Retirement plan

ISMIE MUTUAL INSURANCE COMPANY 401(K) PLAN

Name: ISMIE MUTUAL INSURANCE COMPANY - ISMIE MUTUAL INSURANCE COMPANY 401(K) PLAN (2016) Form 5500
Creator: ISMIE MUTUAL INSURANCE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ISMIE MUTUAL INSURANCE COMPANY 401(K) PLAN, ISMIE MUTUAL INSURANCE COMPANY

ISMIE MUTUAL INSURANCE COMPANYEIN 36-2883612Plan #001PY 2016

20 NORTH MICHIGAN AVENUE, SUITE 700 - CHICAGO, IL 606024822312-551-2375ismie.comLinkedIn201-500 employeesinsurance

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$77.8M

+4.2% from 2015

Total participants

258

+0.4% from 2015

Average account balance

$301,426

+3.8% from 2015

Annual return

5.26%

+4.24 pp from 2015

Benchmarks

See 2,214 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,214 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$110.53M

Not enough data

1 years with asset history on file

Average account balance

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

$453K

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.

244

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.18M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+9.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$368

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
BLUE CHIP RETIREMENT PLANS, INC.2+ years Filed as: BLUE PRAIRIE GROUP, LLC Service code 16 · EIN 76-0701903	Consulting	$52,434
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Filed as: PRUDENTIAL INVESTMENT MGMT SERVICES Service code 50 · EIN 13-4122960	Direct Payment	$5,360
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Filed as: PRUDENTIAL RETIREMENT INSURANCE Service code 13 · EIN 06-1050034	Contract Administrator	$3,887

Plan features & details

Pension benefit codes2E2F2G2J2R2T3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$58K

$280 / participant

Investment mgmt$39K66.6%
Other / not subdivided$19K33.4%

% of EOY assets

0.075%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ERNST & YOUNG LLP
Auditor EIN: 346565596
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$301,426

$74,089+306.8%

$133,975+125.0%

$55,167+446.4%

Participation rate

100.0%

84.3%+15.7pp

87.1%+12.9pp

69.0%+31.0pp

Annual return

5.26%

12.11%-6.9pp

29.29%-24.0pp

169.23%-164.0pp

Employer contribution / active EE

$11,770

$3,064+284.2%

$5,211+125.9%

$1,963+499.7%

Participant deferral / active EE

$8,204

$4,678+75.4%

$6,282+30.6%

$3,054+168.6%

Admin fee / account holder

$225

$458-50.8%

$9,324-97.6%

$504-55.3%

Provider

Service type

Compensation

BLUE CHIP RETIREMENT PLANS, INC.2+ years

Filed as: BLUE PRAIRIE GROUP, LLC

Service code 16 · EIN 76-0701903

Consulting

$52,434

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Filed as: PRUDENTIAL INVESTMENT MGMT SERVICES

Service code 50 · EIN 13-4122960

Direct Payment

$5,360

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Filed as: PRUDENTIAL RETIREMENT INSURANCE

Service code 13 · EIN 06-1050034

Contract Administrator

$3,887

ISMIE MUTUAL INSURANCE COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ISMIE MUTUAL INSURANCE COMPANY 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