Retirement plan

ST. REGIS MOHAWK TRIBAL GENERAL FUND 401(K) PLAN

Name: ST. REGIS MOHAWK TRIBE - ST. REGIS MOHAWK TRIBAL GENERAL FUND 401(K) PLAN (2016) Form 5500
Creator: ST. REGIS MOHAWK TRIBE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. REGIS MOHAWK TRIBAL GENERAL FUND 401(K) PLAN, ST. REGIS MOHAWK TRIBE

ST. REGIS MOHAWK TRIBEEIN 74-3199599Plan #001PY 2016

412 STATE ROUTE 37 - AKWESASNE, NY 13665518-358-2272srmt-nsn.govLinkedIn11-50 employeesgovernment administration

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.8M

+10.6% from 2015

Total participants

+19.8% from 2015

Average account balance

$28,959

-7.6% from 2015

Annual return

6.69%

+7.14 pp from 2015

Benchmarks

See 107 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants25-99

Cohort107 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.82M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

95.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$434K

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

+12.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4318

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 codes2E2F2G2J3D

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.
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

$219K

$2633 / participant

Other / not subdivided$219K100.0%

% of EOY assets

7.779%

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

$28,959

$39,534-26.7%

$46,225-37.4%

$62,881-53.9%

Participation rate

100.0%

74.6%+25.4pp

79.5%+20.5pp

69.3%+30.7pp

Annual return

6.69%

8.93%-2.2pp

7.57%-0.9pp

20.14%-13.5pp

Employer contribution / active EE

$1,897

$2,646-28.3%

$3,424-44.6%

$2,281-16.8%

Participant deferral / active EE

$1,938

$2,681-27.7%

$3,776-48.7%

$3,203-39.5%

Admin fee / account holder

$2,253

$2,464-8.6%

$3,519-36.0%

$4,296-47.6%

ST. REGIS MOHAWK TRIBAL GENERAL FUND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. REGIS MOHAWK TRIBAL GENERAL FUND 401(K) 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