Retirement plan

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

Name: CITY LIGHT & POWER, INC. - CITY LIGHT & POWER, INC. UNION 401(K) PLAN (2015) Form 5500
Creator: CITY LIGHT & POWER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CITY LIGHT & POWER, INC. UNION 401(K) PLAN, CITY LIGHT & POWER, INC.

CITY LIGHT & POWER, INC.EIN 33-0766650Plan #002PY 2015

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

Other plans on this EIN

1 filing

#001Retirement-$2.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$939K

No prior year

Total participants

No prior year

Average account balance

$25,390

No prior year

Annual return

2.16%

No prior year

Benchmarks

See 447 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort447 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.22M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

106

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.

141.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.21M

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

+13.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4790

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 codes2E2J2F2G3D2T

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

$26K

$883 / participant

Other / not subdivided$26K100.0%

% of EOY assets

2.726%

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

$25,390

$65,082-61.0%

$81,367-68.8%

$59,633-57.4%

Participation rate

96.6%

76.0%+20.6pp

82.3%+14.3pp

68.7%+27.9pp

Annual return

2.16%

1.16%+1.0pp

-0.92%+3.1pp

2041.45%-2039.3pp

Employer contribution / active EE

$4,972

$2,934+69.5%

$3,930+26.5%

$2,203+125.7%

Participant deferral / active EE

$4,405

$4,083+7.9%

$5,383-18.2%

$3,192+38.0%

Admin fee / account holder

$692

$7,582-90.9%

$8,926-92.2%

$4,297-83.9%

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CITY LIGHT & POWER, INC. UNION 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