Retirement plan

FEDERATED RURAL ELECTRIC ASSOCIATION MONEY PURCHASE PENSION PLAN

Name: FEDERATED RURAL ELECTRIC ASSOCIATION - FEDERATED RURAL ELECTRIC ASSOCIATION MONEY PURCHASE PENSION PLAN (2017) 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 2017

77100 US HWY 71,, PO BOX 69 - JACKSON, MN 561430069507-847-3520federatedrea.coopLinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$5.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.2M

+15.1% from 2016

Total participants

+14.3% from 2016

Average account balance

$161,304

+0.7% from 2016

Annual return

14.01%

+8.32 pp from 2016

Benchmarks

See 538 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort538 peers

Snapshot2017

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

$222K

$8549 / participant

Other / not subdivided$222K100.0%

% of EOY assets

4.306%

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

$161,304

$75,963+112.3%

$97,995+64.6%

$70,126+130.0%

Participation rate

100.0%

77.0%+23.0pp

82.4%+17.6pp

69.5%+30.5pp

Annual return

14.01%

19.26%-5.3pp

23.94%-9.9pp

73.15%-59.1pp

Employer contribution / active EE

$10,178

$3,278+210.5%

$4,158+144.8%

$2,343+334.5%

Participant deferral / active EE

$4,053-100.0%

$5,097-100.0%

$3,332-100.0%

Admin fee / account holder

$6,946

$5,407+28.5%

$5,943+16.9%

$4,645+49.5%

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