Retirement plan

CARROLL COUNTY BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: CARROLL COUNTY BANCSHARES, INC. - CARROLL COUNTY BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2015) Form 5500
Creator: CARROLL COUNTY BANCSHARES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARROLL COUNTY BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN, CARROLL COUNTY BANCSHARES, INC.

CARROLL COUNTY BANCSHARES, INC.EIN 42-1113591Plan #001PY 2015

126 WEST 6TH STREET - CARROLL, IA 51401712-792-3567carrollia.comLinkedIn1-10 employeesbanking

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$19.2M

No prior year

Total participants

145

No prior year

Average account balance

$136,130

No prior year

Annual return

7.53%

No prior year

Benchmarks

See 2,156 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,156 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.62M

Not enough data

1 years with asset history on file

Average account balance

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

$133K

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.

275

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.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.08M

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

+7.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$220

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 28 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Investment Management	$37,084
NEWPORT GROUP, INC.1+ years Filed as: KIDDER BENEFITS CONSULTANTS, INC. Service code 16 5700 WESTOWN PARKWAY · WEST DES MOINES, IA 50266	Consulting	$210
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL, LLC Service code 52 4707 EXECUTIVE DR · SAN DIEGO, CA 92121	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2F2H2I2J2K2O3H2E3I

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2I
Stock bonus
Stock bonus plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$136,130

$70,667+92.6%

$123,106+10.6%

$52,331+160.1%

Participation rate

96.3%

83.7%+12.6pp

86.8%+9.6pp

68.1%+28.2pp

Annual return

7.53%

6.23%+1.3pp

13.22%-5.7pp

4.54%+3.0pp

Employer contribution / active EE

$3,158

$2,946+7.2%

$5,151-38.7%

$1,882+67.8%

Participant deferral / active EE

$5,017

$4,493+11.7%

$6,229-19.5%

$3,022+66.0%

Admin fee / account holder

$506-100.0%

$9,015-100.0%

$592-100.0%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 28

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Investment Management

$37,084

NEWPORT GROUP, INC.1+ years

Filed as: KIDDER BENEFITS CONSULTANTS, INC.

Service code 16

5700 WESTOWN PARKWAY · WEST DES MOINES, IA 50266

Consulting

$210

LPL FINANCIAL1+ years

Filed as: LPL FINANCIAL, LLC

Service code 52

4707 EXECUTIVE DR · SAN DIEGO, CA 92121

Indirect Investment Fees

CARROLL COUNTY BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CARROLL COUNTY BANCSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion