Retirement plan

403(B) THRIFT PLAN OF RURAL ENTERPRISES OF OKLAHOMA, INC.

Name: RURAL ENTERPRISES OF OKLAHOMA, INC. - 403(B) THRIFT PLAN OF RURAL ENTERPRISES OF OKLAHOMA, INC. (2016) Form 5500
Creator: RURAL ENTERPRISES OF OKLAHOMA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF RURAL ENTERPRISES OF OKLAHOMA, INC., RURAL ENTERPRISES OF OKLAHOMA, INC.

RURAL ENTERPRISES OF OKLAHOMA, INC.EIN 73-1129417Plan #001PY 2016

PO BOX 1335 - DURANT, OK 74702800-658-2823

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.6M

+16.9% from 2015

Total participants

-5.3% from 2015

Average account balance

$103,920

+23.5% from 2015

Annual return

11.37%

+10.53 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.42M

Not enough data

1 years with asset history on file

Average account balance

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

$178K

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.

143.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$504K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+15.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9881

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 codes2L2T

Plan features

2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract 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

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

$163K

$4519 / participant

Other / not subdivided$163K100.0%

% of EOY assets

4.473%

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

$103,920

$48,078+116.2%

$78,676+32.1%

$62,881+65.3%

Participation rate

97.2%

65.2%+32.0pp

73.6%+23.7pp

69.3%+27.9pp

Annual return

11.37%

31.36%-20.0pp

62.19%-50.8pp

20.14%-8.8pp

Employer contribution / active EE

$3,966

$2,015+96.9%

$2,850+39.1%

$2,281+73.9%

Participant deferral / active EE

$5,293

$2,587+104.6%

$3,517+50.5%

$3,203+65.3%

Admin fee / account holder

$4,648

$3,206+45.0%

$4,510+3.1%

$4,296+8.2%

403(B) THRIFT PLAN OF RURAL ENTERPRISES OF OKLAHOMA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF RURAL ENTERPRISES OF OKLAHOMA, INC.

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