Retirement plan

CLEARWAVE 401(K) PLAN

Name: DELTA COMMUNICATIONS, LLC DBA CLEARWAVE COMMUNICATIONS - CLEARWAVE 401(K) PLAN (2018) Form 5500
Creator: DELTA COMMUNICATIONS, LLC DBA CLEARWAVE COMMUNICATIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLEARWAVE 401(K) PLAN, DELTA COMMUNICATIONS, LLC DBA CLEARWAVE COMMUNICATIONS

DELTA COMMUNICATIONS, LLC DBA CLEARWAVE COMMUNICATIONSEIN 37-1354355Plan #001PY 2018

2 N. VINE STREET - HARRISBURG, IL 62946618-294-8000

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.7M

-17.6% from 2017

Total participants

100

+11.1% from 2017

Average account balance

$49,890

-17.6% from 2017

Annual return

-5.08%

-21.18 pp from 2017

Benchmarks

See 15,016 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,016 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.61M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

520

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.

92.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$87

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

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 codes2E2F2G2J3D2T

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.1M

$12000 / participant

Other / not subdivided$1M100.0%

% of EOY assets

30.229%

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

$49,890

$57,352-13.0%

$83,831-40.5%

$64,173-22.3%

Participation rate

72.0%

68.6%+3.4pp

76.1%-4.1pp

69.6%+2.5pp

Annual return

-5.08%

11.38%-16.5pp

850.99%-856.1pp

7.63%-12.7pp

Employer contribution / active EE

$2,500

$2,546-1.8%

$3,631-31.1%

$2,381+5.0%

Participant deferral / active EE

$3,391

$2,993+13.3%

$4,082-16.9%

$3,470-2.3%

Admin fee / account holder

$15,081

$4,046+272.7%

$5,479+175.3%

$4,887+208.6%

CLEARWAVE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLEARWAVE 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