Retirement plan

OREGON COMMUNITY BANK INCENTIVE SAVINGS AND PROFIT SHARING PLAN

Name: OREGON COMMUNITY BAN & TRUST - OREGON COMMUNITY BANK INCENTIVE SAVINGS AND PROFIT SHARING PLAN (2016) Form 5500
Creator: OREGON COMMUNITY BAN & TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OREGON COMMUNITY BANK INCENTIVE SAVINGS AND PROFIT SHARING PLAN, OREGON COMMUNITY BAN & TRUST

OREGON COMMUNITY BAN & TRUSTEIN 39-1229545Plan #002PY 2016

733 NORTH MAIN STREET - OREGON, WI 53575608-835-3168onecommunity.bankLinkedIn201-500 employeesbanking

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.6M

-8.0% from 2015

Total participants

+12.9% from 2015

Average account balance

$49,333

-19.5% from 2015

Annual return

9.00%

+9.66 pp from 2015

Benchmarks

See 7,671 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,671 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.82M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

236

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.

87.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+27.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$233

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 codes2E2F2G2J2T3H3D

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.
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

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

$444K

$15305 / participant

Other / not subdivided$444K100.0%

% of EOY assets

28.115%

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

$49,333

$87,834-43.8%

$133,975-63.2%

$62,881-21.5%

Participation rate

89.7%

83.4%+6.3pp

87.1%+2.6pp

69.3%+20.4pp

Annual return

9.00%

12.05%-3.1pp

29.29%-20.3pp

20.14%-11.1pp

Employer contribution / active EE

$1,523

$3,482-56.3%

$5,211-70.8%

$2,281-33.2%

Participant deferral / active EE

$3,388

$4,812-29.6%

$6,282-46.1%

$3,203+5.8%

Admin fee / account holder

$13,870

$5,372+158.2%

$9,324+48.8%

$4,296+222.9%

OREGON COMMUNITY BANK INCENTIVE SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OREGON COMMUNITY BANK INCENTIVE SAVINGS AND PROFIT SHARING 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