Retirement plan

STEAMBOAT 401K SAVINGS AND RETIREMENT PLAN

Name: NEW ORLEANS STEAMBOAT COMPANY - STEAMBOAT 401K SAVINGS AND RETIREMENT PLAN (2016) Form 5500
Creator: NEW ORLEANS STEAMBOAT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEAMBOAT 401K SAVINGS AND RETIREMENT PLAN, NEW ORLEANS STEAMBOAT COMPANY

NEW ORLEANS STEAMBOAT COMPANYEIN 72-0720511Plan #001PY 2016

600 DECATUR STREET, SUITE 308 - NEW ORLEANS, LA 701301034504-587-0722neworleanssteamboat.comLinkedIn51-200 employeeshospitality

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$4.2M

+12.3% from 2015

Total participants

152

+10.9% from 2015

Average account balance

$53,655

-3.5% from 2015

Annual return

5.21%

+7.34 pp from 2015

Benchmarks

See 1,015 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,015 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.84M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

46.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$442K

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

+8.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3087

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 1 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS2+ years Filed as: WEALTHHARBOR CAPITAL GROUP Service code 51 · EIN 72-1442258 365 CANAL STREET, SUITE 3050 · NEW ORLEANS, LA 70130	Investment Mgmt Fees	$34,296

Plan features & details

Pension benefit codes2F2G2J2K

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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.

Opportunity flags

2 tripped

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

$36K

$252 / participant

Investment mgmt$34K96.0%
Contract admin$1K4.0%

% of EOY assets

0.854%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ERICKSEN KRENTEL LLP
Auditor EIN: 720549733
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,655

$44,425+20.8%

$67,834-20.9%

$55,167-2.7%

Participation rate

47.9%

59.7%-11.8pp

68.8%-20.9pp

69.0%-21.1pp

Annual return

5.21%

17.80%-12.6pp

138.47%-133.3pp

169.23%-164.0pp

Employer contribution / active EE

$985

$1,351-27.1%

$2,403-59.0%

$1,963-49.8%

Participant deferral / active EE

$1,809

$2,166-16.5%

$3,160-42.7%

$3,054-40.8%

Admin fee / account holder

$458

$530-13.6%

$4,622-90.1%

$504-9.1%

Provider

Service type

Compensation

AMERICAN FUNDS2+ years

Filed as: WEALTHHARBOR CAPITAL GROUP

Service code 51 · EIN 72-1442258

365 CANAL STREET, SUITE 3050 · NEW ORLEANS, LA 70130

Investment Mgmt Fees

$34,296

STEAMBOAT 401K SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEAMBOAT 401K SAVINGS AND 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