Retirement plan

FACC PREMIUM DEFERRED 401(K) PLAN

Name: FLORIDA ASSOCIATION OF COURT CLERKS - FACC PREMIUM DEFERRED 401(K) PLAN (2015) Form 5500
Creator: FLORIDA ASSOCIATION OF COURT CLERKS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FACC PREMIUM DEFERRED 401(K) PLAN, FLORIDA ASSOCIATION OF COURT CLERKS

FLORIDA ASSOCIATION OF COURT CLERKSEIN 59-1227589Plan #251PY 2015

3544 MACLAY BOULEVARD - TALLAHASSEE, FL 323123914850-921-0808LinkedIn51-200 employeestelecommunications

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$9.5M

No prior year

Total participants

115

No prior year

Average account balance

$82,985

No prior year

Annual return

-1.90%

No prior year

Benchmarks

See 1,412 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,412 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.67M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

169

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

$1.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$354

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

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 codes2E2F2G2J2T

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$776K

$7321 / participant

Other / not subdivided$776K100.0%

% of EOY assets

8.131%

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

$82,985

$41,854+98.3%

$73,845+12.4%

$52,331+58.6%

Participation rate

100.0%

66.2%+33.8pp

73.4%+26.6pp

68.1%+31.9pp

Annual return

-1.90%

2.11%-4.0pp

2267.91%-2269.8pp

4.54%-6.4pp

Employer contribution / active EE

$5,837

$1,920+204.0%

$2,788+109.4%

$1,882+210.2%

Participant deferral / active EE

$2,903

$2,498+16.2%

$3,583-19.0%

$3,022-4.0%

Admin fee / account holder

$6,748

$493+1269.8%

$4,881+38.3%

$592+1040.6%

FACC PREMIUM DEFERRED 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FACC PREMIUM DEFERRED 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