Retirement plan

COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA EXECUTIVE SALARY DEFERRAL

Name: COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA - COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA EXECUTIVE SALARY DEFERRAL (2015) Form 5500
Creator: COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA EXECUTIVE SALARY DEFERRAL, COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA

COOPERATIVA DE AHORRO Y CREDITO VEGA ALTAEIN 66-0214784Plan #002PY 2015

PO BOX 1078 - VEGA ALTA, PR 00692787-883-4360

Other plans on this EIN

1 filing

#003Retirement-$2.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

No prior year

Total participants

No prior year

Average account balance

$93,878

No prior year

Annual return

0.89%

No prior year

Benchmarks

See 7,498 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,498 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.50M

Not enough data

1 years with asset history on file

Average account balance

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

$203K

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.

115.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$440K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+10.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$298

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 codes2E2F2G2J3C

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

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$38K

$1181 / participant

Other / not subdivided$38K100.0%

% of EOY assets

1.491%

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

$93,878

$82,028+14.4%

$123,105-23.7%

$59,633+57.4%

Participation rate

84.4%

83.2%+1.2pp

86.8%-2.4pp

68.7%+15.7pp

Annual return

0.89%

5.12%-4.2pp

13.22%-12.3pp

2041.45%-2040.6pp

Employer contribution / active EE

$3,144

$3,297-4.6%

$5,151-39.0%

$2,203+42.7%

Participant deferral / active EE

$3,388

$4,667-27.4%

$6,229-45.6%

$3,192+6.2%

Admin fee / account holder

$1,399

$5,879-76.2%

$9,014-84.5%

$4,297-67.4%

COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA EXECUTIVE SALARY DEFERRAL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA EXECUTIVE SALARY DEFERRAL

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