Retirement plan

BANNER COUNTY BAN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN & TRUST

Name: BANNER COUNTY BAN CORPORATION - BANNER COUNTY BAN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN & TRUST (2015) Form 5500
Creator: BANNER COUNTY BAN CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BANNER COUNTY BAN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN & TRUST, BANNER COUNTY BAN CORPORATION

BANNER COUNTY BAN CORPORATIONEIN 47-0678924Plan #002PY 2015

205 STATE STREET, PO BOX 87 - HARRISBURG, NE 69345308-436-5024LinkedIn11-50 employeesbanking

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.7M

No prior year

Total participants

No prior year

Average account balance

$174,840

No prior year

Annual return

9.73%

No prior year

Benchmarks

See 489 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants25-99

Cohort489 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.67M

Not enough data

1 years with asset history on file

Average account balance

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

$272K

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

$467K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+21.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13291

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

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

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 codes2E2H2J2O3D

Plan features

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.
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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$329K

$7320 / participant

Other / not subdivided$329K100.0%

% of EOY assets

4.282%

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

$174,840

$81,258+115.2%

$105,218+66.2%

$59,633+193.2%

Participation rate

84.4%

75.4%+9.0pp

77.2%+7.2pp

68.7%+15.8pp

Annual return

9.73%

1.96%+7.8pp

5.33%+4.4pp

2041.45%-2031.7pp

Employer contribution / active EE

$2,599

$2,562+1.5%

$3,255-20.2%

$2,203+18.0%

Participant deferral / active EE

$2,043

$3,881-47.4%

$4,867-58.0%

$3,192-36.0%

Admin fee / account holder

$7,487

$5,841+28.2%

$6,992+7.1%

$4,297+74.2%

BANNER COUNTY BAN CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BANNER COUNTY BAN CORPORATION EMPLOYEE STOCK OWNERSHIP 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