Retirement plan

EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR S BUREAU, INC.

Name: ALBUQUERQUE CONVENTION AND VISITOR S BUREAU, INC. - EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR S BUREAU, INC. (2018) Form 5500
Creator: ALBUQUERQUE CONVENTION AND VISITOR S BUREAU, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR S BUREAU, INC., ALBUQUERQUE CONVENTION AND VISITOR S BUREAU, INC.

ALBUQUERQUE CONVENTION AND VISITOR S BUREAU, INC.EIN 85-0285280Plan #003PY 2018

20 FIRST PLAZA CTR NW STE 601 - ALBUQUERQUE, NM 871023354505-848-1161

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.6M

+12.3% from 2017

Total participants

+7.4% from 2017

Average account balance

$62,708

+4.6% from 2017

Annual return

8.80%

-4.87 pp from 2017

Benchmarks

See 3,192 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort3,192 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.89M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$278K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8186

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 codes2F2T3D

Plan features

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).
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

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

$64K

$1720 / participant

Other / not subdivided$64K100.0%

% of EOY assets

1.391%

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

$62,708

$32,117+95.2%

$71,089-11.8%

$64,173-2.3%

Participation rate

100.0%

42.7%+57.3pp

54.6%+45.4pp

69.6%+30.4pp

Annual return

8.80%

-5.57%+14.4pp

650.65%-641.8pp

7.63%+1.2pp

Employer contribution / active EE

$2,388

$712+235.3%

$1,088+119.6%

$2,381+0.3%

Participant deferral / active EE

$3,129

$1,263+147.8%

$1,873+67.1%

$3,470-9.8%

Admin fee / account holder

$872

$2,759-68.4%

$3,082-71.7%

$4,887-82.2%

EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR S BUREAU, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF ALBUQUERQUE CONVENTION AND VISITOR S BUREAU, INC.

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