Retirement plan

CONCHO VALLEY WORKFORCE DEVELOPMENT BOARD 401(K) PROFIT SHARING PLAN

Name: CONCHO VALLEY WORKFORCE DEVELOPMENT - CONCHO VALLEY WORKFORCE DEVELOPMENT BOARD 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: CONCHO VALLEY WORKFORCE DEVELOPMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONCHO VALLEY WORKFORCE DEVELOPMENT BOARD 401(K) PROFIT SHARING PLAN, CONCHO VALLEY WORKFORCE DEVELOPMENT

CONCHO VALLEY WORKFORCE DEVELOPMENTEIN 75-2725398Plan #001PY 2018

36 E TWOHIG SUITE 805 - SAN ANGELO, TX 769036471325-655-2005LinkedIn11-50 employeesmanagement consulting

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1M

-6.4% from 2017

Total participants

+27.3% from 2017

Average account balance

$94,330

-6.4% from 2017

Annual return

13.71%

+1.48 pp from 2017

Benchmarks

See 12,593 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort12,593 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$352K

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+20.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$120

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 codes2C2E2G2J

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
2E
Profit-sharing
Profit-sharing plan.
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.

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

$347K

$31576 / participant

Other / not subdivided$347K100.0%

% of EOY assets

33.474%

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

$94,330

$95,188-0.9%

$76,518+23.3%

$135,379-30.3%

Participation rate

72.7%

74.4%-1.7pp

68.0%+4.7pp

82.6%-9.9pp

Annual return

13.71%

4.85%+8.9pp

-0.27%+14.0pp

519.79%-506.1pp

Employer contribution / active EE

$3,103

$3,303-6.1%

$2,647+17.2%

$4,779-35.1%

Participant deferral / active EE

$7,717

$4,640+66.3%

$3,836+101.2%

$5,609+37.6%

Admin fee / account holder

$31,576

$6,249+405.3%

$4,849+551.2%

$10,828+191.6%

CONCHO VALLEY WORKFORCE DEVELOPMENT BOARD 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONCHO VALLEY WORKFORCE DEVELOPMENT BOARD 401(K) 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