Retirement plan

COMMERCIAL ENTERPRISES EMPLOYEES 401(K) PROFIT

Name: PUEBLO OF ISLETA - COMMERCIAL ENTERPRISES EMPLOYEES 401(K) PROFIT (2022) 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, PUEBLO OF ISLETA

PUEBLO OF ISLETAEIN 85-0436027Plan #004PY 2022

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$25.8M

-20.3% from 2021

Total participants

1,378

-26.2% from 2021

Average account balance

$21,433

+14.3% from 2021

Annual return

-15.49%

-27.62 pp from 2021

Benchmarks

See 789 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort789 peers

Snapshot2022

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 & ANNUITY5+ years Service code 26 · EIN 71-0294708	Advisory (Participants)	$37,707
REDW LLC1 year Service code 26 7425 JEFFERSON ST. NE · ALBUQUERQUE, NM 87109	Advisory (Participants)	$32,786
SJT GROUP LLC1 year Service code 10 4811 HARDWARE NE, SUITE E-4 · ALBUQUERQUE, NM 87109	Accounting	$12,861
RLI INSURANCE1 year Filed as: RLI Service code 23 PO BOX 801742 · KANSAS CITY, MO 64180	Insurance services	$150

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$84K

$93 / participant

Investment mgmt$33K39.3%
Other / not subdivided$51K60.7%

% of EOY assets

0.324%

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: SJT GROUP LLC
Auditor EIN: 843482539
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,433

$30,086-28.8%

$61,399-65.1%

$64,814-66.9%

Participation rate

80.6%

36.4%+44.2pp

52.6%+28.0pp

71.5%+9.1pp

Annual return

-15.49%

-13.99%-1.5pp

338.81%-354.3pp

32.84%-48.3pp

Employer contribution / active EE

$1,542

$536+187.6%

$1,159+33.0%

$2,507-38.5%

Participant deferral / active EE

$1,357

$1,126+20.5%

$2,124-36.1%

$4,310-68.5%

Admin fee / account holder

$69

$148-53.2%

$2,131-96.7%

$188-63.1%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY5+ years

Service code 26 · EIN 71-0294708

Advisory (Participants)

$37,707

REDW LLC1 year

Service code 26

7425 JEFFERSON ST. NE · ALBUQUERQUE, NM 87109

Advisory (Participants)

$32,786

SJT GROUP LLC1 year

Service code 10

4811 HARDWARE NE, SUITE E-4 · ALBUQUERQUE, NM 87109

Accounting

$12,861

RLI INSURANCE1 year

Filed as: RLI

Service code 23

PO BOX 801742 · KANSAS CITY, MO 64180

Insurance services

$150

COMMERCIAL ENTERPRISES EMPLOYEES 401(K) PROFIT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMERCIAL ENTERPRISES EMPLOYEES 401(K) PROFIT

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