Retirement plan

FLORIDA SEAPORTS COUNCIL, INC 401(K) SAVINGS & PROFIT SHARING PLAN

Name: FLORIDA SEAPORTS COUNCIL, INC. - FLORIDA SEAPORTS COUNCIL, INC 401(K) SAVINGS & PROFIT SHARING PLAN (2016) Form 5500
Creator: FLORIDA SEAPORTS COUNCIL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLORIDA SEAPORTS COUNCIL, INC 401(K) SAVINGS & PROFIT SHARING PLAN, FLORIDA SEAPORTS COUNCIL, INC.

FLORIDA SEAPORTS COUNCIL, INC.EIN 59-3267382Plan #001PY 2016

502 EAST JEFFERSON STREET - TALLAHASSEE, FL 32301850-222-8028flaports.orgLinkedIn1-10 employeesmaritime

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$318K

No prior year

Total participants

No prior year

Average account balance

$53,049

No prior year

Annual return

10.18%

No prior year

Benchmarks

See 6,057 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort6,057 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$711K

Not enough data

1 years with asset history on file

Average account balance

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

$178K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34K

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

+13.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11879

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$113K

$22558 / participant

Other / not subdivided$113K100.0%

% of EOY assets

35.436%

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

$53,049

$83,337-36.3%

$67,834-21.8%

$273,972-80.6%

Participation rate

100.0%

76.4%+23.6pp

68.8%+31.2pp

83.0%+17.0pp

Annual return

10.18%

259.45%-249.3pp

138.47%-128.3pp

41.46%-31.3pp

Employer contribution / active EE

$5,958

$3,287+81.2%

$2,403+147.9%

$4,869+22.4%

Participant deferral / active EE

$2,954

$4,088-27.7%

$3,160-6.5%

$5,287-44.1%

Admin fee / account holder

$18,798

$6,752+178.4%

$4,622+306.7%

$10,133+85.5%

FLORIDA SEAPORTS COUNCIL, INC 401(K) SAVINGS & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLORIDA SEAPORTS COUNCIL, INC 401(K) SAVINGS & PROFIT SHARING 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