Retirement plan

ERBA EMPLOYEE'S 401(K) PLAN

Name: EMBARRAS RIVER BASIN AGENCY, INC. - ERBA EMPLOYEE'S 401(K) PLAN (2016) 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 2016

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

Prospect flagsLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$2.3M

-14.7% from 2015

Total participants

150

+11.9% from 2015

Average account balance

$14,033

-25.1% from 2015

Annual return

5.35%

+5.90 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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 2 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS1 year Filed as: CAPITAL BANK AND TRUST Service code 21 12711 N. MERIDIAN STREET · CARMEL, IN 46036	Bank Trustee	$5,780
SIKICH LLP2+ years Service code 10 3201 W. WHITE OAKS DR, SUITE 102 · SPRINGFIELD, IL 62704	Accounting	$5,000

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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$11K

$72 / participant

Investment mgmt$6K53.6%
Other / not subdivided$5K46.4%

% of EOY assets

0.471%

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: SIKICH LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,033

$46,732-70.0%

$156,551-91.0%

$55,167-74.6%

Participation rate

100.0%

65.8%+34.2pp

84.0%+16.0pp

69.0%+31.0pp

Annual return

5.35%

17.72%-12.4pp

32.23%-26.9pp

169.23%-163.9pp

Employer contribution / active EE

$1,560

$2,105-25.9%

$5,501-71.7%

$1,963-20.5%

Participant deferral / active EE

$535

$2,204-75.7%

$4,871-89.0%

$3,054-82.5%

Admin fee / account holder

$66

$418-84.2%

$13,028-99.5%

$504-86.9%

Provider

Service type

Compensation

AMERICAN FUNDS1 year

Filed as: CAPITAL BANK AND TRUST

Service code 21

12711 N. MERIDIAN STREET · CARMEL, IN 46036

Bank Trustee

$5,780

SIKICH LLP2+ years

Service code 10

3201 W. WHITE OAKS DR, SUITE 102 · SPRINGFIELD, IL 62704

Accounting

$5,000

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