Retirement plan

CWA LOCAL 1036 401(K) PLAN

Name: COMMUNICATIONS WORKERS OF AMERICA LOCAL 1036 - CWA LOCAL 1036 401(K) PLAN (2017) Form 5500
Creator: COMMUNICATIONS WORKERS OF AMERICA LOCAL 1036
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CWA LOCAL 1036 401(K) PLAN, COMMUNICATIONS WORKERS OF AMERICA LOCAL 1036

COMMUNICATIONS WORKERS OF AMERICA LOCAL 1036EIN 27-1370719Plan #002PY 2017

1 LOWER FERRY ROAD - WEST TRENTON, NJ 086283336609-530-0060LinkedIn1-10 employeeslegal services

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$3.2M

-6.3% from 2016

Total participants

+23.8% from 2016

Average account balance

$175,816

-1.1% from 2016

Annual return

14.78%

+8.39 pp from 2016

Benchmarks

See 32,058 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,058 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.81M

Not enough data

1 years with asset history on file

Average account balance

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

$272K

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.

93.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$148K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1581

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 codes2E2F2G2J3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$873K

$45938 / participant

Other / not subdivided$873K100.0%

% of EOY assets

27.580%

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

$175,816

$99,011+77.6%

$86,582+103.1%

$147,586+19.1%

Participation rate

57.9%

76.3%-18.4pp

73.5%-15.7pp

82.8%-24.9pp

Annual return

14.78%

1312.75%-1298.0pp

965.08%-950.3pp

578.59%-563.8pp

Employer contribution / active EE

$5,878

$3,132+87.7%

$2,839+107.0%

$4,876+20.5%

Participant deferral / active EE

$2,527

$3,972-36.4%

$3,609-30.0%

$5,439-53.5%

Admin fee / account holder

$48,491

$5,709+749.4%

$4,904+888.8%

$10,886+345.4%

CWA LOCAL 1036 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CWA LOCAL 1036 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