Retirement plan

COOPERATIVE TEACHERS CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Name: COOPERATIVE TEACHERS CREDIT UNION - COOPERATIVE TEACHERS CREDIT UNION MONEY PURCHASE PLAN AND TRUST (2017) Form 5500
Creator: COOPERATIVE TEACHERS CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COOPERATIVE TEACHERS CREDIT UNION MONEY PURCHASE PLAN AND TRUST, COOPERATIVE TEACHERS CREDIT UNION

COOPERATIVE TEACHERS CREDIT UNIONEIN 75-0905956Plan #001PY 2017

1424 W SOUTHWEST LOOP 323 - TYLER, TX 757019347903-561-2603LinkedIn1-10 employeesbanking

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$280K

+40.0% from 2016

Total participants

-6.7% from 2016

Average account balance

$21,573

+61.5% from 2016

Annual return

26.75%

+25.64 pp from 2016

Benchmarks

See 30,802 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,802 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$710K

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

112.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$109K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$81

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 codes2C3D2D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$20K

$2526 / participant

Other / not subdivided$20K100.0%

% of EOY assets

7.205%

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

$21,573

$171,867-87.4%

$149,718-85.6%

$147,585-85.4%

Participation rate

87.5%

88.2%-0.7pp

87.1%+0.4pp

82.8%+4.7pp

Annual return

26.75%

2113.36%-2086.6pp

1501.70%-1475.0pp

578.57%-551.8pp

Employer contribution / active EE

$5,768

$6,275-8.1%

$5,444+5.9%

$4,876+18.3%

Participant deferral / active EE

$7,270-100.0%

$6,568-100.0%

$5,439-100.0%

Admin fee / account holder

$1,554

$13,799-88.7%

$11,283-86.2%

$10,885-85.7%

COOPERATIVE TEACHERS CREDIT UNION MONEY PURCHASE PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COOPERATIVE TEACHERS CREDIT UNION MONEY PURCHASE PLAN AND TRUST

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