Retirement plan

ALABAMA GULF COAST CONVENTION AND VISITORS BUREAU PROFIT SHARING PLAN

Name: ALABAMA GULF COAST CONVENTION AND - ALABAMA GULF COAST CONVENTION AND VISITORS BUREAU PROFIT SHARING PLAN (2017) Form 5500
Creator: ALABAMA GULF COAST CONVENTION AND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALABAMA GULF COAST CONVENTION AND VISITORS BUREAU PROFIT SHARING PLAN, ALABAMA GULF COAST CONVENTION AND

ALABAMA GULF COAST CONVENTION ANDEIN 63-1100946Plan #002PY 2017

P. O. BOX 457 - GULF SHORES, AL 36547251-968-9321agccvb.orgLinkedIn11-50 employees

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1M

+19.0% from 2016

Total participants

+2.6% from 2016

Average account balance

$25,379

+16.0% from 2016

Annual return

14.01%

+5.61 pp from 2016

Benchmarks

See 2,508 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants25-99

Cohort2,508 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.32M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

115.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108K

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

+14.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7912

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 codes2E2G3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$51K

$1468 / participant

Other / not subdivided$51K100.0%

% of EOY assets

5.061%

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

$25,379

$46,877-45.9%

$122,354-79.3%

$70,126-63.8%

Participation rate

100.0%

58.2%+41.8pp

71.6%+28.4pp

69.5%+30.5pp

Annual return

14.01%

24.22%-10.2pp

30.28%-16.3pp

73.15%-59.1pp

Employer contribution / active EE

$2,686

$1,288+108.5%

$4,051-33.7%

$2,343+14.7%

Participant deferral / active EE

$2,167-100.0%

$3,287-100.0%

$3,332-100.0%

Admin fee / account holder

$1,284

$3,324-61.4%

$5,479-76.6%

$4,645-72.4%

ALABAMA GULF COAST CONVENTION AND VISITORS BUREAU PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALABAMA GULF COAST CONVENTION AND VISITORS BUREAU 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