Retirement plan

ST. PAUL CHAPTER, NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION 401(K) PLAN

Name: ST. PAUL CHAPTER, NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION - ST. PAUL CHAPTER, NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION 401(K) PLAN (2019) Form 5500
Creator: ST. PAUL CHAPTER, NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. PAUL CHAPTER, NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION 401(K) PLAN, ST. PAUL CHAPTER, NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION

ST. PAUL CHAPTER, NATIONAL ELECTRICAL CONTRACTORS ASSOCIATIONEIN 41-0730995Plan #003PY 2019

855 VILLAGE CENTER DRIVE #352 - NORTH OAKS, MN 55127651-224-3377LinkedIn1-10 employeesinsurance

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$140K

-71.6% from 2018

Total participants

-33.3% from 2018

Average account balance

$70,121

-57.4% from 2018

Annual return

17.80%

+27.48 pp from 2018

Benchmarks

See 31,989 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,989 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$438K

Not enough data

1 years with asset history on file

Average account balance

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

$219K

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.

200.0%

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

$85K

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

+11.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$112091

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 codes2E2F2G2J3D2T

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.

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

$498K

$249128 / participant

Other / not subdivided$498K100.0%

% of EOY assets

355.282%

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

$70,121

$184,000-61.9%

$162,185-56.8%

$152,909-54.1%

Participation rate

100.0%

88.5%+11.5pp

87.6%+12.4pp

82.5%+17.5pp

Annual return

17.80%

150.80%-133.0pp

115.61%-97.8pp

345.46%-327.7pp

Employer contribution / active EE

$17,731

$6,370+178.3%

$5,613+215.9%

$4,764+272.2%

Participant deferral / active EE

$10,676

$8,033+32.9%

$7,297+46.3%

$5,851+82.4%

Admin fee / account holder

$249,128

$13,124+1798.3%

$10,844+2197.4%

$11,601+2047.5%

ST. PAUL CHAPTER, NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. PAUL CHAPTER, NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION 401(K) 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