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 (2017) 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 2017

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

Other plans on this EIN

1 filing

#003Retirement-$3.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.5M

+19.7% from 2016

Total participants

+3.6% from 2016

Average account balance

$120,738

+15.5% from 2016

Annual return

12.99%

+5.77 pp from 2016

Benchmarks

See 7,574 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,574 peers

Snapshot2017

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

$79K

$2804 / participant

Other / not subdivided$79K100.0%

% of EOY assets

2.243%

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

$120,738

$100,060+20.7%

$149,721-19.4%

$70,126+72.2%

Participation rate

100.0%

83.6%+16.4pp

87.1%+12.9pp

69.5%+30.5pp

Annual return

12.99%

27.46%-14.5pp

1501.67%-1488.7pp

73.15%-60.2pp

Employer contribution / active EE

$5,760

$3,661+57.3%

$5,444+5.8%

$2,343+145.9%

Participant deferral / active EE

$3,997

$4,982-19.8%

$6,568-39.1%

$3,332+20.0%

Admin fee / account holder

$2,708

$8,285-67.3%

$11,282-76.0%

$4,645-41.7%

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