Retirement plan

HOMETOWN COMMUNITY BANCORP, INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUST

Name: HOMETOWN COMMUNITY BANCORP, INC. - HOMETOWN COMMUNITY BANCORP, INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUST (2017) Form 5500
Creator: HOMETOWN COMMUNITY BANCORP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOMETOWN COMMUNITY BANCORP, INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUST, HOMETOWN COMMUNITY BANCORP, INC.

HOMETOWN COMMUNITY BANCORP, INC.EIN 36-4156822Plan #002PY 2017

721 WEST JACKSON STREET - MORTON, IL 61550309-266-5337

Prospect flagsLow returnsHigh cashHigh assets / participant

How to read this page

Total assets (EOY)

$151M

+12.3% from 2016

Total participants

511

+3.4% from 2016

Average account balance

$296,703

+6.5% from 2016

Annual return

13.64%

-0.03 pp from 2016

Benchmarks

See 1,453 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,453 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$200.44M

Not enough data

1 years with asset history on file

Average account balance

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

$277K

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.

724

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.75M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$62

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
TRANSITION FINANCE STRATEGIES, LLC3+ years Filed as: TRANSITION FINANCE SERVICES Service code 15 · EIN 13-4238973 154 HANSEN ROAD · CHARLOTTESVILLE, VA 22911	Recordkeeping	$25,895
CLIFTONLARSONALLEN LLP3+ years Filed as: CLIFTON GUNDERSON LLP Service code 10 · EIN 37-0802863 301 SW ADAMS ST · PEORIA, IL 61656	Accounting	$16,350

Plan features & details

Pension benefit codes2H2P2Q3I

Plan features

2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$43K

$105 / participant

Other / not subdivided$43K100.0%

% of EOY assets

0.028%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$296,703

$81,537+263.9%

$149,721+98.2%

$69,631+326.1%

Participation rate

99.5%

86.1%+13.4pp

87.1%+12.4pp

70.7%+28.8pp

Annual return

13.64%

22.79%-9.1pp

1501.67%-1488.0pp

27571.02%-27557.4pp

Employer contribution / active EE

$6,078

$3,239+87.6%

$5,444+11.6%

$2,032+199.1%

Participant deferral / active EE

$4,994-100.0%

$6,568-100.0%

$3,224-100.0%

Admin fee / account holder

$84

$107-21.3%

$11,282-99.3%

$110-23.8%

Provider

Service type

Compensation

TRANSITION FINANCE STRATEGIES, LLC3+ years

Filed as: TRANSITION FINANCE SERVICES

Service code 15 · EIN 13-4238973

154 HANSEN ROAD · CHARLOTTESVILLE, VA 22911

Recordkeeping

$25,895

CLIFTONLARSONALLEN LLP3+ years

Filed as: CLIFTON GUNDERSON LLP

Service code 10 · EIN 37-0802863

301 SW ADAMS ST · PEORIA, IL 61656

Accounting

$16,350

HOMETOWN COMMUNITY BANCORP, INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOMETOWN COMMUNITY BANCORP, INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUST

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