Retirement plan

ISMIE MUTUAL INSURANCE COMPANY 401(K) PLAN

Name: ISMIE MUTUAL INSURANCE COMPANY - ISMIE MUTUAL INSURANCE COMPANY 401(K) PLAN (2020) 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 2020

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)

$111.7M

+10.9% from 2019

Total participants

280

+1.1% from 2019

Average account balance

$398,949

+9.8% from 2019

Annual return

13.15%

-5.19 pp from 2019

Benchmarks

See 2,211 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,211 peers

Snapshot2020

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 2 by compensation

Provider	Service type	Compensation
HPM PARTNERS2 years Service code 27 · EIN 35-2467663	Advisory (Plan)	$66,676
PRUDENTIAL RETIREMENT INSURANCE AND6+ years Filed as: PRUDENTIAL RETIREMENT INSURANCE Service code 13 · EIN 06-1050034	Contract Administrator	$7,471

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

$76K

$348 / participant

Investment mgmt$67K88.2%
Other / not subdivided$9K11.8%

% of EOY assets

0.068%

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

$398,949

$136,307+192.7%

$177,840+124.3%

$73,493+442.8%

Participation rate

100.0%

86.1%+13.9pp

87.7%+12.3pp

70.7%+29.3pp

Annual return

13.15%

18.68%-5.5pp

48.32%-35.2pp

28.51%-15.4pp

Employer contribution / active EE

$7,587

$3,712+104.4%

$5,919+28.2%

$2,270+234.2%

Participant deferral / active EE

$9,907

$5,829+70.0%

$7,714+28.4%

$3,740+164.9%

Admin fee / account holder

$270

$596-54.7%

$12,431-97.8%

$513-47.4%

Provider

Service type

Compensation

HPM PARTNERS2 years

Service code 27 · EIN 35-2467663

Advisory (Plan)

$66,676

PRUDENTIAL RETIREMENT INSURANCE AND6+ years

Filed as: PRUDENTIAL RETIREMENT INSURANCE

Service code 13 · EIN 06-1050034

Contract Administrator

$7,471

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