Retirement plan

SOUTH ATLANTIC FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Name: SOUTH ATLANTIC FEDERAL CREDIT UNION - SOUTH ATLANTIC FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST (2018) Form 5500
Creator: SOUTH ATLANTIC FEDERAL CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTH ATLANTIC FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST, SOUTH ATLANTIC FEDERAL CREDIT UNION

SOUTH ATLANTIC FEDERAL CREDIT UNIONEIN 59-2570877Plan #001PY 2018

1 W CAMINO REAL, STE 110 - BOCA RATON, FL 334325966561-394-7097safcu1.orgLinkedIn1-10 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$306K

+13.2% from 2017

Total participants

+33.3% from 2017

Average account balance

$43,755

-19.2% from 2017

Annual return

3.26%

+0.17 pp from 2017

Benchmarks

See 31,468 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort31,468 peers

Snapshot2018

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$472K

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+3.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1875

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

0 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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 codes2C2D3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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

$33

$7 / participant

Other / not subdivided$33100.0%

% of EOY assets

0.011%

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: -

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,755

$160,055-72.7%

$140,016-68.7%

$135,375-67.7%

Participation rate

80.0%

88.5%-8.5pp

87.5%-7.5pp

82.6%-2.6pp

Annual return

3.26%

911.38%-908.1pp

651.12%-647.9pp

519.73%-516.5pp

Employer contribution / active EE

$5,357

$6,420-16.6%

$5,606-4.4%

$4,779+12.1%

Participant deferral / active EE

$7,642-100.0%

$6,927-100.0%

$5,609-100.0%

Admin fee / account holder

$13,328-100.0%

$10,705-100.0%

$10,827-100.0%

SOUTH ATLANTIC FEDERAL CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTH ATLANTIC FEDERAL CREDIT UNION MONEY PURCHASE 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