Retirement plan

CORPUS CHRISTI ELECTRIC COMPANY, INC. PROFIT SHARING PLAN

Name: CORPUS CHRISTI ELECTRIC CO., INC. - CORPUS CHRISTI ELECTRIC COMPANY, INC. PROFIT SHARING PLAN (2017) Form 5500
Creator: CORPUS CHRISTI ELECTRIC CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORPUS CHRISTI ELECTRIC COMPANY, INC. PROFIT SHARING PLAN, CORPUS CHRISTI ELECTRIC CO., INC.

CORPUS CHRISTI ELECTRIC CO., INC.EIN 74-1207208Plan #001PY 2017

2323 LEOPARD, PO BOX 2884 - CORPUS CHRISTI, TX 784032884361-882-2564cc-electric.comLinkedIn11-50 employeeswholesale

Other plans on this EIN

1 filing

#002Retirement-$2.1M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.8M

+13.6% from 2016

Total participants

-7.0% from 2016

Average account balance

$220,940

+22.1% from 2016

Annual return

14.70%

+8.07 pp from 2016

Benchmarks

See 9,327 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,327 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.16M

Not enough data

1 years with asset history on file

Average account balance

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

$195K

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.

109.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$529K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+15.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11673

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 codes2E2F2G2J2T3D

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.
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.
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

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

$480K

$11991 / participant

Other / not subdivided$480K100.0%

% of EOY assets

5.427%

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

$220,940

$78,707+180.7%

$117,861+87.5%

$70,126+215.1%

Participation rate

100.0%

73.2%+26.8pp

79.7%+20.3pp

69.5%+30.5pp

Annual return

14.70%

23.30%-8.6pp

335.11%-320.4pp

73.15%-58.5pp

Employer contribution / active EE

$2,599

$2,223+16.9%

$3,786-31.3%

$2,343+11.0%

Participant deferral / active EE

$5,563

$3,297+68.7%

$4,482+24.1%

$3,332+67.0%

Admin fee / account holder

$11,991

$5,066+136.7%

$8,021+49.5%

$4,645+158.1%

CORPUS CHRISTI ELECTRIC COMPANY, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORPUS CHRISTI ELECTRIC COMPANY, INC. PROFIT SHARING 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