Retirement plan

ISMIE MUTUAL INSURANCE COMPANY 401(K) PLAN

Name: ISMIE MUTUAL INSURANCE COMPANY - ISMIE MUTUAL INSURANCE COMPANY 401(K) PLAN (2018) 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 2018

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

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$87.6M

-1.7% from 2017

Total participants

350

+28.7% from 2017

Average account balance

$307,212

-6.2% from 2017

Annual return

-3.05%

-18.28 pp from 2017

Benchmarks

See 1,457 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,457 peers

Snapshot2018

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.4+ years Filed as: BLUE PRAIRIE GROUP, LLC Service code 27 · EIN 76-0701903	Advisory (Plan)	$63,538
PRUDENTIAL RETIREMENT INSURANCE AND1 year Filed as: PRUDENTIAL INVESTMENT MANAGEMENT Service code 33 · EIN 13-4122960	Securities brokerage; Direct payment ...	$9,997
PRUDENTIAL RETIREMENT INSURANCE AND4+ years Filed as: PRUDENTIAL RETIREMENT INSURANCE Service code 13 · EIN 06-1050034	Contract Administrator	$7,205

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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$67K

$237 / participant

Investment mgmt$32K47.5%
Other / not subdivided$35K52.5%

% of EOY assets

0.077%

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

$307,212

$80,005+284.0%

$140,019+119.4%

$55,725+451.3%

Participation rate

77.2%

87.0%-9.8pp

87.5%-10.3pp

70.9%+6.3pp

Annual return

-3.05%

0.46%-3.5pp

651.15%-654.2pp

244.93%-248.0pp

Employer contribution / active EE

$9,106

$3,403+167.6%

$5,605+62.5%

$2,078+338.2%

Participant deferral / active EE

$6,810

$5,264+29.4%

$6,927-1.7%

$3,356+103.0%

Admin fee / account holder

$237

$116+104.6%

$10,705-97.8%

$115+105.5%

Provider

Service type

Compensation

BLUE CHIP RETIREMENT PLANS, INC.4+ years

Filed as: BLUE PRAIRIE GROUP, LLC

Service code 27 · EIN 76-0701903

Advisory (Plan)

$63,538

PRUDENTIAL RETIREMENT INSURANCE AND1 year

Filed as: PRUDENTIAL INVESTMENT MANAGEMENT

Service code 33 · EIN 13-4122960

Securities brokerage; Direct payment ...

$9,997

PRUDENTIAL RETIREMENT INSURANCE AND4+ years

Filed as: PRUDENTIAL RETIREMENT INSURANCE

Service code 13 · EIN 06-1050034

Contract Administrator

$7,205

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