Retirement plan

EMPLOYEES MPP PLAN OF THE HOUSING AUTHORITY OF KOKOMO IN

Name: HOUSING AUTHORITY OF THE CITY OF - EMPLOYEES MPP PLAN OF THE HOUSING AUTHORITY OF KOKOMO IN (2018) Form 5500
Creator: HOUSING AUTHORITY OF THE CITY OF
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEES MPP PLAN OF THE HOUSING AUTHORITY OF KOKOMO IN, HOUSING AUTHORITY OF THE CITY OF

HOUSING AUTHORITY OF THE CITY OFEIN 35-6001610Plan #001PY 2018

210 E TAYLOR ST, PO BOX 1207 - KOKOMO, IN 46903765-459-3162

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.5M

-7.8% from 2017

Total participants

+10.3% from 2017

Average account balance

$36,569

-18.8% from 2017

Annual return

-6.77%

-18.81 pp from 2017

Benchmarks

See 8,161 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,161 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.92M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

139.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$106K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4373

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 codes2C2G2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$149K

$4021 / participant

Other / not subdivided$149K100.0%

% of EOY assets

9.686%

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

$36,569

$49,177-25.6%

$79,467-54.0%

$64,173-43.0%

Participation rate

97.3%

65.0%+32.3pp

73.3%+24.0pp

69.6%+27.7pp

Annual return

-6.77%

-1.16%-5.6pp

718.30%-725.1pp

7.63%-14.4pp

Employer contribution / active EE

$3,524

$2,076+69.7%

$2,800+25.8%

$2,381+48.0%

Participant deferral / active EE

$2,821-100.0%

$3,704-100.0%

$3,470-100.0%

Admin fee / account holder

$3,542

$3,839-7.7%

$5,104-30.6%

$4,887-27.5%

EMPLOYEES MPP PLAN OF THE HOUSING AUTHORITY OF KOKOMO IN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEES MPP PLAN OF THE HOUSING AUTHORITY OF KOKOMO IN

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