Retirement plan

ISMIE MUTUAL INSURANCE COMPANY 401(K) PLAN

Name: ISMIE MUTUAL INSURANCE COMPANY - ISMIE MUTUAL INSURANCE COMPANY 401(K) PLAN (2019) 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 2019

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)

$100.7M

+15.0% from 2018

Total participants

277

-20.9% from 2018

Average account balance

$363,485

+18.3% from 2018

Annual return

18.34%

+21.39 pp from 2018

Benchmarks

See 2,202 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,202 peers

Snapshot2019

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 5 by compensation

Provider	Service type	Compensation
CERITY PARTNERS1 year Service code 27 · EIN 27-1180831	Advisory (Plan)	$16,578
HPM PARTNERS1 year Service code 16 · EIN 35-2467663	Consulting	$16,551
BLUE CHIP RETIREMENT PLANS, INC.5+ years Filed as: BLUE PRAIRIE GROUP, LLC Service code 27 · EIN 76-0701903	Advisory (Plan)	$12,364
PRUDENTIAL RETIREMENT INSURANCE AND5+ years Filed as: PRUDENTIAL RETIREMENT INSURANCE Service code 13 · EIN 06-1050034	Contract Administrator	$9,346
PRUDENTIAL RETIREMENT INSURANCE AND2 years Filed as: PRUDENTIAL INVESTMENT MANAGEMENT Service code 33 · EIN 13-4122960	Securities brokerage; Direct payment ...	$6,197

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

$55K

$254 / participant

Investment mgmt$29K53.0%
Other / not subdivided$26K47.0%

% of EOY assets

0.054%

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

$363,485

$98,982+267.2%

$162,171+124.1%

$65,185+457.6%

Participation rate

100.0%

85.8%+14.2pp

87.6%+12.4pp

70.2%+29.8pp

Annual return

18.34%

24.84%-6.5pp

115.60%-97.3pp

29.38%-11.0pp

Employer contribution / active EE

$12,828

$3,467+270.0%

$5,613+128.5%

$2,177+489.3%

Participant deferral / active EE

$9,302

$5,384+72.8%

$7,297+27.5%

$3,514+164.7%

Admin fee / account holder

$197

$596-66.9%

$10,843-98.2%

$847-76.7%

Provider

Service type

Compensation

CERITY PARTNERS1 year

Service code 27 · EIN 27-1180831

Advisory (Plan)

$16,578

HPM PARTNERS1 year

Service code 16 · EIN 35-2467663

Consulting

$16,551

BLUE CHIP RETIREMENT PLANS, INC.5+ years

Filed as: BLUE PRAIRIE GROUP, LLC

Service code 27 · EIN 76-0701903

Advisory (Plan)

$12,364

PRUDENTIAL RETIREMENT INSURANCE AND5+ years

Filed as: PRUDENTIAL RETIREMENT INSURANCE

Service code 13 · EIN 06-1050034

Contract Administrator

$9,346

PRUDENTIAL RETIREMENT INSURANCE AND2 years

Filed as: PRUDENTIAL INVESTMENT MANAGEMENT

Service code 33 · EIN 13-4122960

Securities brokerage; Direct payment ...

$6,197

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