Retirement plan

SOUTH COAST GAS CO., INC. EMPLOYEES PROFIT SHARING PLAN

Name: SOUTH COAST GAS CO., INC. - SOUTH COAST GAS CO., INC. EMPLOYEES PROFIT SHARING PLAN (2016) Form 5500
Creator: SOUTH COAST GAS CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTH COAST GAS CO., INC. EMPLOYEES PROFIT SHARING PLAN, SOUTH COAST GAS CO., INC.

SOUTH COAST GAS CO., INC.EIN 72-0366882Plan #001PY 2016

P.O. BOX 470 - RACELAND, LA 70394985-537-5281LinkedIn11-50 employeesutilities

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.2M

No prior year

Total participants

No prior year

Average account balance

$73,727

No prior year

Annual return

-3.00%

No prior year

Benchmarks

See 530 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort530 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.18M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

109.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$101K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+14.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5545

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 codes2E3D2G2F

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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$319K

$11376 / participant

Other / not subdivided$319K100.0%

% of EOY assets

14.402%

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

$73,727

$66,764+10.4%

$88,497-16.7%

$62,881+17.2%

Participation rate

96.4%

77.3%+19.2pp

82.4%+14.0pp

69.3%+27.1pp

Annual return

-3.00%

10.37%-13.4pp

7.63%-10.6pp

20.14%-23.1pp

Employer contribution / active EE

$2,587

$3,077-15.9%

$4,036-35.9%

$2,281+13.4%

Participant deferral / active EE

$3,976-100.0%

$4,899-100.0%

$3,203-100.0%

Admin fee / account holder

$10,618

$4,668+127.5%

$6,220+70.7%

$4,296+147.2%

SOUTH COAST GAS CO., INC. EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTH COAST GAS CO., INC. EMPLOYEES PROFIT SHARING 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