Retirement plan

SUPPLEMENTAL PENSION AND SAVINGS PLAN FOR EE'S OF OHIO VALLEY ELECTRIC CORP/INDIANA-KENTUCKY ELECTRIC CORP

Name: OHIO VALLEY ELECTRIC CORPORATION - SUPPLEMENTAL PENSION AND SAVINGS PLAN FOR EE'S OF OHIO VALLEY ELECTRIC CORP/INDIANA-KENTUCKY ELECTRIC CORP (2017) Form 5500
Creator: OHIO VALLEY ELECTRIC CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUPPLEMENTAL PENSION AND SAVINGS PLAN FOR EE'S OF OHIO VALLEY ELECTRIC CORP/INDIANA-KENTUCKY ELECTRIC CORP, OHIO VALLEY ELECTRIC CORPORATION

OHIO VALLEY ELECTRIC CORPORATIONEIN 31-4392702Plan #002PY 2017

3932 US ROUTE 23, PO BOX 468 - PIKETON, OH 456610468740-289-7215LinkedIn1-10 employeeselectrical/electronic manufacturing

Other plans on this EIN

1 filing

#001Retirement-$233.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$120.5M

+14.9% from 2016

Total participants

745

-7.1% from 2016

Average account balance

$163,540

+22.9% from 2016

Annual return

15.60%

+8.55 pp from 2016

Benchmarks

See 124 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants250-999

Cohort124 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$149.96M

Not enough data

1 years with asset history on file

Average account balance

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

$236K

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.

635

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+13.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$47

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY INVMTS INSTL OPERATIONS CO Service code 37 · EIN 04-2647786	Loan Processing	$29,621
STRATEGIC ADVISORS, INC.1 year Filed as: STRATEGIC ADVISORS Service code 27 · EIN 04-2654524	Advisory (Plan)	$4,636
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INVST INSTL OPERATIONS CO Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2F2G2J2K2S2T3H

Plan features

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$34K

$52 / participant

Other / not subdivided$34K100.0%

% of EOY assets

0.028%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DELOITTE & TOUCHE LLP
Auditor EIN: 133891517
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$163,540

$138,427+18.1%

$97,995+66.9%

$69,631+134.9%

Participation rate

98.8%

90.0%+8.8pp

82.4%+16.4pp

70.7%+28.1pp

Annual return

15.60%

26.21%-10.6pp

23.94%-8.3pp

27571.02%-27555.4pp

Employer contribution / active EE

$3,065

$4,858-36.9%

$4,158-26.3%

$2,032+50.8%

Participant deferral / active EE

$7,858

$7,165+9.7%

$5,097+54.2%

$3,224+143.8%

Admin fee / account holder

$46

$101-54.0%

$5,943-99.2%

$110-58.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY INVMTS INSTL OPERATIONS CO

Service code 37 · EIN 04-2647786

Loan Processing

$29,621

STRATEGIC ADVISORS, INC.1 year

Filed as: STRATEGIC ADVISORS

Service code 27 · EIN 04-2654524

Advisory (Plan)

$4,636

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INVST INSTL OPERATIONS CO

Service code 60

Sub-TA Fees

SUPPLEMENTAL PENSION AND SAVINGS PLAN FOR EE'S OF OHIO VALLEY ELECTRIC CORP/INDIANA-KENTUCKY ELECTRIC CORP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUPPLEMENTAL PENSION AND SAVINGS PLAN FOR EE'S OF OHIO VALLEY ELECTRIC CORP/INDIANA-KENTUCKY ELECTRIC CORP

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