Retirement plan

LINCOLN COUNTY BANCORP, INC. PROFIT SHARING PLAN

Name: LINCOLN COUNTY BANCORP, INC. - LINCOLN COUNTY BANCORP, INC. PROFIT SHARING PLAN (2017) Form 5500
Creator: LINCOLN COUNTY BANCORP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LINCOLN COUNTY BANCORP, INC. PROFIT SHARING PLAN, LINCOLN COUNTY BANCORP, INC.

LINCOLN COUNTY BANCORP, INC.EIN 43-1250707Plan #001PY 2017

430 EAST WOOD ST. - TROY, MO 63379636-528-7001LinkedIn11-50 employeesbanking

Other plans on this EIN

1 filing

#002Retirement-$8.3M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$20.3M

+19.5% from 2016

Total participants

223

+3.7% from 2016

Average account balance

$93,130

+17.8% from 2016

Annual return

15.90%

+8.98 pp from 2016

Benchmarks

See 2,201 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,201 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.95M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

308

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.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.48M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$154

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 4 by compensation

Provider	Service type	Compensation
FINDLEY2 years Filed as: FINDLEY DAVIES Service code 11 · EIN 34-1213174	Actuarial	$18,651
FIDUCIARY INVESTMENT ADVISORS1 year Filed as: FIDUCIARY ADVISORS Service code 26 · EIN 43-1891647	Advisory (Participants)	$15,625
ANDERS MINKLER HUBER & HELM LLP3+ years Filed as: ANDERS MINKLER HUBER & HELM, LLP Service code 10 · EIN 43-0831507	Accounting	$8,375
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 21 · EIN 42-1558009	Bank Trustee	$7,822

Plan features & details

Pension benefit codes2E2F2H2J2T3D3H

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.
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.
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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$53K

$304 / participant

Investment mgmt$8K14.8%
Other / not subdivided$45K85.2%

% of EOY assets

0.260%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ANDERS MINKLER HUBER & HELM, LLP
Auditor EIN: 430831507
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,130

$89,739+3.8%

$149,716-37.8%

$62,293+49.5%

Participation rate

97.1%

85.1%+12.0pp

87.1%+10.1pp

69.5%+27.6pp

Annual return

15.90%

21.01%-5.1pp

1501.67%-1485.8pp

28.90%-13.0pp

Employer contribution / active EE

$2,675

$3,233-17.3%

$5,444-50.9%

$2,042+31.0%

Participant deferral / active EE

$2,501

$4,797-47.9%

$6,568-61.9%

$3,169-21.1%

Admin fee / account holder

$242

$551-56.0%

$11,282-97.9%

$479-49.4%

Provider

Service type

Compensation

FINDLEY2 years

Filed as: FINDLEY DAVIES

Service code 11 · EIN 34-1213174

Actuarial

$18,651

FIDUCIARY INVESTMENT ADVISORS1 year

Filed as: FIDUCIARY ADVISORS

Service code 26 · EIN 43-1891647

Advisory (Participants)

$15,625

ANDERS MINKLER HUBER & HELM LLP3+ years

Filed as: ANDERS MINKLER HUBER & HELM, LLP

Service code 10 · EIN 43-0831507

Accounting

$8,375

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB BANK

Service code 21 · EIN 42-1558009

Bank Trustee

$7,822

LINCOLN COUNTY BANCORP, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LINCOLN COUNTY BANCORP, INC. 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