Retirement plan

PR CONVENTION CENTER DISTRICT RETIREMENT & MONEY PURCHASE PLAN

Name: AUTORIDAD DEL DISTRITO DEL CENTRO DE CONVENCIONES - PR CONVENTION CENTER DISTRICT RETIREMENT & MONEY PURCHASE PLAN (2015) Form 5500
Creator: AUTORIDAD DEL DISTRITO DEL CENTRO DE CONVENCIONES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PR CONVENTION CENTER DISTRICT RETIREMENT & MONEY PURCHASE PLAN, AUTORIDAD DEL DISTRITO DEL CENTRO DE CONVENCIONES

AUTORIDAD DEL DISTRITO DEL CENTRO DE CONVENCIONESEIN 66-0612633Plan #001PY 2015

100 CONVENTION BOULEVARD - SAN JUAN, PR 00907787-722-3309

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$529K

No prior year

Total participants

No prior year

Average account balance

$25,191

No prior year

Annual return

-0.61%

No prior year

Benchmarks

See 30,163 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort30,163 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.09M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

191.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$84K

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

+10.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2391

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 codes2C2F2G2S2T3C

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$46K

$2204 / participant

Other / not subdivided$46K100.0%

% of EOY assets

8.748%

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

$25,191

$87,544-71.2%

$75,784-66.8%

$125,388-79.9%

Participation rate

95.2%

80.2%+15.1pp

75.8%+19.4pp

83.2%+12.0pp

Annual return

-0.61%

13.49%-14.1pp

9.68%-10.3pp

282.24%-282.8pp

Employer contribution / active EE

$2,579

$3,930-34.4%

$3,323-22.4%

$4,866-47.0%

Participant deferral / active EE

$1,466

$4,229-65.3%

$3,652-59.9%

$5,352-72.6%

Admin fee / account holder

$2,204

$6,502-66.1%

$5,300-58.4%

$9,541-76.9%

PR CONVENTION CENTER DISTRICT RETIREMENT & MONEY PURCHASE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PR CONVENTION CENTER DISTRICT RETIREMENT & MONEY PURCHASE 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