Retirement plan

KENT COUNTY OFFICE OF THE DEFENDER TSA RETIREMENT PLAN

Name: KENT COUNTY OFFICE OF THE DEFENDER - KENT COUNTY OFFICE OF THE DEFENDER TSA RETIREMENT PLAN (2017) Form 5500
Creator: KENT COUNTY OFFICE OF THE DEFENDER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KENT COUNTY OFFICE OF THE DEFENDER TSA RETIREMENT PLAN, KENT COUNTY OFFICE OF THE DEFENDER

KENT COUNTY OFFICE OF THE DEFENDEREIN 38-1568260Plan #001PY 2017

146 MONROE CENTER STREET NW, SUITE 920, MCKAY TOWER - GRAND RAPIDS, MI 49503616-774-8181kcod.orgLinkedIn11-50 employees

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$1.9M

+15.1% from 2016

Total participants

+5.9% from 2016

Average account balance

$108,015

-4.1% from 2016

Annual return

12.97%

+3.09 pp from 2016

Benchmarks

See 114,325 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,325 peers

Snapshot2017

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

-0.32%

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

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 codes2F2G2L2R2T

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$68K

$4015 / participant

Other / not subdivided$68K100.0%

% of EOY assets

3.511%

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

$108,015

$150,446-28.2%

$136,297-20.8%

$147,585-26.8%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

12.97%

1049.14%-1036.2pp

5156.19%-5143.2pp

578.58%-565.6pp

Employer contribution / active EE

$3,828

$5,256-27.2%

$4,696-18.5%

$4,876-21.5%

Participant deferral / active EE

$1,368

$6,631-79.4%

$6,247-78.1%

$5,439-74.8%

Admin fee / account holder

$3,792

$10,906-65.2%

$9,244-59.0%

$10,886-65.2%

KENT COUNTY OFFICE OF THE DEFENDER TSA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KENT COUNTY OFFICE OF THE DEFENDER TSA RETIREMENT 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