Retirement plan

PALM BEACH COUNTY SPORTS COMMISSION 401(K) PLAN AND TRUST

Name: PALM BEACH COUNTY SPORTS COMMISSION - PALM BEACH COUNTY SPORTS COMMISSION 401(K) PLAN AND TRUST (2017) Form 5500
Creator: PALM BEACH COUNTY SPORTS COMMISSION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PALM BEACH COUNTY SPORTS COMMISSION 401(K) PLAN AND TRUST, PALM BEACH COUNTY SPORTS COMMISSION

PALM BEACH COUNTY SPORTS COMMISSIONEIN 65-0641013Plan #001PY 2017

2195 SOUTHERN BLVD., SUITE 550 - WEST PALM BEACH, FL 33401561-233-3180LinkedIn11-50 employeessports

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$225K

+65.9% from 2016

Total participants

0.0% from 2016

Average account balance

$18,743

+79.7% from 2016

Annual return

21.73%

+0.69 pp from 2016

Benchmarks

See 6,540 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort6,540 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$756K

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$125K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+13.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4878

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 codes2E2F2G2J2T3D

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.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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

$647

$65 / participant

Other / not subdivided$647100.0%

% of EOY assets

0.288%

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

$18,743

$165,912-88.7%

$122,342-84.7%

$147,585-87.3%

Participation rate

90.0%

79.6%+10.4pp

71.6%+18.4pp

82.8%+7.2pp

Annual return

21.73%

34.55%-12.8pp

30.28%-8.5pp

578.57%-556.8pp

Employer contribution / active EE

$3,790

$5,754-34.1%

$4,051-6.4%

$4,876-22.3%

Participant deferral / active EE

$2,221

$4,005-44.5%

$3,287-32.4%

$5,439-59.2%

Admin fee / account holder

$54

$7,424-99.3%

$5,478-99.0%

$10,885-99.5%

PALM BEACH COUNTY SPORTS COMMISSION 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PALM BEACH COUNTY SPORTS COMMISSION 401(K) PLAN AND TRUST

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