Retirement plan

SCHRIMMER-CAVANAGH INSURANCE A 401 K PROFIT SHARING PLAN TRUST

Name: SCHRIMMER-CAVANAGH INSURANCE A - SCHRIMMER-CAVANAGH INSURANCE A 401 K PROFIT SHARING PLAN TRUST (2016) Form 5500
Creator: SCHRIMMER-CAVANAGH INSURANCE A
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHRIMMER-CAVANAGH INSURANCE A 401 K PROFIT SHARING PLAN TRUST, SCHRIMMER-CAVANAGH INSURANCE A

SCHRIMMER-CAVANAGH INSURANCE AEIN 33-0514791Plan #001PY 2016

601-A LUNAR AVE - BREA, CA 92821714-256-9600LinkedIn1-10 employeesinsurance

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$812K

-8.4% from 2015

Total participants

+16.7% from 2015

Average account balance

$135,412

-8.4% from 2015

Annual return

8.21%

+7.76 pp from 2015

Benchmarks

See 30,342 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,342 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.32M

Not enough data

1 years with asset history on file

Average account balance

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

$387K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

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

+18.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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 codes2E2F2G2J2T3D

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.
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

1 tripped

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

$208K

$34693 / participant

Other / not subdivided$208K100.0%

% of EOY assets

25.621%

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

$135,412

$153,769-11.9%

$133,975+1.1%

$273,972-50.6%

Participation rate

83.3%

88.4%-5.0pp

87.1%-3.7pp

83.0%+0.3pp

Annual return

8.21%

36.51%-28.3pp

29.29%-21.1pp

41.46%-33.2pp

Employer contribution / active EE

$2,839

$6,029-52.9%

$5,211-45.5%

$4,869-41.7%

Participant deferral / active EE

$7,269

$6,958+4.5%

$6,282+15.7%

$5,287+37.5%

Admin fee / account holder

$34,693

$11,765+194.9%

$9,324+272.1%

$10,133+242.4%

SCHRIMMER-CAVANAGH INSURANCE A 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHRIMMER-CAVANAGH INSURANCE A 401 K PROFIT SHARING PLAN TRUST

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