Retirement plan

SUMMIT UTILITY BUSINESS SOLUTIONS 401K PLAN

Name: SUMMIT UTILITY BUSINESS SOLUTIONS - SUMMIT UTILITY BUSINESS SOLUTIONS 401K PLAN (2017) Form 5500
Creator: SUMMIT UTILITY BUSINESS SOLUTIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUMMIT UTILITY BUSINESS SOLUTIONS 401K PLAN, SUMMIT UTILITY BUSINESS SOLUTIONS

SUMMIT UTILITY BUSINESS SOLUTIONSEIN 59-3813412Plan #001PY 2017

PO BOX 1040 - LAFAYETTE, CO 800264040303-604-6340LinkedIn1-10 employeesmanagement consulting

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$629K

+16.8% from 2016

Total participants

0.0% from 2016

Average account balance

$209,722

+16.8% from 2016

Annual return

7.68%

+6.03 pp from 2016

Benchmarks

See 114,325 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort114,325 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$541

Not enough data

1 years with asset history on file

Average account balance

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

$271

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+0.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$48878

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 codes2E2F2G2J2T3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$806

$269 / participant

Other / not subdivided$806100.0%

% of EOY assets

0.128%

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

$209,722

$150,446+39.4%

$136,297+53.9%

$147,585+42.1%

Participation rate

100.0%

84.4%+15.6pp

81.9%+18.1pp

82.8%+17.2pp

Annual return

7.68%

1049.14%-1041.5pp

5156.19%-5148.5pp

578.58%-570.9pp

Employer contribution / active EE

$1,881

$5,256-64.2%

$4,696-59.9%

$4,876-61.4%

Participant deferral / active EE

$14,476

$6,631+118.3%

$6,247+131.7%

$5,439+166.2%

Admin fee / account holder

$269

$10,906-97.5%

$9,244-97.1%

$10,886-97.5%

SUMMIT UTILITY BUSINESS SOLUTIONS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUMMIT UTILITY BUSINESS SOLUTIONS 401K 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