Retirement plan

ERBA EMPLOYEE'S 401(K) PLAN

Name: EMBARRAS RIVER BASIN AGENCY, INC. - ERBA EMPLOYEE'S 401(K) PLAN (2024) Form 5500
Creator: EMBARRAS RIVER BASIN AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ERBA EMPLOYEE'S 401(K) PLAN, EMBARRAS RIVER BASIN AGENCY, INC.

EMBARRAS RIVER BASIN AGENCY, INC.EIN 37-0890281Plan #002PY 2024

400 WEST PLEASANT STREET - GREENUP, IL 62428217-923-3113erbainc.orgLinkedIn51-200 employeescivic & social organization

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.6M

+14.2% from 2023

Total participants

174

+6.7% from 2023

Average account balance

$27,517

+10.8% from 2023

Annual return

13.35%

-2.53 pp from 2023

Benchmarks

See 6,019 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,019 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.62M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

168

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$521K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$276

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
SHOWME PENSION GROUP3 years Service code 10 14701 E. 42ND STREET SOUTH · INDEPENDENCE, MO 64055	Accounting	$15,085
SIKICH LLP1 year Filed as: SIKICH CPA LLC Service code 10 · EIN 54-1172176	Accounting	$13,300
AMERICAN FUNDS8 years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO. Service code 21 12711 N. MERIDIAN STREET · CARMEL, IN 46036	Bank Trustee	$0

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$46K

$340 / participant

Recordkeeping$18K38.6%
Other / not subdivided$28K61.4%

% of EOY assets

1.001%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SIKICH CPA LLC
Auditor EIN: 541172176
Audit fees: $13,300
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,517

$55,472-50.4%

$155,567-82.3%

$74,546-63.1%

Participation rate

95.6%

61.9%+33.7pp

78.2%+17.4pp

67.2%+28.4pp

Annual return

13.35%

268.72%-255.4pp

64.74%-51.4pp

1366.03%-1352.7pp

Employer contribution / active EE

$2,842

$2,269+25.3%

$4,674-39.2%

$2,624+8.3%

Participant deferral / active EE

$989

$2,838-65.2%

$5,628-82.4%

$4,347-77.3%

Admin fee / account holder

$276

$1,743-84.2%

$15,916-98.3%

$1,944-85.8%

Provider

Service type

Compensation

SHOWME PENSION GROUP3 years

Service code 10

14701 E. 42ND STREET SOUTH · INDEPENDENCE, MO 64055

Accounting

$15,085

SIKICH LLP1 year

Filed as: SIKICH CPA LLC

Service code 10 · EIN 54-1172176

Accounting

$13,300

AMERICAN FUNDS8 years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO.

Service code 21

12711 N. MERIDIAN STREET · CARMEL, IN 46036

Bank Trustee

ERBA EMPLOYEE'S 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ERBA EMPLOYEE'S 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