Retirement plan

CENTRAL ELECTRIC POWER ASSOCIATION 401(K) PLAN

Name: CENTRAL ELECTRIC POWER ASSOCIATION - CENTRAL ELECTRIC POWER ASSOCIATION 401(K) PLAN (2017) Form 5500
Creator: CENTRAL ELECTRIC POWER ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL ELECTRIC POWER ASSOCIATION 401(K) PLAN, CENTRAL ELECTRIC POWER ASSOCIATION

CENTRAL ELECTRIC POWER ASSOCIATIONEIN 64-0132702Plan #002PY 2017

107 EAST MAIN STREET - CARTHAGE, MS 390514224601-267-5671

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$14M

+45.8% from 2016

Total participants

114

-1.7% from 2016

Average account balance

$125,878

+47.1% from 2016

Annual return

44.01%

+35.58 pp from 2016

Benchmarks

See 155 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants100-249

Cohort155 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.48M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

128

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.

92.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$788K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+21.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$505

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
MORNINGSTAR1 year Service code 27 · EIN 36-3297908	Advisory (Plan)	$0
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE Service code 27 · EIN 71-0294708	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$400

$4 / participant

Contract admin$400100.0%

% of EOY assets

0.003%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: REA, SHAW, GIFFIN & STUART, LLP
Auditor EIN: 640295411
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$125,878

$102,514+22.8%

$97,995+28.5%

$62,293+102.1%

Participation rate

97.2%

79.5%+17.7pp

82.4%+14.8pp

69.5%+27.7pp

Annual return

44.01%

32.43%+11.6pp

23.94%+20.1pp

28.90%+15.1pp

Employer contribution / active EE

$2,390

$3,689-35.2%

$4,158-42.5%

$2,042+17.0%

Participant deferral / active EE

$3,480

$5,308-34.4%

$5,097-31.7%

$3,169+9.8%

Admin fee / account holder

$378-99.0%

$5,943-99.9%

$479-99.2%

Provider

Service type

Compensation

MORNINGSTAR1 year

Service code 27 · EIN 36-3297908

Advisory (Plan)

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE

Service code 27 · EIN 71-0294708

Advisory (Plan)

CENTRAL ELECTRIC POWER ASSOCIATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL ELECTRIC POWER ASSOCIATION 401(K) 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