Retirement plan

ILLINOIS LIFE & HEALTH INS GUARANTY ASSN 401K PROFIT SHARIN

Name: ILLINOIS LIFE AND HEALTH INSURAN - ILLINOIS LIFE & HEALTH INS GUARANTY ASSN 401K PROFIT SHARIN (2020) Form 5500
Creator: ILLINOIS LIFE AND HEALTH INSURAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ILLINOIS LIFE & HEALTH INS GUARANTY ASSN 401K PROFIT SHARIN, ILLINOIS LIFE AND HEALTH INSURAN

ILLINOIS LIFE AND HEALTH INSURANEIN 36-3117539Plan #002PY 2020

ARBORETUM LAKES, 901 WARRENVILLE ROAD SUITE 400 - LISLE, IL 60532773-444-4072LinkedIn1-10 employees

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+19.4% from 2019

Total participants

+22.2% from 2019

Average account balance

$109,406

+7.5% from 2019

Annual return

11.02%

-1.40 pp from 2019

Benchmarks

See 32,151 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort32,151 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.86M

Not enough data

1 years with asset history on file

Average account balance

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

$186K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+15.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3032

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 codes2E2F2G2J2T3D

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.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

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

$375

$42 / participant

Other / not subdivided$375100.0%

% of EOY assets

0.034%

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

$109,406

$197,625-44.6%

$177,840-38.5%

$158,966-31.2%

Participation rate

88.9%

88.5%+0.3pp

87.7%+1.2pp

82.0%+6.9pp

Annual return

11.02%

58.76%-47.7pp

48.32%-37.3pp

302.95%-291.9pp

Employer contribution / active EE

$4,061

$6,698-39.4%

$5,919-31.4%

$4,762-14.7%

Participant deferral / active EE

$4,496

$8,405-46.5%

$7,714-41.7%

$5,983-24.9%

Admin fee / account holder

$38

$15,405-99.8%

$12,431-99.7%

$11,250-99.7%

ILLINOIS LIFE & HEALTH INS GUARANTY ASSN 401K PROFIT SHARIN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ILLINOIS LIFE & HEALTH INS GUARANTY ASSN 401K PROFIT SHARIN

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