Retirement plan

PANAMA CITY EMPLOYERS-ALA LOCAL NUMBER 1482 MONEY PURCHASE PENSION PLAN

Name: PANAMA CITY EMPLOYERS-ALA LOCAL NUMBER 1482 - PANAMA CITY EMPLOYERS-ALA LOCAL NUMBER 1482 MONEY PURCHASE PENSION PLAN (2016) Form 5500
Creator: PANAMA CITY EMPLOYERS-ALA LOCAL NUMBER 1482
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PANAMA CITY EMPLOYERS-ALA LOCAL NUMBER 1482 MONEY PURCHASE PENSION PLAN, PANAMA CITY EMPLOYERS-ALA LOCAL NUMBER 1482

PANAMA CITY EMPLOYERS-ALA LOCAL NUMBER 1482EIN 80-0218617Plan #002PY 2016

4619 MAIN STREET, SUITE A - MOSS POINT, MS 395633939228-475-8687

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$2.7M

No prior year

Total participants

No prior year

Average account balance

No prior year

Annual return

6.35%

No prior year

Benchmarks

See 3,429 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,429 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.56M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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

$60K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12377

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 codes2C

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.

Opportunity flags

1 tripped

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

$68K

$1744 / participant

Other / not subdivided$68K100.0%

% of EOY assets

2.546%

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

$47,944-100.0%

$67,834-100.0%

$62,881-100.0%

Participation rate

0.0%

61.1%-61.1pp

68.8%-68.8pp

69.3%-69.3pp

Annual return

6.35%

11.77%-5.4pp

138.47%-132.1pp

20.14%-13.8pp

Employer contribution / active EE

$7,363

$1,562+371.4%

$2,403+206.4%

$2,281+222.8%

Participant deferral / active EE

$2,247-100.0%

$3,160-100.0%

$3,203-100.0%

Admin fee / account holder

$3,712-100.0%

$4,622-100.0%

$4,296-100.0%

PANAMA CITY EMPLOYERS-ALA LOCAL NUMBER 1482 MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PANAMA CITY EMPLOYERS-ALA LOCAL NUMBER 1482 MONEY PURCHASE PENSION 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