Retirement plan

HASKELL BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS

Name: HASKELL BANCSHARES, INC. - HASKELL BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS (2016) Form 5500
Creator: HASKELL BANCSHARES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HASKELL BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS, HASKELL BANCSHARES, INC.

HASKELL BANCSHARES, INC.EIN 75-1621758Plan #002PY 2016

601 N. FIRST STREET - HASKELL, TX 79521940-864-2631

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$3.5M

+3.5% from 2015

Total participants

-3.8% from 2015

Average account balance

$145,194

+3.5% from 2015

Annual return

-0.53%

-3.48 pp from 2015

Benchmarks

See 30,342 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort30,342 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.19M

Not enough data

1 years with asset history on file

Average account balance

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

$155K

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.

88.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$127K

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

+8.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4169

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

Top 1 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH, PIERCE, FENNER AND S Service code 33 · EIN 13-5674085	Securities brokerage	$2,023

Plan features & details

Pension benefit codes2O2I2H2J2K

Plan features

2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2I
Stock bonus
Stock bonus plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$5K

$226 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.149%

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

$145,194

$153,769-5.6%

$133,975+8.4%

$273,972-47.0%

Participation rate

95.7%

88.4%+7.3pp

87.1%+8.6pp

83.0%+12.6pp

Annual return

-0.53%

36.51%-37.0pp

29.29%-29.8pp

41.46%-42.0pp

Employer contribution / active EE

$1,773

$6,029-70.6%

$5,211-66.0%

$4,869-63.6%

Participant deferral / active EE

$4,147

$6,958-40.4%

$6,282-34.0%

$5,287-21.6%

Admin fee / account holder

$216

$11,765-98.2%

$9,324-97.7%

$10,133-97.9%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH, PIERCE, FENNER AND S

Service code 33 · EIN 13-5674085

Securities brokerage

$2,023

HASKELL BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HASKELL BANCSHARES, INC. ESOP WITH 401(K) PROVISIONS

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