Retirement plan

MICCOSUKEE TRIBE OF INDIANS OF FLORIDA 401(K) PLAN

Name: MICCOSUKEE TRIBE OF INDIANS OF FLORIDA - MICCOSUKEE TRIBE OF INDIANS OF FLORIDA 401(K) PLAN (2020) Form 5500
Creator: MICCOSUKEE TRIBE OF INDIANS OF FLORIDA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MICCOSUKEE TRIBE OF INDIANS OF FLORIDA 401(K) PLAN, MICCOSUKEE TRIBE OF INDIANS OF FLORIDA

MICCOSUKEE TRIBE OF INDIANS OF FLORIDAEIN 59-0996784Plan #001PY 2020

MILE MARKER 37.5 US HIGHWAY 41, TAMIAMI TRAIL - MIAMI, FL 33194305-894-5220LinkedIn1001-5000 employeesgovernment administration

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$35.3M

-10.6% from 2019

Total participants

1,268

-12.7% from 2019

Average account balance

$41,232

+2.2% from 2019

Annual return

14.63%

-4.42 pp from 2019

Benchmarks

See 263 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort263 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$45.30M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

810

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.

58.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.02M

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

+12.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC3 years Filed as: UBS FINANCIAL SERVICES Service code 16 315 DEADERICK STREET · NASHVILLE, TN 37238	Consulting	$22,960
TRANSAMERICA RETIREMENT SOLUTIONS3 years Service code 12 · EIN 13-3689044	Recordkeeping fees; Distribution (12b...	$21,941
NATIONAL FINANCIAL SERVICES3 years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$22K

$20 / participant

Other / not subdivided$22K100.0%

% of EOY assets

0.062%

all-in expense ratio

Categories reported

0 / 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: VERDEJA, DE ARMAS & TRUJILLO, LLP
Auditor EIN: 204989621
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,232

$105,581-60.9%

$70,462-41.5%

$90,274-54.3%

Participation rate

61.9%

77.5%-15.6pp

75.1%-13.2pp

73.4%-11.5pp

Annual return

14.63%

14.78%-0.2pp

109.08%-94.5pp

53.97%-39.3pp

Employer contribution / active EE

$1,769

$3,304-46.5%

$2,737-35.4%

$2,523-29.9%

Participant deferral / active EE

$2,345

$3,813-38.5%

$3,710-36.8%

$4,231-44.6%

Admin fee / account holder

$26

$68-62.0%

$3,845-99.3%

$114-77.5%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC3 years

Filed as: UBS FINANCIAL SERVICES

Service code 16

315 DEADERICK STREET · NASHVILLE, TN 37238

Consulting

$22,960

TRANSAMERICA RETIREMENT SOLUTIONS3 years

Service code 12 · EIN 13-3689044

Recordkeeping fees; Distribution (12b...

$21,941

NATIONAL FINANCIAL SERVICES3 years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

MICCOSUKEE TRIBE OF INDIANS OF FLORIDA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MICCOSUKEE TRIBE OF INDIANS OF FLORIDA 401(K) 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