Retirement plan

MIDVALE TELEPHONE EXCHANGE EMPLOYEE STOCK OWNERSHIP PLAN

Name: MIDVALE TELEPHONE EXCHANGE, INC. - MIDVALE TELEPHONE EXCHANGE EMPLOYEE STOCK OWNERSHIP PLAN (2016) Form 5500
Creator: MIDVALE TELEPHONE EXCHANGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIDVALE TELEPHONE EXCHANGE EMPLOYEE STOCK OWNERSHIP PLAN, MIDVALE TELEPHONE EXCHANGE, INC.

MIDVALE TELEPHONE EXCHANGE, INC.EIN 82-0238162Plan #003PY 2016

2205 KEITHLY CREEK RD - MIDVALE, ID 836455019208-355-2211

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.5M

+24.3% from 2015

Total participants

-11.5% from 2015

Average account balance

$163,358

+40.5% from 2015

Annual return

25.64%

+35.56 pp from 2015

Benchmarks

See 530 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants25-99

Cohort530 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.40M

Not enough data

1 years with asset history on file

Average account balance

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

$132K

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

$459K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

-12.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18477

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 codes2I2O2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

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

$576K

$16463 / participant

Other / not subdivided$576K100.0%

% of EOY assets

7.668%

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

$163,358

$66,764+144.7%

$88,497+84.6%

$62,881+159.8%

Participation rate

100.0%

77.3%+22.7pp

82.4%+17.6pp

69.3%+30.7pp

Annual return

25.64%

10.37%+15.3pp

7.63%+18.0pp

20.14%+5.5pp

Employer contribution / active EE

$12,229

$3,077+297.4%

$4,036+203.0%

$2,281+436.1%

Participant deferral / active EE

$3,976-100.0%

$4,899-100.0%

$3,203-100.0%

Admin fee / account holder

$12,526

$4,668+168.3%

$6,220+101.4%

$4,296+191.6%

MIDVALE TELEPHONE EXCHANGE EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIDVALE TELEPHONE EXCHANGE EMPLOYEE STOCK OWNERSHIP 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