Retirement plan

CITY LIGHT & POWER, INC. 401(K) PROFIT SHARING PLAN

Name: CITY LIGHT & POWER, INC. - CITY LIGHT & POWER, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: CITY LIGHT & POWER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CITY LIGHT & POWER, INC. 401(K) PROFIT SHARING PLAN, CITY LIGHT & POWER, INC.

CITY LIGHT & POWER, INC.EIN 33-0766650Plan #001PY 2020

6312 S FIDDLERS GREEN CIR, STE 200E - GREENWOOD VILLAGE, CO 80111720-305-0400clpinc.comLinkedIn201-500 employeesutilities

Other plans on this EIN

1 filing

#002Retirement-$4.9M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.6M

+25.6% from 2019

Total participants

135

+11.6% from 2019

Average account balance

$63,871

+12.6% from 2019

Annual return

14.79%

-11.67 pp from 2019

Benchmarks

See 172 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants100-249

Cohort172 peers

Snapshot2020

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$16.78M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

188

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+17.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$278

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 4 by compensation

Provider	Service type	Compensation
ALPHA CAPITAL MANAGEMENT GROUP LLC2 years Service code 27 6465 GREENWOOD PLAZA BLVD · CENTENNIAL, CO 80111	Advisory (Plan)	$17,534
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$14,225
GOLDLEAF PARTNERS2 years Filed as: GOLDLEAF PARTNERS SERVICES Service code 13 PO BOX 55757 · BOSTON, MA 02205	Contract Administrator	$8,574
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$803

Plan features & details

Pension benefit codes2A2E2J2F2G3D2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$34K

$324 / participant

Contract admin$34K100.0%

% of EOY assets

0.398%

all-in expense ratio

Categories reported

1 / 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: WATSON COON RYAN, LLC
Auditor EIN: 823543701
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

$63,871

$118,971-46.3%

$112,977-43.5%

$73,488-13.1%

Participation rate

100.0%

83.3%+16.7pp

82.6%+17.4pp

70.7%+29.3pp

Annual return

14.79%

17.79%-3.0pp

24.24%-9.5pp

28.51%-13.7pp

Employer contribution / active EE

$6,011

$4,091+47.0%

$4,255+41.3%

$2,270+164.8%

Participant deferral / active EE

$7,017

$6,133+14.4%

$5,836+20.2%

$3,740+87.7%

Admin fee / account holder

$254

$573-55.6%

$6,294-96.0%

$513-50.4%

Provider

Service type

Compensation

ALPHA CAPITAL MANAGEMENT GROUP LLC2 years

Service code 27

6465 GREENWOOD PLAZA BLVD · CENTENNIAL, CO 80111

Advisory (Plan)

$17,534

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$14,225

GOLDLEAF PARTNERS2 years

Filed as: GOLDLEAF PARTNERS SERVICES

Service code 13

PO BOX 55757 · BOSTON, MA 02205

Contract Administrator

$8,574

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: ADVISED ASSETS GROUP

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$803

CITY LIGHT & POWER, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CITY LIGHT & POWER, INC. 401(K) PROFIT SHARING 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