Retirement plan

COLORADO HEALTH BENEFIT EXCHANGE 403(B) PLAN

Name: COLORADO HEALTH BENEFIT EXCHANGE - COLORADO HEALTH BENEFIT EXCHANGE 403(B) PLAN (2018) Form 5500
Creator: COLORADO HEALTH BENEFIT EXCHANGE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLORADO HEALTH BENEFIT EXCHANGE 403(B) PLAN, COLORADO HEALTH BENEFIT EXCHANGE

COLORADO HEALTH BENEFIT EXCHANGEEIN 45-3733823Plan #001PY 2018

3773 CHERRY CREEK N. DR., STE 1025 - DENVER, CO 80209720-496-2554

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.5M

+9.6% from 2017

Total participants

152

+19.7% from 2017

Average account balance

$26,435

-17.0% from 2017

Annual return

-6.27%

-27.63 pp from 2017

Benchmarks

See 2,031 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort2,031 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.03M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

239

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+22.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$198

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 2 by compensation

Provider	Service type	Compensation
FARMER & BETTS1 year Filed as: FARMER & BETTS INC. Service code 13 6010 20TH ST E STE 1 · TACOMA, WA 98424	Contract Administrator	$4,152
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH & MANAGEMENT CO IN Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$1,049

Plan features & details

Pension benefit codes2E2F2G2K2M2T3D

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.
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$4K

$38 / participant

Contract admin$4K100.0%

% of EOY assets

0.101%

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: BROCK AND COMPANY CPAS P.C.
Auditor EIN: 840930288
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,435

$53,596-50.7%

$90,657-70.8%

$64,173-58.8%

Participation rate

78.5%

64.5%+14.0pp

74.0%+4.5pp

69.6%+8.9pp

Annual return

-6.27%

4.41%-10.7pp

1.89%-8.2pp

7.63%-13.9pp

Employer contribution / active EE

$6,048

$1,503+302.4%

$2,532+138.9%

$2,381+154.0%

Participant deferral / active EE

$4,078

$2,459+65.9%

$3,424+19.1%

$3,470+17.5%

Admin fee / account holder

$27

$3,868-99.3%

$4,994-99.5%

$4,887-99.5%

Provider

Service type

Compensation

FARMER & BETTS1 year

Filed as: FARMER & BETTS INC.

Service code 13

6010 20TH ST E STE 1 · TACOMA, WA 98424

Contract Administrator

$4,152

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH & MANAGEMENT CO IN

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$1,049

COLORADO HEALTH BENEFIT EXCHANGE 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLORADO HEALTH BENEFIT EXCHANGE 403(B) 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