Retirement plan

CENTRIO ENERGY SYRACUSE LLC 401(K) RETIREMENT PLAN

Name: DISTRICT ENERGY HOLDINGS LLC - CENTRIO ENERGY SYRACUSE LLC 401(K) RETIREMENT PLAN (2021) Form 5500
Creator: DISTRICT ENERGY HOLDINGS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRIO ENERGY SYRACUSE LLC 401(K) RETIREMENT PLAN, DISTRICT ENERGY HOLDINGS LLC

DISTRICT ENERGY HOLDINGS LLCEIN 85-1474079Plan #001PY 2021

1661 GRAVIER STREET - NEW ORLEANS, LA 70112504-569-2126

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$311K

+318.0% from 2020

Total participants

-4.8% from 2020

Average account balance

$15,556

+338.9% from 2020

Annual return

35.57%

+35.57 pp from 2020

Benchmarks

See 1,524 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,524 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.27M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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

$310K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+49.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15971

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 codes2E2T2G3B3I2F2J3H3D

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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)).
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$62K

$3469 / participant

Other / not subdivided$62K100.0%

% of EOY assets

20.068%

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

$15,556

$114,199-86.4%

$119,237-87.0%

$167,553-90.7%

Participation rate

100.0%

83.7%+16.3pp

82.7%+17.3pp

82.1%+17.9pp

Annual return

35.57%

29.88%+5.7pp

30.70%+4.9pp

478.89%-443.3pp

Employer contribution / active EE

$8,241

$4,480+84.0%

$4,383+88.0%

$4,840+70.3%

Participant deferral / active EE

$6,895

$6,086+13.3%

$6,112+12.8%

$6,343+8.7%

Admin fee / account holder

$3,122

$8,939-65.1%

$7,229-56.8%

$12,316-74.7%

CENTRIO ENERGY SYRACUSE LLC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRIO ENERGY SYRACUSE LLC 401(K) RETIREMENT 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