Retirement plan

THE CORIX AFFILIATED COMPANIES (US) 401(K) PLAN

Name: CORIX INFRASTRUCTURE (US), INC. - THE CORIX AFFILIATED COMPANIES (US) 401(K) PLAN (2018) Form 5500
Creator: CORIX INFRASTRUCTURE (US), INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CORIX AFFILIATED COMPANIES (US) 401(K) PLAN, CORIX INFRASTRUCTURE (US), INC.

CORIX INFRASTRUCTURE (US), INC.EIN 37-1842397Plan #001PY 2018

11020 WEST PLANK COURT, SUITE 100 - WAUWATOSA, WI 53226414-203-8716

Prospect flagsLow returnsLow assets / participantLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$62.5M

No prior year

Total participants

1,335

No prior year

Average account balance

$50,474

No prior year

Annual return

-9.83%

No prior year

Benchmarks

See 69 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants1,000-4,999

Cohort69 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-98.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 5 by compensation

Provider	Service type	Compensation
LPL FINANCIAL1+ years Filed as: FINANCIAL ADVOCATES INVEST. MGMT Service code 27 1601 COOPER POINT ROAD NW · OLYMPIA, WA 98502	Advisory (Plan)	$82,643
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$17,661
FLEX-PLAN RETIREMENT SERVICES, INC.1+ years Service code 13 P.O. BOX 1650 · ISSAQUAH, WA 98027	Contract Administrator	$9,044
JPMORGAN INVEST HOLDINGS LLC1+ years Service code 64 · EIN 20-1978950	Recordkeeping Fees	$1,475
MUELLER & CO, LLP1+ years Filed as: MUELLER & CO. LLP Service code 10 1707 N RANDALL RD SUITE 200 · ELGIN, IL 60123	Accounting	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$118K

$116 / participant

Contract admin$110K93.3%
Other / not subdivided$8K6.7%

% of EOY assets

0.189%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,474

$144,389-65.0%

$90,782-44.4%

$75,289-33.0%

Participation rate

90.5%

92.2%-1.7pp

82.7%+7.9pp

72.4%+18.1pp

Annual return

-9.83%

0.91%-10.7pp

-3.42%-6.4pp

-0.04%-9.8pp

Employer contribution / active EE

$3,002

$4,529-33.7%

$4,105-26.9%

$2,405+24.8%

Participant deferral / active EE

$3,396

$7,882-56.9%

$5,366-36.7%

$3,739-9.2%

Admin fee / account holder

$95

$102-6.7%

$5,908-98.4%

$102-6.6%

Provider

Service type

Compensation

LPL FINANCIAL1+ years

Filed as: FINANCIAL ADVOCATES INVEST. MGMT

Service code 27

1601 COOPER POINT ROAD NW · OLYMPIA, WA 98502

Advisory (Plan)

$82,643

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: EMPOWER RETIREMENT ADVISORY SERVICE

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$17,661

FLEX-PLAN RETIREMENT SERVICES, INC.1+ years

Service code 13

P.O. BOX 1650 · ISSAQUAH, WA 98027

Contract Administrator

$9,044

JPMORGAN INVEST HOLDINGS LLC1+ years

Service code 64 · EIN 20-1978950

Recordkeeping Fees

$1,475

MUELLER & CO, LLP1+ years

Filed as: MUELLER & CO. LLP

Service code 10

1707 N RANDALL RD SUITE 200 · ELGIN, IL 60123

Accounting

THE CORIX AFFILIATED COMPANIES (US) 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CORIX AFFILIATED COMPANIES (US) 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