account holder

$206

$61+239.8%

$9,014-97.7%

$92+123.8%

Provider

Service type

Compensation

PROSPECTOR PARTNERS1+ years

Filed as: PROSPECTOR PARTNERS, LLC

Service code 28 · EIN 06-1479651

Investment Management

$402,564

THE VANGUARD GROUP, INC.1+ years

Service code 15 · EIN 23-1945930

Recordkeeping

$216,383

THE BANK OF NEW YORK MELLON1+ years

Filed as: BNY MELLON

Service code 19 · EIN 04-2596603

Securities Custodian

$42,285

CROWE LLP1+ years

Filed as: CROWE HORWATH LLP

Service code 10 · EIN 35-0921680

Accounting

$42,200

ONEBEACON 401(K) SAVINGS AND EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ONEBEACON 401(K) SAVINGS AND EMPLOYEE STOCK OWNERSHIP 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