Retirement plan

SHARYLAND WATER SUPPLY CORP EMPLOYEES RETIREMENT PLAN

Name: SHARYLAND WATER SUPPLY CORPORATION - SHARYLAND WATER SUPPLY CORP EMPLOYEES RETIREMENT PLAN (2017) Form 5500
Creator: SHARYLAND WATER SUPPLY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHARYLAND WATER SUPPLY CORP EMPLOYEES RETIREMENT PLAN, SHARYLAND WATER SUPPLY CORPORATION

SHARYLAND WATER SUPPLY CORPORATIONEIN 74-1620231Plan #001PY 2017

P.O. BOX 1868 - MISSION, TX 785730031956-585-6081LinkedIn1-10 employeesmechanical or industrial engineering

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+13.3% from 2016

Total participants

+8.8% from 2016

Average account balance

$62,918

+0.4% from 2016

Annual return

8.27%

+3.60 pp from 2016

Benchmarks

See 538 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort538 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.01M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

90.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$313K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13459

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 codes2C2F2G2T

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.
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

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

$93K

$2649 / participant

Other / not subdivided$93K100.0%

% of EOY assets

4.210%

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

$62,918

$75,963-17.2%

$97,995-35.8%

$70,126-10.3%

Participation rate

94.3%

77.0%+17.3pp

82.4%+11.9pp

69.5%+24.7pp

Annual return

8.27%

19.26%-11.0pp

23.94%-15.7pp

73.15%-64.9pp

Employer contribution / active EE

$2,718

$3,278-17.1%

$4,158-34.6%

$2,343+16.0%

Participant deferral / active EE

$2,737

$4,053-32.5%

$5,097-46.3%

$3,332-17.9%

Admin fee / account holder

$2,649

$5,407-51.0%

$5,943-55.4%

$4,645-43.0%

SHARYLAND WATER SUPPLY CORP EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHARYLAND WATER SUPPLY CORP EMPLOYEES 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