Retirement plan

CAPITOL FEDERAL FINANCIAL, INC. PARTNERS IN THRIFT 401K PLAN

Name: CAPITOL FEDERAL FINANCIAL, INC. - CAPITOL FEDERAL FINANCIAL, INC. PARTNERS IN THRIFT 401K PLAN (2016) Form 5500
Creator: CAPITOL FEDERAL FINANCIAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAPITOL FEDERAL FINANCIAL, INC. PARTNERS IN THRIFT 401K PLAN, CAPITOL FEDERAL FINANCIAL, INC.

CAPITOL FEDERAL FINANCIAL, INC.EIN 27-2631712Plan #002PY 2016

PO BOX 3505 - TOPEKA, KS 666013505785-231-6260LinkedIn1-10 employeesinsurance

Other plans on this EIN

1 filing

#003Retirement-$118.4M assets

Prospect flagsLow employer contributionLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$19M

No prior year

Total participants

580

No prior year

Average account balance

$33,502

No prior year

Annual return

8.37%

No prior year

Benchmarks

See 1,433 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,433 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.00M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

764

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

$2.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+21.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$136

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
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290	Contract Administrator	$41,037
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361	Advisory (Plan)	$8,843
HEFFNER, JASON W.1+ years Service code 49 7300 W 110TH ST STE 220 · OVERLAND PARK, KS 662102332	Other Services	$0
UMBARGER II, ROGER K.1+ years Service code 49 1801 NW WESTBROOKE PL · BLUE SPRINGS, MO 640157219	Other Services	$0

Plan features & details

Pension benefit codes2E2G2J2K2S2T3H

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.
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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$50K

$96 / participant

Investment mgmt$9K17.7%
Contract admin$41K82.3%

% of EOY assets

0.262%

all-in expense ratio

Categories reported

2 / 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: SUMMERS, SPENCER & COMPANY, P.A.
Auditor EIN: 481215584
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,502

$71,802-53.3%

$133,975-75.0%

$57,658-41.9%

Participation rate

97.7%

85.5%+12.2pp

87.1%+10.6pp

70.2%+27.5pp

Annual return

8.37%

13.51%-5.1pp

29.29%-20.9pp

5.13%+3.2pp

Employer contribution / active EE

$341

$3,161-89.2%

$5,211-93.5%

$1,974-82.7%

Participant deferral / active EE

$2,441

$4,606-47.0%

$6,282-61.1%

$3,061-20.3%

Admin fee / account holder

$88

$88+0.2%

$9,324-99.1%

$95-7.1%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$41,037

WILSHIRE ASSOCIATES INCORPORATED1+ years

Service code 27 · EIN 95-2755361

Advisory (Plan)

$8,843

HEFFNER, JASON W.1+ years

Service code 49

7300 W 110TH ST STE 220 · OVERLAND PARK, KS 662102332

Other Services

UMBARGER II, ROGER K.1+ years

Service code 49

1801 NW WESTBROOKE PL · BLUE SPRINGS, MO 640157219

Other Services

CAPITOL FEDERAL FINANCIAL, INC. PARTNERS IN THRIFT 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAPITOL FEDERAL FINANCIAL, INC. PARTNERS IN THRIFT 401K 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