Retirement plan

FACC PREMIUM DEFERRED 401(K) PLAN

Name: FLORIDA ASSOCIATION OF COURT CLERKS - FACC PREMIUM DEFERRED 401(K) PLAN (2017) 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 2017

3544 MACLAY BOULEVARD - TALLAHASSEE, FL 32312850-921-0808LinkedIn51-200 employeestelecommunications

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12M

+7.5% from 2016

Total participants

125

+2.5% from 2016

Average account balance

$97,053

+5.8% from 2016

Annual return

15.10%

+4.75 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Top 3 by compensation

Provider	Service type	Compensation
FIDUCIARYFIRST LLC1 year Service code 27 220 LOOKOUT PLACE STE 200 · MAITLAND, FL 327518408	Advisory (Plan)	$33,243
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 15 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping	$1,791
QDRO CONSULTANTS COMPANY, LLC1 year Filed as: QDRO CONSULTANTS CO LLC Service code 16 3071 PEARL ROAD · MEDINA, OH 44256	Consulting	$300

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$35K

$321 / participant

Investment mgmt$33K94.1%
Contract admin$2K5.1%
Other / not subdivided$3000.8%

% of EOY assets

0.294%

all-in expense ratio

Categories reported

2 / 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: JAMES MOORE & CO., P.L.
Auditor EIN: 593204548
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$97,053

$50,637+91.7%

$86,581+12.1%

$62,293+55.8%

Participation rate

99.1%

67.9%+31.2pp

73.5%+25.5pp

69.5%+29.6pp

Annual return

15.10%

20.80%-5.7pp

965.06%-950.0pp

28.90%-13.8pp

Employer contribution / active EE

$6,263

$2,075+201.8%

$2,840+120.6%

$2,042+206.6%

Participant deferral / active EE

$3,098

$2,611+18.6%

$3,609-14.2%

$3,169-2.3%

Admin fee / account holder

$285

$413-31.1%

$4,904-94.2%

$479-40.6%

Provider

Service type

Compensation

FIDUCIARYFIRST LLC1 year

Service code 27

220 LOOKOUT PLACE STE 200 · MAITLAND, FL 327518408

Advisory (Plan)

$33,243

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 15

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping

$1,791

QDRO CONSULTANTS COMPANY, LLC1 year

Filed as: QDRO CONSULTANTS CO LLC

Service code 16

3071 PEARL ROAD · MEDINA, OH 44256

Consulting

$300

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