Retirement plan

THE GLEN SYSTEM RETIREMENT PLAN

Name: GLEN RETIREMENT SYSTEM - THE GLEN SYSTEM RETIREMENT PLAN (2016) Form 5500
Creator: GLEN RETIREMENT SYSTEM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE GLEN SYSTEM RETIREMENT PLAN, GLEN RETIREMENT SYSTEM

GLEN RETIREMENT SYSTEMEIN 72-0428013Plan #001PY 2016

403 E FLOURNOY LUCAS RD - SHREVEPORT, LA 71115318-798-3500

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.2M

+2.1% from 2015

Total participants

211

-16.3% from 2015

Average account balance

$19,164

+24.5% from 2015

Annual return

6.86%

+5.95 pp from 2015

Benchmarks

See 875 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort875 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.32M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

102

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.

42.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$176K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$737

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

+12.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3664

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

Top 2 by compensation

Provider	Service type	Compensation
EPIC RETIREMENT PLAN SERVICES2+ years Filed as: EPIC ADVISORS, INC. Service code 15 · EIN 16-1450952	Recordkeeping	$6,401
BANCORPSOUTH BANK2+ years Filed as: BANCORPSOUTH ASSET MGMT & TRUST Service code 21 · EIN 64-0782370	Bank Trustee	$0

Plan features & details

Pension benefit codes2F2G2K2M2T

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$6K

$34 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.293%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HEARD, MCELROY & VESTAL, LLC
Auditor EIN: 720398470
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,164

$25,723-25.5%

$69,182-72.3%

$55,167-65.3%

Participation rate

49.2%

39.4%+9.8pp

55.1%-5.9pp

69.0%-19.8pp

Annual return

6.86%

9.56%-2.7pp

-21.93%+28.8pp

169.23%-162.4pp

Employer contribution / active EE

$480-100.0%

$1,206-100.0%

$1,963-100.0%

Participant deferral / active EE

$383

$963-60.2%

$1,897-79.8%

$3,054-87.5%

Admin fee / account holder

$56

$365-84.6%

$2,697-97.9%

$504-88.9%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES2+ years

Filed as: EPIC ADVISORS, INC.

Service code 15 · EIN 16-1450952

Recordkeeping

$6,401

BANCORPSOUTH BANK2+ years

Filed as: BANCORPSOUTH ASSET MGMT & TRUST

Service code 21 · EIN 64-0782370

Bank Trustee

THE GLEN SYSTEM RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE GLEN SYSTEM RETIREMENT 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