Retirement plan

ROCKY MOUNTAIN DEVELOPMENT COUNCIL RETIREMENT PLAN AND TRUST

Name: ROCKY MOUNTAIN DEVELOPMENT COUNCIL, INC. - ROCKY MOUNTAIN DEVELOPMENT COUNCIL RETIREMENT PLAN AND TRUST (2017) Form 5500
Creator: ROCKY MOUNTAIN DEVELOPMENT COUNCIL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROCKY MOUNTAIN DEVELOPMENT COUNCIL RETIREMENT PLAN AND TRUST, ROCKY MOUNTAIN DEVELOPMENT COUNCIL, INC.

ROCKY MOUNTAIN DEVELOPMENT COUNCIL, INC.EIN 81-0296458Plan #001PY 2017

PO BOX 1717 - HELENA, MT 596241717406-447-1680rmdc.netLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$3.7M

-4.1% from 2016

Total participants

205

-1.4% from 2016

Average account balance

$24,128

-0.4% from 2016

Annual return

10.02%

+7.51 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.34M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

153

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.

76.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$267K

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

+11.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$224

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
EMPLOYEE BENEFIT RESOURCES, INC.2+ years Service code 10 · EIN 45-3983343 828 GREAT NORTHERN BOULEVARD · HELENA, MT 59601	Accounting	$9,003
DOUGLAS WILSON & CO.2+ years Service code 10 · EIN 81-0446334 1000 1ST AVE. SOUTH · GREAT FALLS, MT 59401	Accounting	$7,480
AMERICAN FUNDS2+ years Filed as: AMERICAN FUNDS SERVICE CO. Service code 15 · EIN 95-6817943 P.O. BOX 6040 · INDIANAPOLIS, IN 462066040	Recordkeeping	$1,050
FINANCIAL NETWORK INVESTMENT CORP2+ years Filed as: FINANCIAL NETWORK INVESTMENT CORP. Service code 63 · EIN 95-3845382 200 N. SEPULVEDA BLVD. · EL SEGUNDO, CA 902455672	12b-1 Fees	$0

Plan features & details

Pension benefit codes2E3D2H2J2K3H2T2F

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).
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$18K

$110 / participant

Contract admin$1K6.0%
Other / not subdivided$16K94.0%

% of EOY assets

0.469%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DOUGLAS WILSON & CO.
Auditor EIN: 810446334
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,128

$50,637-52.4%

$86,582-72.1%

$62,293-61.3%

Participation rate

68.6%

67.9%+0.7pp

73.5%-5.0pp

69.5%-1.0pp

Annual return

10.02%

20.80%-10.8pp

965.08%-955.1pp

28.90%-18.9pp

Employer contribution / active EE

$551

$2,075-73.5%

$2,839-80.6%

$2,042-73.0%

Participant deferral / active EE

$880

$2,611-66.3%

$3,609-75.6%

$3,169-72.2%

Admin fee / account holder

$113

$413-72.6%

$4,904-97.7%

$479-76.4%

Provider

Service type

Compensation

EMPLOYEE BENEFIT RESOURCES, INC.2+ years

Service code 10 · EIN 45-3983343

828 GREAT NORTHERN BOULEVARD · HELENA, MT 59601

Accounting

$9,003

DOUGLAS WILSON & CO.2+ years

Service code 10 · EIN 81-0446334

1000 1ST AVE. SOUTH · GREAT FALLS, MT 59401

Accounting

$7,480

AMERICAN FUNDS2+ years

Filed as: AMERICAN FUNDS SERVICE CO.

Service code 15 · EIN 95-6817943

P.O. BOX 6040 · INDIANAPOLIS, IN 462066040

Recordkeeping

$1,050

FINANCIAL NETWORK INVESTMENT CORP2+ years

Filed as: FINANCIAL NETWORK INVESTMENT CORP.

Service code 63 · EIN 95-3845382

200 N. SEPULVEDA BLVD. · EL SEGUNDO, CA 902455672

12b-1 Fees

ROCKY MOUNTAIN DEVELOPMENT COUNCIL RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROCKY MOUNTAIN DEVELOPMENT COUNCIL RETIREMENT PLAN AND TRUST

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