Retirement plan

HRSA-ILA ANNUITY & SAVINGS PLAN

Name: BOARD OF TRUSTEES OF THE HRSA-ILA ANNUITY & SAVINGS PLAN - HRSA-ILA ANNUITY & SAVINGS PLAN (2016) Form 5500
Creator: BOARD OF TRUSTEES OF THE HRSA-ILA ANNUITY & SAVINGS PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HRSA-ILA ANNUITY & SAVINGS PLAN, BOARD OF TRUSTEES OF THE HRSA-ILA ANNUITY & SAVINGS PLAN

BOARD OF TRUSTEES OF THE HRSA-ILA ANNUITY & SAVINGS PLANEIN 54-1839163Plan #001PY 2016

1355 INTERNATIONAL TERMINAL BLVD - NORFOLK, VA 235051460757-457-7090LinkedIn1001-5000 employeestransportation/trucking/railroad

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$112M

No prior year

Total participants

2,203

No prior year

Average account balance

$50,842

No prior year

Annual return

4.75%

No prior year

Benchmarks

See 243 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort243 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$254.26M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

2,811

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.

82.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25.73M

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

+13.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$242

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 6 by compensation

Provider	Service type	Compensation
HRSA-ILA FRINGE BENEFIT ESCROW FUND1+ years Service code 13 · EIN 54-1218271	Contract Administrator	$229,959
VANDEVENTER BLACK, LLP1+ years Service code 29 · EIN 54-0619797	Legal	$23,302
CALIBRE CPA GROUP PLLC1+ years Filed as: CALIBRE CPA GROUP, PLLC Service code 10 · EIN 47-0900880	Accounting	$20,000
TOWNE INSURANCE1+ years Service code 22 · EIN 31-1774380	Insurance Broker	$17,074
WILLIG, WILLIAMS & DAVIDSON1+ years Filed as: WILLIG, WILLIAMS, AND DAVIDSON Service code 29 · EIN 23-2416488	Legal	$7,020
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS AGENCY Service code 53 · EIN 54-0910269	Insurance Commissions	$0

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$287K

$136 / participant

Other / not subdivided$287K100.0%

% of EOY assets

0.256%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CALIBRE CPA GROUP PLLC
Auditor EIN: 470900880
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,842

$168,231-69.8%

$67,834-25.0%

$63,975-20.5%

Participation rate

100.0%

66.8%+33.2pp

68.8%+31.2pp

71.1%+28.9pp

Annual return

4.75%

11.76%-7.0pp

138.47%-133.7pp

48.65%-43.9pp

Employer contribution / active EE

$1,307

$1,907-31.5%

$2,403-45.6%

$2,182-40.1%

Participant deferral / active EE

$2,940

$2,827+4.0%

$3,160-6.9%

$3,356-12.4%

Admin fee / account holder

$130

$81+61.8%

$4,622-97.2%

$70+85.0%

Provider

Service type

Compensation

HRSA-ILA FRINGE BENEFIT ESCROW FUND1+ years

Service code 13 · EIN 54-1218271

Contract Administrator

$229,959

VANDEVENTER BLACK, LLP1+ years

Service code 29 · EIN 54-0619797

Legal

$23,302

CALIBRE CPA GROUP PLLC1+ years

Filed as: CALIBRE CPA GROUP, PLLC

Service code 10 · EIN 47-0900880

Accounting

$20,000

TOWNE INSURANCE1+ years

Service code 22 · EIN 31-1774380

Insurance Broker

$17,074

WILLIG, WILLIAMS & DAVIDSON1+ years

Filed as: WILLIG, WILLIAMS, AND DAVIDSON

Service code 29 · EIN 23-2416488

Legal

$7,020

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO ADVISORS AGENCY

Service code 53 · EIN 54-0910269

Insurance Commissions

HRSA-ILA ANNUITY & SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HRSA-ILA ANNUITY & SAVINGS PLAN

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