Retirement plan

INLAND CELLULAR LLC 401(K) PLAN & TRUST

Name: INLAND CELLULAR LLC - INLAND CELLULAR LLC 401(K) PLAN & TRUST (2023) Form 5500
Creator: INLAND CELLULAR LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INLAND CELLULAR LLC 401(K) PLAN & TRUST, INLAND CELLULAR LLC

INLAND CELLULAR LLCEIN 46-1799757Plan #001PY 2023

109 SOUTH 1ST STREET, PO BOX 688 - ROSLYN, WA 98941509-649-2500

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$15.8M

+12.9% from 2022

Total participants

132

+3.1% from 2022

Average account balance

$147,843

+10.8% from 2022

Annual return

13.18%

+31.43 pp from 2022

Benchmarks

See 1,031 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort1,031 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.92M

Not enough data

1 years with asset history on file

Average account balance

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

$140K

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$575K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$63906

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
NWPS3 years Service code 15 · EIN 91-2090931	Recordkeeping	$19,256
HMA CPA, PS2 years Service code 10 601 W. 1ST AVE · SPOKANE, WA 99201	Accounting	$15,500
LPL FINANCIAL3 years Service code 26 818 WEST RIVERSIDE AVE · SPOKANE, WA 99201	Advisory (Participants)	$10,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$47K

$448 / participant

Recordkeeping$19K41.3%
Investment mgmt$10K21.4%
Legal$2K4.0%
Other / not subdivided$16K33.2%

% of EOY assets

0.295%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HMA CPA, PS
Auditor EIN: 470888689
Audit fees: $15,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$147,843

$69,511+112.7%

$94,664+56.2%

$71,511+106.7%

Participation rate

76.0%

78.4%-2.5pp

80.8%-4.9pp

67.9%+8.0pp

Annual return

13.18%

29.67%-16.5pp

156.84%-143.7pp

28.86%-15.7pp

Employer contribution / active EE

$1,962

$2,853-31.2%

$3,673-46.6%

$2,589-24.2%

Participant deferral / active EE

$4,212

$7,348-42.7%

$7,417-43.2%

$4,291-1.8%

Admin fee / account holder

$436

$1,211-64.0%

$7,222-94.0%

$1,588-72.6%

Provider

Service type

Compensation

NWPS3 years

Service code 15 · EIN 91-2090931

Recordkeeping

$19,256

HMA CPA, PS2 years

Service code 10

601 W. 1ST AVE · SPOKANE, WA 99201

Accounting

$15,500

LPL FINANCIAL3 years

Service code 26

818 WEST RIVERSIDE AVE · SPOKANE, WA 99201

Advisory (Participants)

$10,000

INLAND CELLULAR LLC 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INLAND CELLULAR LLC 401(K) PLAN & TRUST

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