Retirement plan

HAMILTON SOUTHEASTERN UTILITIES, INC./SAMCO 401(K) PLAN

Name: HAMILTON SOUTHEASTERN UTILITIES, INC. - HAMILTON SOUTHEASTERN UTILITIES, INC./SAMCO 401(K) PLAN (2017) Form 5500
Creator: HAMILTON SOUTHEASTERN UTILITIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAMILTON SOUTHEASTERN UTILITIES, INC./SAMCO 401(K) PLAN, HAMILTON SOUTHEASTERN UTILITIES, INC.

HAMILTON SOUTHEASTERN UTILITIES, INC.EIN 35-1745244Plan #001PY 2017

11901 LAKESIDE DRIVE - FISHERS, IN 460381316317-577-2300LinkedIn1-10 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.1M

+28.2% from 2016

Total participants

+3.6% from 2016

Average account balance

$58,862

+23.7% from 2016

Annual return

17.09%

-6.28 pp from 2016

Benchmarks

See 538 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort538 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.17M

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.

114

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.

158.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$706K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2802

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

$219K

$3315 / participant

Other / not subdivided$219K100.0%

% of EOY assets

4.323%

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

$58,862

$75,963-22.5%

$97,995-39.9%

$70,126-16.1%

Participation rate

100.0%

77.0%+23.0pp

82.4%+17.6pp

69.5%+30.5pp

Annual return

17.09%

19.26%-2.2pp

23.94%-6.8pp

73.15%-56.1pp

Employer contribution / active EE

$7,135

$3,278+117.6%

$4,158+71.6%

$2,343+204.6%

Participant deferral / active EE

$2,644

$4,053-34.8%

$5,097-48.1%

$3,332-20.6%

Admin fee / account holder

$2,544

$5,407-52.9%

$5,943-57.2%

$4,645-45.2%

HAMILTON SOUTHEASTERN UTILITIES, INC./SAMCO 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HAMILTON SOUTHEASTERN UTILITIES, INC./SAMCO 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