Retirement plan

SHERWOOD COUNTRY CLUB 401(K) PLAN

Name: SHERWOOD COUNTRY CLUB - SHERWOOD COUNTRY CLUB 401(K) PLAN (2019) Form 5500
Creator: SHERWOOD COUNTRY CLUB
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHERWOOD COUNTRY CLUB 401(K) PLAN, SHERWOOD COUNTRY CLUB

SHERWOOD COUNTRY CLUBEIN 77-0228228Plan #001PY 2019

320 W. STAFFORD RD. - THOUSAND OAKS, CA 91361805-267-4501sherwoodcc.comLinkedIn51-200 employeesrecreational facilities and services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.9M

+39.0% from 2018

Total participants

181

+54.7% from 2018

Average account balance

$46,286

+7.6% from 2018

Annual return

22.12%

+30.78 pp from 2018

Benchmarks

See 601 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants100-249

Cohort601 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.53M

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.

184

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.

55.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$891K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Filed as: NATIONWIDE INSURANCE Service code 15 · EIN 31-4156830	Recordkeeping	$8,581
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 26 · EIN 34-1542819	Advisory (Participants)	$7,054

Plan features & details

Pension benefit codes2F2G2J2K2T3D2E

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.
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.
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: EGAN AND EGAN
Auditor EIN: 954326198
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$46,286

$46,722-0.9%

$130,660-64.6%

$65,185-29.0%

Participation rate

30.4%

60.9%-30.5pp

71.7%-41.3pp

70.2%-39.8pp

Annual return

22.12%

24.17%-2.0pp

1709.29%-1687.2pp

29.38%-7.3pp

Employer contribution / active EE

$646

$1,488-56.5%

$4,092-84.2%

$2,177-70.3%

Participant deferral / active EE

$1,592

$2,545-37.5%

$3,603-55.8%

$3,514-54.7%

Admin fee / account holder

$453-100.0%

$5,463-100.0%

$847-100.0%

Provider

Service type

Compensation

NATIONWIDE1 year

Filed as: NATIONWIDE INSURANCE

Service code 15 · EIN 31-4156830

Recordkeeping

$8,581

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO CLEARING SERVICES, LLC

Service code 26 · EIN 34-1542819

Advisory (Participants)

$7,054

SHERWOOD COUNTRY CLUB 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHERWOOD COUNTRY CLUB 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