Retirement plan

HOMETOWN INSURANCE GROUP, INC. 401(K) PROFIT SHARING PLAN

Name: HOMETOWN INSURANCE GROUP, INC. - HOMETOWN INSURANCE GROUP, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: HOMETOWN INSURANCE GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOMETOWN INSURANCE GROUP, INC. 401(K) PROFIT SHARING PLAN, HOMETOWN INSURANCE GROUP, INC.

HOMETOWN INSURANCE GROUP, INC.EIN 39-1961899Plan #001PY 2016

107 W MAIN ST - LITTLE CHUTE, WI 54140920-756-5333

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$758K

+21.8% from 2015

Total participants

0.0% from 2015

Average account balance

$108,278

+21.8% from 2015

Annual return

7.35%

+9.68 pp from 2015

Benchmarks

See 30,342 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,342 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.56M

Not enough data

1 years with asset history on file

Average account balance

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

$320K

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

$166K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+11.54%

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 codes2E2F2G2T3D

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.
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.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$941

$105 / participant

Other / not subdivided$941100.0%

% of EOY assets

0.124%

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

$108,278

$153,769-29.6%

$133,975-19.2%

$273,972-60.5%

Participation rate

77.8%

88.4%-10.6pp

87.1%-9.3pp

83.0%-5.2pp

Annual return

7.35%

36.51%-29.2pp

29.29%-21.9pp

41.46%-34.1pp

Employer contribution / active EE

$1,839

$6,029-69.5%

$5,211-64.7%

$4,869-62.2%

Participant deferral / active EE

$8,179

$6,958+17.5%

$6,282+30.2%

$5,287+54.7%

Admin fee / account holder

$134

$11,765-98.9%

$9,324-98.6%

$10,133-98.7%

HOMETOWN INSURANCE GROUP, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOMETOWN INSURANCE GROUP, INC. 401(K) 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