Retirement plan

STATE FARM PROTOTYPE RETIREMENT PLAN FOR STATE FARM AGENTS

Name: MICHAEL D BREEDING - STATE FARM PROTOTYPE RETIREMENT PLAN FOR STATE FARM AGENTS (2017) Form 5500
Creator: MICHAEL D BREEDING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STATE FARM PROTOTYPE RETIREMENT PLAN FOR STATE FARM AGENTS, MICHAEL D BREEDING

MICHAEL D BREEDINGdba MIKE BREEDING STATE FARM INSURANCEEIN 43-1276170Plan #001PY 2017

1855-B S NATIONAL AVE - SPRINGFIELD, MO 658042217417-882-2800

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.1M

+17.4% from 2016

Total participants

0.0% from 2016

Average account balance

No prior year

Annual return

14.01%

+1.83 pp from 2016

Benchmarks

See 30,804 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,804 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$5.13M

Not enough data

1 years with asset history on file

Average account balance

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

$2.6M

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$71K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+14.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$272505

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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 codes2C2E2H2K

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

0 tripped

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

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: -

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$171,865-100.0%

$149,718-100.0%

$147,584-100.0%

Participation rate

0.0%

88.2%-88.2pp

87.1%-87.1pp

82.8%-82.8pp

Annual return

14.01%

2113.22%-2099.2pp

1501.63%-1487.6pp

578.55%-564.5pp

Employer contribution / active EE

$20,833

$6,275+232.0%

$5,445+282.6%

$4,876+327.2%

Participant deferral / active EE

$7,271-100.0%

$6,569-100.0%

$5,439-100.0%

Admin fee / account holder

$13,799-100.0%

$11,283-100.0%

$10,885-100.0%

STATE FARM PROTOTYPE RETIREMENT PLAN FOR STATE FARM AGENTS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

STATE FARM PROTOTYPE RETIREMENT PLAN FOR STATE FARM AGENTS

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