Retirement plan

ACCIDENT FUND HOLDINGS, INC. REPRESENTED EMPLOYEES' SAVINGS PLAN

Name: ACCIDENT FUND HOLDINGS, INC. - ACCIDENT FUND HOLDINGS, INC. REPRESENTED EMPLOYEES' SAVINGS PLAN (2019) Form 5500
Creator: ACCIDENT FUND HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCIDENT FUND HOLDINGS, INC. REPRESENTED EMPLOYEES' SAVINGS PLAN, ACCIDENT FUND HOLDINGS, INC.

ACCIDENT FUND HOLDINGS, INC.EIN 38-3207001Plan #002PY 2019

200 N GRAND AVE - LANSING, MI 48933313-225-9000LinkedIn1001-5000 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$18.5M

+29.3% from 2018

Total participants

410

+16.5% from 2018

Average account balance

$50,613

+12.6% from 2018

Annual return

-1.95%

+7.33 pp from 2018

Benchmarks

See 1,467 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,467 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.44M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

444

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$46

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 codes2G2J2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$48K

$120 / participant

Other / not subdivided$48K100.0%

% of EOY assets

0.257%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GEORGE JOHNSON AND COMPANY
Auditor EIN: 382029668
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,613

$88,515-42.8%

$162,185-68.8%

$67,582-25.1%

Participation rate

88.6%

86.8%+1.8pp

87.6%+1.1pp

71.3%+17.4pp

Annual return

-1.95%

27.04%-29.0pp

115.61%-117.6pp

378.57%-380.5pp

Employer contribution / active EE

$6,634

$3,563+86.2%

$5,613+18.2%

$2,148+208.9%

Participant deferral / active EE

$17,819

$5,724+211.3%

$7,297+144.2%

$3,539+403.4%

Admin fee / account holder

$130

$124+5.3%

$10,844-98.8%

$142-8.5%

ACCIDENT FUND HOLDINGS, INC. REPRESENTED EMPLOYEES' SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACCIDENT FUND HOLDINGS, INC. REPRESENTED EMPLOYEES' SAVINGS 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