Retirement plan

CITY OF ORD MONEY PURCHASE PENSION TRUST

Name: CITY OF ORD - CITY OF ORD MONEY PURCHASE PENSION TRUST (2018) Form 5500
Creator: CITY OF ORD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CITY OF ORD MONEY PURCHASE PENSION TRUST, CITY OF ORD

CITY OF ORDEIN 47-6006307Plan #001PY 2018

201 SOUTH 17TH ST, P.O. BOX 96 - ORD, NE 68862308-728-5791LinkedIn11-50 employeesexecutive office

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$1.3M

+3.6% from 2017

Total participants

-4.3% from 2017

Average account balance

$60,444

+3.6% from 2017

Annual return

-2.98%

-14.26 pp from 2017

Benchmarks

See 325 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort325 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.91M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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

$105K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7131

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 codes2C2F2G3D2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$21K

$1181 / participant

Other / not subdivided$21K100.0%

% of EOY assets

1.598%

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

$60,444

$63,953-5.5%

$54,726+10.4%

$135,380-55.4%

Participation rate

100.0%

84.9%+15.1pp

79.1%+20.9pp

82.6%+17.4pp

Annual return

-2.98%

-5.77%+2.8pp

-4.56%+1.6pp

519.81%-522.8pp

Employer contribution / active EE

$3,961

$4,256-6.9%

$3,449+14.8%

$4,779-17.1%

Participant deferral / active EE

$961

$4,810-80.0%

$3,953-75.7%

$5,609-82.9%

Admin fee / account holder

$966

$4,567-78.8%

$3,818-74.7%

$10,828-91.1%

CITY OF ORD MONEY PURCHASE PENSION TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CITY OF ORD MONEY PURCHASE PENSION 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