Retirement plan

INTREPID GROUP, INC. 401(K) PLAN

Name: INTREPID GROUP, INC. - INTREPID GROUP, INC. 401(K) PLAN (2016) Form 5500
Creator: INTREPID GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTREPID GROUP, INC. 401(K) PLAN, INTREPID GROUP, INC.

INTREPID GROUP, INC.EIN 26-4834060Plan #001PY 2016

P.O. BOX 7129 - HUNTSVILLE, AL 35807256-705-6810

Other plans on this EIN

1 filing

#002Retirement-$9.1M assets

Prospect flagsHigh cashCorrective distributions

How to read this page

Total assets (EOY)

$3.5M

+11.4% from 2015

Total participants

140

+3.7% from 2015

Average account balance

$25,889

+6.5% from 2015

Annual return

11.30%

+7.70 pp from 2015

Benchmarks

See 24,581 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort24,581 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$61.69M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

499

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+23.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$316

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
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO Service code 27 ONE NORTH JEFFERSON · ST LOUIS, MO 63103	Advisory (Plan)	$32,026
EMPLOYEE FIDUCIARY, LLC1 year Service code 15 · EIN 61-1579239 250 STATE STREET · MOBILE, AL 36603	Recordkeeping	$2,553

Plan features & details

Pension benefit codes2E2J2F2G2R3D2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$33K

$356 / participant

Investment mgmt$32K95.8%
Other / not subdivided$1K4.2%

% of EOY assets

0.956%

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: HALL ALBRIGHT GARRISON & BARNES,PC
Auditor EIN: 263659843
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,889

$76,551-66.2%

$123,894-79.1%

$62,881-58.8%

Participation rate

94.7%

73.0%+21.7pp

81.4%+13.3pp

69.3%+25.4pp

Annual return

11.30%

18.68%-7.4pp

47.52%-36.2pp

20.14%-8.8pp

Employer contribution / active EE

$1,623

$2,882-43.7%

$4,617-64.8%

$2,281-28.8%

Participant deferral / active EE

$7,002

$4,840+44.7%

$5,984+17.0%

$3,203+118.6%

Admin fee / account holder

$248

$4,826-94.9%

$8,357-97.0%

$4,296-94.2%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO

Service code 27

ONE NORTH JEFFERSON · ST LOUIS, MO 63103

Advisory (Plan)

$32,026

EMPLOYEE FIDUCIARY, LLC1 year

Service code 15 · EIN 61-1579239

250 STATE STREET · MOBILE, AL 36603

Recordkeeping

$2,553

INTREPID GROUP, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTREPID GROUP, INC. 401(K) 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