Retirement plan

165(E) SAVINGS DEFERRED RETIREMENT PLAN FOR ERICSSON CARIBBEAN EMPLOYEES

Name: ERICSSON CARIBBEAN, INC. - 165(E) SAVINGS DEFERRED RETIREMENT PLAN FOR ERICSSON CARIBBEAN EMPLOYEES (2015) Form 5500
Creator: ERICSSON CARIBBEAN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 165(E) SAVINGS DEFERRED RETIREMENT PLAN FOR ERICSSON CARIBBEAN EMPLOYEES, ERICSSON CARIBBEAN, INC.

ERICSSON CARIBBEAN, INC.EIN 66-0473345Plan #001PY 2015

#48 CARR 162, CITY VIEW PLAZA STE 6010 - GUAYNABO, PR 009688069

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$2.7M

No prior year

Total participants

No prior year

Average account balance

$35,709

No prior year

Annual return

-4.91%

No prior year

Benchmarks

See 2,754 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort2,754 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.61M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$227K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7571

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$211

$3 / participant

Other / not subdivided$211100.0%

% of EOY assets

0.008%

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

$35,709

$52,911-32.5%

$73,309-51.3%

$59,633-40.1%

Participation rate

80.6%

68.2%+12.3pp

74.9%+5.6pp

68.7%+11.9pp

Annual return

-4.91%

12.20%-17.1pp

5.67%-10.6pp

2041.45%-2046.4pp

Employer contribution / active EE

$2,017

$1,909+5.7%

$3,237-37.7%

$2,203-8.4%

Participant deferral / active EE

$4,167

$4,069+2.4%

$4,991-16.5%

$3,192+30.5%

Admin fee / account holder

$3,835-99.9%

$5,635-100.0%

$4,297-99.9%

165(E) SAVINGS DEFERRED RETIREMENT PLAN FOR ERICSSON CARIBBEAN EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

165(E) SAVINGS DEFERRED RETIREMENT PLAN FOR ERICSSON CARIBBEAN EMPLOYEES

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