Retirement plan

RETIREMENT FUND PLAN OF THE SOUTHEAST ARKANSAS REGIONAL

Name: SOUTHEAST ARKANSAS REGIONAL PLANNING COMMISSION - RETIREMENT FUND PLAN OF THE SOUTHEAST ARKANSAS REGIONAL (2017) Form 5500
Creator: SOUTHEAST ARKANSAS REGIONAL PLANNING COMMISSION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETIREMENT FUND PLAN OF THE SOUTHEAST ARKANSAS REGIONAL, SOUTHEAST ARKANSAS REGIONAL PLANNING COMMISSION

SOUTHEAST ARKANSAS REGIONAL PLANNING COMMISSIONEIN 71-0431826Plan #001PY 2017

1300 OHIO STREET, SUITE B - PINE BLUFF, AR 71601870-534-4247searpc.comLinkedIn1-10 employees

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.4M

+6.6% from 2016

Total participants

0.0% from 2016

Average account balance

$235,816

+6.6% from 2016

Annual return

7.91%

+1.80 pp from 2016

Benchmarks

See 152 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Cohort152 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$749K

Not enough data

1 years with asset history on file

Average account balance

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

$125K

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.

300.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14K

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

+9.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11181

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 codes2C2G3F

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$40K

Other / not subdivided$40K100.0%

% of EOY assets

2.802%

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

$235,816

$81,070+190.9%

$86,582+172.4%

Participation rate

0.0%

69.8%-69.8pp

73.5%-73.5pp

Annual return

7.91%

13.68%-5.8pp

965.08%-957.2pp

Employer contribution / active EE

$2,009-100.0%

$2,839-100.0%

Participant deferral / active EE

$3,009-100.0%

$3,609-100.0%

Admin fee / account holder

$6,607

$2,785+137.3%

$4,904+34.7%

RETIREMENT FUND PLAN OF THE SOUTHEAST ARKANSAS REGIONAL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETIREMENT FUND PLAN OF THE SOUTHEAST ARKANSAS REGIONAL

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