Retirement plan

FIRST NATIONAL CAPITAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Name: FIRST NATIONAL CAPITAL CORPORATION - FIRST NATIONAL CAPITAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN (2016) Form 5500
Creator: FIRST NATIONAL CAPITAL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST NATIONAL CAPITAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN, FIRST NATIONAL CAPITAL CORPORATION

FIRST NATIONAL CAPITAL CORPORATIONEIN 59-3796875Plan #002PY 2016

27051 TOWNE CENTRE DRIVE, SUITE 260 - FOOTHILL RANCH, CA 92610949-707-2070firstncc.comLinkedIn51-200 employeesfinancial services

Other plans on this EIN

1 filing

#001Retirement-$1.7M assets

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$27.7M

+6.2% from 2015

Total participants

+30.8% from 2015

Average account balance

$838,008

-16.3% from 2015

Annual return

1.11%

+1.11 pp from 2015

Benchmarks

See 7,671 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,671 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$103.41M

Not enough data

1 years with asset history on file

Average account balance

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

$1.5M

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.

95.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$39K

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

-4.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23388

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 codes2E2P3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

3 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.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.8M

$53864 / participant

Other / not subdivided$2M100.0%

% of EOY assets

6.622%

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

$838,008

$87,834+854.1%

$133,975+525.5%

$62,881+1232.7%

Participation rate

97.1%

83.4%+13.7pp

87.1%+10.0pp

69.3%+27.8pp

Annual return

1.11%

12.05%-10.9pp

29.29%-28.2pp

20.14%-19.0pp

Employer contribution / active EE

$39,121

$3,482+1023.4%

$5,211+650.7%

$2,281+1615.2%

Participant deferral / active EE

$4,812-100.0%

$6,282-100.0%

$3,203-100.0%

Admin fee / account holder

$55,496

$5,372+933.0%

$9,324+495.2%

$4,296+1191.9%

FIRST NATIONAL CAPITAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST NATIONAL CAPITAL CORPORATION EMPLOYEE STOCK OWNERSHIP 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