Retirement plan

SANIBEL CAPTIVA ISLANDS ASSO 401 K PROFIT SHARING PLAN TRUST

Name: SANIBEL & CAPTIVA ISLANDS ASSO - SANIBEL CAPTIVA ISLANDS ASSO 401 K PROFIT SHARING PLAN TRUST (2017) Form 5500
Creator: SANIBEL & CAPTIVA ISLANDS ASSO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SANIBEL CAPTIVA ISLANDS ASSO 401 K PROFIT SHARING PLAN TRUST, SANIBEL & CAPTIVA ISLANDS ASSO

SANIBEL & CAPTIVA ISLANDS ASSOEIN 59-2696345Plan #001PY 2017

2353 PERIWINKLE WAY STE 201 - SANIBEL, FL 33957239-472-9353flguide.comLinkedIn1-10 employeespublic relations and communications

Prospect flagsHigh feesLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$51K

-42.1% from 2016

Total participants

+66.7% from 2016

Average account balance

$12,801

-56.5% from 2016

Annual return

20.64%

+15.95 pp from 2016

Benchmarks

See 30,802 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,802 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$148K

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

266.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12K

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

+26.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15

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

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 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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$80K

$20019 / participant

Other / not subdivided$80K100.0%

% of EOY assets

156.384%

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

$12,801

$171,867-92.6%

$149,721-91.5%

$147,586-91.3%

Participation rate

75.0%

88.2%-13.2pp

87.1%-12.1pp

82.8%-7.8pp

Annual return

20.64%

2113.36%-2092.7pp

1501.67%-1481.0pp

578.59%-558.0pp

Employer contribution / active EE

$1,289

$6,275-79.5%

$5,444-76.3%

$4,876-73.6%

Participant deferral / active EE

$4,819

$7,270-33.7%

$6,568-26.6%

$5,439-11.4%

Admin fee / account holder

$20,019

$13,799+45.1%

$11,282+77.4%

$10,886+83.9%

SANIBEL CAPTIVA ISLANDS ASSO 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SANIBEL CAPTIVA ISLANDS ASSO 401 K PROFIT SHARING PLAN 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