Retirement plan

NORIDIAN MUTUAL INSURANCE CO SALARY SAVINGS PLAN

Name: NORIDIAN MUTUAL INSURANCE COMPANY - NORIDIAN MUTUAL INSURANCE CO SALARY SAVINGS PLAN (2016) Form 5500
Creator: NORIDIAN MUTUAL INSURANCE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORIDIAN MUTUAL INSURANCE CO SALARY SAVINGS PLAN, NORIDIAN MUTUAL INSURANCE COMPANY

NORIDIAN MUTUAL INSURANCE COMPANYEIN 45-0173185Plan #003PY 2016

4510 13TH AVENUE SW - FARGO, ND 581210001701-282-1100bcbsnd.comLinkedIn501-1000 employeesinsurance

Other plans on this EIN

2 filings

#001Retirement-$144.6M assets #004Retirement-$3.9M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed May 1, 2015 (most recent of 3 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$180.2M

+12.9% from 2015

Total participants

3,285

-2.6% from 2015

Average account balance

$54,861

+15.9% from 2015

Annual return

8.44%

+8.85 pp from 2015

Benchmarks

See 529 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants1,000-4,999

Cohort529 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$500.27M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

3,898

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.

78.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$30.75M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$101

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 1 by compensation

Provider	Service type	Compensation
BELL BANK2+ years Filed as: BELL STATE BANK Service code 15 · EIN 45-6076392 3100 13TH AVE S · FARGO, ND 58103	Recordkeeping	$229,568

Plan features & details

Pension benefit codes2G2J2S2T

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$230K

$88 / participant

Investment mgmt$230K100.0%

% of EOY assets

0.127%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

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: EIDE BAILLY
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,861

$80,354-31.7%

$133,975-59.1%

$63,975-14.2%

Participation rate

100.0%

87.5%+12.5pp

87.1%+12.9pp

71.1%+28.9pp

Annual return

8.44%

13.11%-4.7pp

29.29%-20.9pp

48.65%-40.2pp

Employer contribution / active EE

$2,971

$3,503-15.2%

$5,211-43.0%

$2,182+36.2%

Participant deferral / active EE

$3,459

$5,239-34.0%

$6,282-44.9%

$3,356+3.1%

Admin fee / account holder

$70

$69+0.8%

$9,324-99.3%

$70-0.8%

Provider

Service type

Compensation

BELL BANK2+ years

Filed as: BELL STATE BANK

Service code 15 · EIN 45-6076392

3100 13TH AVE S · FARGO, ND 58103

Recordkeeping

$229,568

NORIDIAN MUTUAL INSURANCE CO SALARY SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORIDIAN MUTUAL INSURANCE CO SALARY SAVINGS PLAN

Top hat statement on fileNQDC

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