Retirement plan

ALBUQUERQUE PUBLISHING COMPANY 401(K) PLAN

Name: ALBUQUERQUE PUBLISHING COMPANY - ALBUQUERQUE PUBLISHING COMPANY 401(K) PLAN (2020) Form 5500
Creator: ALBUQUERQUE PUBLISHING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALBUQUERQUE PUBLISHING COMPANY 401(K) PLAN, ALBUQUERQUE PUBLISHING COMPANY

ALBUQUERQUE PUBLISHING COMPANYEIN 85-0377498Plan #002PY 2020

7777 JEFFERSON STREET NE - ALBUQUERQUE, NM 87109505-823-3210

Other plans on this EIN

1 filing

#001Retirement-$28.3M assets

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$31.1M

No prior year

Total participants

238

No prior year

Average account balance

$182,665

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 909 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants100-249

Cohort909 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.03M

Not enough data

1 years with asset history on file

Average account balance

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

$146K

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.

185

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$811K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$236

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

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC1+ years Service code 27 5707 SOUTHWEST PARKWAY · AUSTIN, TX 78735	Advisory (Plan)	$10,048
PENSION ASSURANCE LLP1+ years Filed as: PENSION PLANNING CONSULTANTS, INC. Service code 13 6201 UPTOWN BLVD NE · ALBUQUERQUE, NM 87110	Contract Administrator	$3,349
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: ADVISED ASSET GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$352
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2F2J2K3D3H

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).
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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$4K

$18 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.012%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$182,665

$66,813+173.4%

$100,528+81.7%

$73,493+148.5%

Participation rate

66.8%

77.5%-10.6pp

79.4%-12.6pp

70.7%-3.9pp

Annual return

0.00%

25.70%-25.7pp

30.90%-30.9pp

28.51%-28.5pp

Employer contribution / active EE

$377

$2,147-82.5%

$3,419-89.0%

$2,270-83.4%

Participant deferral / active EE

$1,294

$5,883-78.0%

$6,271-79.4%

$3,740-65.4%

Admin fee / account holder

$21

$512-95.9%

$8,084-99.7%

$513-95.9%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC1+ years

Service code 27

5707 SOUTHWEST PARKWAY · AUSTIN, TX 78735

Advisory (Plan)

$10,048

PENSION ASSURANCE LLP1+ years

Filed as: PENSION PLANNING CONSULTANTS, INC.

Service code 13

6201 UPTOWN BLVD NE · ALBUQUERQUE, NM 87110

Contract Administrator

$3,349

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: ADVISED ASSET GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$352

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

ALBUQUERQUE PUBLISHING COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALBUQUERQUE PUBLISHING COMPANY 401(K) 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