Retirement plan

NORTH BOUND EXPLORATION CO, INC 401(K) RETIREMENT PLAN

Name: NORTH BOUND EXPLORATION COMPANY, INC. - NORTH BOUND EXPLORATION CO, INC 401(K) RETIREMENT PLAN (2019) Form 5500
Creator: NORTH BOUND EXPLORATION COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH BOUND EXPLORATION CO, INC 401(K) RETIREMENT PLAN, NORTH BOUND EXPLORATION COMPANY, INC.

NORTH BOUND EXPLORATION COMPANY, INC.EIN 73-1517711Plan #001PY 2019

PO BOX 863 - PAULS VALLEY, OK 73075405-238-5650

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$704K

+4.0% from 2018

Total participants

-75.0% from 2018

Average account balance

$703,907

+108.0% from 2018

Annual return

4.00%

-12.55 pp from 2018

Benchmarks

See 1,379 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,379 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.36M

Not enough data

1 years with asset history on file

Average account balance

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

$1.4M

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 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

+27.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70000

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 codes2E2F2G2J2R3D

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$703,907

$102,828+584.6%

$105,387+567.9%

$152,885+360.4%

Participation rate

100.0%

83.8%+16.2pp

82.6%+17.4pp

82.5%+17.5pp

Annual return

4.00%

20.85%-16.9pp

26.82%-22.8pp

345.39%-341.4pp

Employer contribution / active EE

$4,473-100.0%

$4,213-100.0%

$4,763-100.0%

Participant deferral / active EE

$5,465-100.0%

$5,502-100.0%

$5,851-100.0%

Admin fee / account holder

$8,683-100.0%

$6,559-100.0%

$11,598-100.0%

NORTH BOUND EXPLORATION CO, INC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

NORTH BOUND EXPLORATION CO, INC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion