Retirement plan

CORE BANK PROFIT SHARING PLAN AND TRUST

Name: CORE BANK - CORE BANK PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: CORE BANK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORE BANK PROFIT SHARING PLAN AND TRUST, CORE BANK

CORE BANKEIN 47-0804165Plan #001PY 2017

12100 W CENTER RD - OMAHA, NE 681443350402-898-3350corebank.comLinkedIn51-200 employeesbanking

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed September 5, 2019

Plan administrator

Plan administrator name— Sign in and upgrade to view

17807 Burke Street

Omaha, NE 68118

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Plans declared (1)

Salary Continuation Plan2 emp

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Total assets (EOY)

$8.4M

+13.7% from 2016

Total participants

151

+8.6% from 2016

Average account balance

$59,035

+7.3% from 2016

Annual return

16.76%

+9.54 pp from 2016

Benchmarks

See 2,201 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,201 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.90M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

170

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$316

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
SECURITY NATIONAL BANK3+ years Service code 28 · EIN 42-0943319	Investment Management	$628
CHARLES SCHWAB & CO., INC.3+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$30K

$297 / participant

Investment mgmt$30K100.0%

% of EOY assets

0.352%

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: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,035

$89,739-34.2%

$149,721-60.6%

$62,293-5.2%

Participation rate

92.0%

85.1%+6.9pp

87.1%+4.9pp

69.5%+22.5pp

Annual return

16.76%

21.01%-4.3pp

1501.67%-1484.9pp

28.90%-12.1pp

Employer contribution / active EE

$2,937

$3,233-9.2%

$5,444-46.1%

$2,042+43.8%

Participant deferral / active EE

$5,876

$4,797+22.5%

$6,568-10.5%

$3,169+85.4%

Admin fee / account holder

$208

$551-62.3%

$11,282-98.2%

$479-56.6%

Provider

Service type

Compensation

SECURITY NATIONAL BANK3+ years

Service code 28 · EIN 42-0943319

Investment Management

$628

CHARLES SCHWAB & CO., INC.3+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

CORE BANK PROFIT SHARING PLAN AND TRUST

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

CORE BANK PROFIT SHARING PLAN AND TRUST

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