Retirement plan

FEDERATED RURAL ELECTRIC ASSOCIATION MONEY PURCHASE PENSION PLAN

Name: FEDERATED RURAL ELECTRIC ASSOCIATION - FEDERATED RURAL ELECTRIC ASSOCIATION MONEY PURCHASE PENSION PLAN (2016) Form 5500
Creator: FEDERATED RURAL ELECTRIC ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FEDERATED RURAL ELECTRIC ASSOCIATION MONEY PURCHASE PENSION PLAN, FEDERATED RURAL ELECTRIC ASSOCIATION

FEDERATED RURAL ELECTRIC ASSOCIATIONEIN 41-0252540Plan #001PY 2016

77100 US HWY 71,, PO BOX 69 - JACKSON, MN 561430069847-966-1000federatedrea.coopLinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$4.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.5M

-10.5% from 2015

Total participants

-6.7% from 2015

Average account balance

$160,211

-4.1% from 2015

Annual return

5.69%

+6.02 pp from 2015

Benchmarks

See 1,255 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,255 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.90M

Not enough data

1 years with asset history on file

Average account balance

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

$226K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$328K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+13.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1418

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 codes2C2F2G2T3D3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

$1.0M

$44158 / participant

Other / not subdivided$1M100.0%

% of EOY assets

22.640%

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

$160,211

$88,583+80.9%

$88,497+81.0%

$273,972-41.5%

Participation rate

100.0%

83.5%+16.5pp

82.4%+17.6pp

83.0%+17.0pp

Annual return

5.69%

5.68%0pp

7.63%-1.9pp

41.46%-35.8pp

Employer contribution / active EE

$8,633

$4,502+91.7%

$4,036+113.9%

$4,869+77.3%

Participant deferral / active EE

$4,891-100.0%

$4,899-100.0%

$5,287-100.0%

Admin fee / account holder

$36,273

$8,980+303.9%

$6,220+483.2%

$10,133+258.0%

FEDERATED RURAL ELECTRIC ASSOCIATION MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FEDERATED RURAL ELECTRIC ASSOCIATION MONEY PURCHASE PENSION 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