Retirement plan

COMMERCIAL ENTERPRISES EMPLOYEES 401(K) PROFIT SHARING PLAN AND TRUST

Name: PUEBLO OF ISLETA - COMMERCIAL ENTERPRISES EMPLOYEES 401(K) PROFIT SHARING PLAN AND TRUST (2019) Form 5500
Creator: PUEBLO OF ISLETA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMERCIAL ENTERPRISES EMPLOYEES 401(K) PROFIT SHARING PLAN AND TRUST, PUEBLO OF ISLETA

PUEBLO OF ISLETAEIN 85-0436027Plan #004PY 2019

11000 BROADWAY SE - ALBUQUERQUE, NM 87105505-869-3111LinkedIn11-50 employeesgovernment administration

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$30.8M

+16.4% from 2018

Total participants

1,935

+13.6% from 2018

Average account balance

$17,599

+2.7% from 2018

Annual return

18.94%

+18.94 pp from 2018

Benchmarks

See 284 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort284 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.94M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

1,815

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.75M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$66

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
VOYA RETIREMENT INSURANCE & ANNUITY2+ years Service code 26 · EIN 71-0294708	Advisory (Participants)	$96,336
REDW LLC1 year Filed as: REDW STANLEY Service code 10 · EIN 44-4000444	Accounting	$32,557
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK RET PLAN SVCS Service code 10 · EIN 33-3000333	Accounting	$15,582
GIRON CRIS S1 year Service code 55 9400 HOLLY AVE NE BLDG 4 · NE BLDG ALBUQUERQUE, NM 87122	Other Commissions	$13,612

Plan features & details

Pension benefit codes2E2F2G2J2K2R

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).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$128K

$102 / participant

Other / not subdivided$128K100.0%

% of EOY assets

0.417%

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: STAUFFER & ASSOCIATES, PLLC
Auditor EIN: 811196633
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,599

$26,479-33.5%

$74,719-76.4%

$77,775-77.4%

Participation rate

85.3%

37.6%+47.6pp

54.5%+30.8pp

73.2%+12.0pp

Annual return

18.94%

38.31%-19.4pp

753.05%-734.1pp

32.58%-13.6pp

Employer contribution / active EE

$1,275

$440+190.1%

$1,084+17.6%

$2,504-49.1%

Participant deferral / active EE

$970

$1,074-9.7%

$1,963-50.6%

$3,966-75.5%

Admin fee / account holder

$73

$119-38.3%

$3,334-97.8%

$100-26.7%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY2+ years

Service code 26 · EIN 71-0294708

Advisory (Participants)

$96,336

REDW LLC1 year

Filed as: REDW STANLEY

Service code 10 · EIN 44-4000444

Accounting

$32,557

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK RET PLAN SVCS

Service code 10 · EIN 33-3000333

Accounting

$15,582

GIRON CRIS S1 year

Service code 55

9400 HOLLY AVE NE BLDG 4 · NE BLDG ALBUQUERQUE, NM 87122

Other Commissions

$13,612

COMMERCIAL ENTERPRISES EMPLOYEES 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMERCIAL ENTERPRISES EMPLOYEES 401(K) PROFIT SHARING 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