Retirement plan

SAN JOAQUIN RIVER EXCHANGE CONTRACTORS WATER AUTHORITY MONEY PURCHASE PLAN

Name: SAN JOAQUIN RIVER EXCHANGE CONTRACT AUTHORITY - SAN JOAQUIN RIVER EXCHANGE CONTRACTORS WATER AUTHORITY MONEY PURCHASE PLAN (2017) Form 5500
Creator: SAN JOAQUIN RIVER EXCHANGE CONTRACT AUTHORITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAN JOAQUIN RIVER EXCHANGE CONTRACTORS WATER AUTHORITY MONEY PURCHASE PLAN, SAN JOAQUIN RIVER EXCHANGE CONTRACT AUTHORITY

SAN JOAQUIN RIVER EXCHANGE CONTRACT AUTHORITYEIN 77-0334483Plan #001PY 2017

P.O. BOX 2115 - LOS BANOS, CA 936352115209-827-8616LinkedIn11-50 employees

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.2M

+0.2% from 2016

Total participants

-28.6% from 2016

Average account balance

$248,820

+40.3% from 2016

Annual return

9.87%

+4.41 pp from 2016

Benchmarks

See 4,832 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort4,832 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.60M

Not enough data

1 years with asset history on file

Average account balance

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

$371K

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

$126K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+11.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2922

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 codes3D2C2G2F

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$175K

$35095 / participant

Other / not subdivided$175K100.0%

% of EOY assets

14.104%

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

$248,820

$149,679+66.2%

$117,039+112.6%

$147,586+68.6%

Participation rate

100.0%

83.5%+16.5pp

77.2%+22.8pp

82.8%+17.2pp

Annual return

9.87%

19.31%-9.4pp

18.95%-9.1pp

578.59%-568.7pp

Employer contribution / active EE

$6,043

$4,937+22.4%

$3,785+59.7%

$4,876+23.9%

Participant deferral / active EE

$5,039

$4,912+2.6%

$3,929+28.2%

$5,439-7.3%

Admin fee / account holder

$35,095

$7,856+346.7%

$5,974+487.5%

$10,886+222.4%

SAN JOAQUIN RIVER EXCHANGE CONTRACTORS WATER AUTHORITY MONEY PURCHASE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAN JOAQUIN RIVER EXCHANGE CONTRACTORS WATER AUTHORITY MONEY PURCHASE 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