Retirement plan

PENTAGON FEDERAL CREDIT UNION/FORT BUCHANAN 1165(E) RETIREMENT PLAN

Name: PENTAGON FEDERAL CREDIT UNION - PENTAGON FEDERAL CREDIT UNION/FORT BUCHANAN 1165(E) RETIREMENT PLAN (2016) Form 5500
Creator: PENTAGON FEDERAL CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PENTAGON FEDERAL CREDIT UNION/FORT BUCHANAN 1165(E) RETIREMENT PLAN, PENTAGON FEDERAL CREDIT UNION

PENTAGON FEDERAL CREDIT UNIONEIN 66-0206119Plan #001PY 2016

2930 EISENHOWER AVENUE - ALEXANDRIA, VA 22314703-838-1309LinkedIn1-10 employeescivic & social organization

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$588K

+5.4% from 2015

Total participants

+83.3% from 2015

Average account balance

$10,891

-41.4% from 2015

Annual return

5.15%

+3.87 pp from 2015

Benchmarks

See 30,342 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,342 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.44M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

130

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$702K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$63

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

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 codes2E2F2G2T3C

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.
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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$145K

$6060 / participant

Other / not subdivided$145K100.0%

% of EOY assets

24.731%

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

$10,891

$153,769-92.9%

$133,975-91.9%

$273,972-96.0%

Participation rate

95.8%

88.4%+7.5pp

87.1%+8.8pp

83.0%+12.8pp

Annual return

5.15%

36.51%-31.4pp

29.29%-24.1pp

41.46%-36.3pp

Employer contribution / active EE

$2,774

$6,029-54.0%

$5,211-46.8%

$4,869-43.0%

Participant deferral / active EE

$3,334

$6,958-52.1%

$6,282-46.9%

$5,287-36.9%

Admin fee / account holder

$2,693

$11,765-77.1%

$9,324-71.1%

$10,133-73.4%

PENTAGON FEDERAL CREDIT UNION/FORT BUCHANAN 1165(E) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PENTAGON FEDERAL CREDIT UNION/FORT BUCHANAN 1165(E) RETIREMENT 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