Retirement plan

CALCASIEU TEACHERS AND EMPLOYEES CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Name: CALCASIEU TEACHERS & EMPLOYEES CREDIT UNION - CALCASIEU TEACHERS AND EMPLOYEES CREDIT UNION MONEY PURCHASE PLAN AND TRUST (2016) Form 5500
Creator: CALCASIEU TEACHERS & EMPLOYEES CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALCASIEU TEACHERS AND EMPLOYEES CREDIT UNION MONEY PURCHASE PLAN AND TRUST, CALCASIEU TEACHERS & EMPLOYEES CREDIT UNION

CALCASIEU TEACHERS & EMPLOYEES CREDIT UNIONEIN 72-0574910Plan #001PY 2016

2423 6TH ST - LAKE CHARLES, LA 706014819337-433-4525LinkedIn11-50 employeesfinancial services

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$641K

No prior year

Total participants

No prior year

Average account balance

$49,276

No prior year

Annual return

2.31%

No prior year

Benchmarks

See 227 peers

Peer group

IndustryUnknown

Plan typeDefined contribution

Participants<25

Cohort227 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 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

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-102.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2C2F2G3D

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.
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

$45K

$4979 / participant

Other / not subdivided$45K100.0%

% of EOY assets

6.995%

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

$49,276

$79,025-37.6%

$273,972-82.0%

Participation rate

88.9%

74.3%+14.6pp

83.0%+5.9pp

Annual return

2.31%

18.58%-16.3pp

41.46%-39.1pp

Employer contribution / active EE

$3,848

$4,094-6.0%

$4,869-21.0%

Participant deferral / active EE

$3,420-100.0%

$5,287-100.0%

Admin fee / account holder

$3,447

$13,337-74.2%

$10,133-66.0%

CALCASIEU TEACHERS AND EMPLOYEES CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALCASIEU TEACHERS AND EMPLOYEES CREDIT UNION MONEY PURCHASE PLAN AND TRUST

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