Retirement plan

THE MOST WORSHIPFUL GRAND LODGE F & AM OF FLORIDA EMPLOYEE PLAN AND TRUST

Name: THE MOST WORSHIPFUL GRAND LODGE OF F & AM OF FLORIDA - THE MOST WORSHIPFUL GRAND LODGE F & AM OF FLORIDA EMPLOYEE PLAN AND TRUST (2017) Form 5500
Creator: THE MOST WORSHIPFUL GRAND LODGE OF F & AM OF FLORIDA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MOST WORSHIPFUL GRAND LODGE F & AM OF FLORIDA EMPLOYEE PLAN AND TRUST, THE MOST WORSHIPFUL GRAND LODGE OF F & AM OF FLORIDA

THE MOST WORSHIPFUL GRAND LODGE OF F & AM OF FLORIDAEIN 59-0369358Plan #001PY 2017

220 NORTH OCEAN STREET - JACKSONVILLE, FL 32202904-354-2339LinkedIn51-200 employeesbanking

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$2.7M

+11.7% from 2016

Total participants

123

-3.1% from 2016

Average account balance

$21,747

+15.3% from 2016

Annual return

14.17%

+9.36 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.14M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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

$140K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$76

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
PENCOR, INC.3+ years Service code 15 · EIN 59-3186581	Recordkeeping	$6,669
HOWARD & COMPANY, CPAS, P.A.2 years Service code 10 · EIN 47-0916323	Accounting	$4,250

Plan features & details

Pension benefit codes2E2F2H2J2K3D

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).
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.
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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$11K

$125 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.421%

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: HOWARD & COMPANY CPAS, P.A.
Auditor EIN: 470916323
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,747

$84,236-74.2%

$170,435-87.2%

$70,126-69.0%

Participation rate

100.0%

70.8%+29.2pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

14.17%

23.06%-8.9pp

205.94%-191.8pp

73.15%-59.0pp

Employer contribution / active EE

$1,138

$3,387-66.4%

$5,432-79.1%

$2,343-51.4%

Participant deferral / active EE

$748

$3,086-75.8%

$4,939-84.9%

$3,332-77.5%

Admin fee / account holder

$92

$5,698-98.4%

$13,881-99.3%

$4,645-98.0%

Provider

Service type

Compensation

PENCOR, INC.3+ years

Service code 15 · EIN 59-3186581

Recordkeeping

$6,669

HOWARD & COMPANY, CPAS, P.A.2 years

Service code 10 · EIN 47-0916323

Accounting

$4,250

THE MOST WORSHIPFUL GRAND LODGE F & AM OF FLORIDA EMPLOYEE PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MOST WORSHIPFUL GRAND LODGE F & AM OF FLORIDA EMPLOYEE PLAN AND 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