Retirement plan

GREENE-NIESEN INSURANCE AGENCY INC SAVINGS & RETIREMENT PLAN

Name: GREENE-NIESEN INSURANCE AGENCY INC SAVINGS & RETIREMENT PLAN - GREENE-NIESEN INSURANCE AGENCY INC SAVINGS & RETIREMENT PLAN (2017) Form 5500
Creator: GREENE-NIESEN INSURANCE AGENCY INC SAVINGS & RETIREMENT PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GREENE-NIESEN INSURANCE AGENCY INC SAVINGS & RETIREMENT PLAN, GREENE-NIESEN INSURANCE AGENCY INC SAVINGS & RETIREMENT PLAN

GREENE-NIESEN INSURANCE AGENCY INC SAVINGS & RETIREMENT PLANEIN 39-1779367Plan #001PY 2017

6810 UNIVERSITY AVE - MIDDLETON, WI 535622766608-831-3168greeneniesen.comLinkedIn1-10 employeesinsurance

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$378K

+21.7% from 2016

Total participants

0.0% from 2016

Average account balance

$42,037

+8.2% from 2016

Annual return

12.93%

+4.70 pp from 2016

Benchmarks

See 30,803 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,803 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$840K

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$85K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+10.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$384

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 codes2E2F2G2J3E

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.
3E
One-participant plan combining with another plan
A one-participant plan that satisfies minimum coverage requirements of section 410(b) only when combined with another plan of the employer.

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

$48K

$5970 / participant

Other / not subdivided$48K100.0%

% of EOY assets

12.624%

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

$42,037

$171,865-75.5%

$149,718-71.9%

$147,585-71.5%

Participation rate

100.0%

88.2%+11.8pp

87.1%+12.9pp

82.8%+17.2pp

Annual return

12.93%

2113.29%-2100.4pp

1501.67%-1488.7pp

578.56%-565.6pp

Employer contribution / active EE

$6,275-100.0%

$5,445-100.0%

$4,876-100.0%

Participant deferral / active EE

$9,372

$7,270+28.9%

$6,569+42.7%

$5,439+72.3%

Admin fee / account holder

$5,307

$13,799-61.5%

$11,283-53.0%

$10,885-51.2%

GREENE-NIESEN INSURANCE AGENCY INC SAVINGS & RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GREENE-NIESEN INSURANCE AGENCY INC SAVINGS & 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