Retirement plan

ELLERBROCK-NORRIS AGENCY, INC. 401(K) PLAN

Name: ELLERBROCK-NORRIS AGENCY, INC. - ELLERBROCK-NORRIS AGENCY, INC. 401(K) PLAN (2016) Form 5500
Creator: ELLERBROCK-NORRIS AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ELLERBROCK-NORRIS AGENCY, INC. 401(K) PLAN, ELLERBROCK-NORRIS AGENCY, INC.

ELLERBROCK-NORRIS AGENCY, INC.EIN 47-0470669Plan #001PY 2016

2203 OSBORNE DRIVE WEST - HASTINGS, NE 68901402-463-2461ellerbrock-norris.comLinkedIn51-200 employeesinsurance

Prospect flagsLow fidelity bond

Top hat statement on fileNQDC

Filed October 24, 2022

Plan administrator

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2203 Osborne Dr W

Hastings, NE 68901

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Plans declared (1)

Ellerbrock-Norris Agency, Inc. Deferred Compensation Plan63 emp

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Total assets (EOY)

$2.1M

+22.3% from 2015

Total participants

+9.7% from 2015

Average account balance

$60,413

+11.5% from 2015

Annual return

10.64%

+13.49 pp from 2015

Benchmarks

See 7,671 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,671 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.23M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

121.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$664K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+16.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7611

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

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 codes2E2F2G2J3D

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$7K

$236 / participant

Other / not subdivided$7K100.0%

% of EOY assets

0.356%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,413

$87,834-31.2%

$133,975-54.9%

$62,881-3.9%

Participation rate

100.0%

83.4%+16.6pp

87.1%+12.9pp

69.3%+30.7pp

Annual return

10.64%

12.05%-1.4pp

29.29%-18.7pp

20.14%-9.5pp

Employer contribution / active EE

$2,255

$3,482-35.2%

$5,211-56.7%

$2,281-1.1%

Participant deferral / active EE

$4,309

$4,812-10.5%

$6,282-31.4%

$3,203+34.5%

Admin fee / account holder

$215

$5,372-96.0%

$9,324-97.7%

$4,296-95.0%

ELLERBROCK-NORRIS AGENCY, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ELLERBROCK-NORRIS AGENCY, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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