Retirement plan

THE COLORADO RIVER INDIAN TRIBES RETIREMENT PLAN AND TRUST

Name: COLORADO RIVER INDIAN TRIBES - THE COLORADO RIVER INDIAN TRIBES RETIREMENT PLAN AND TRUST (2021) Form 5500
Creator: COLORADO RIVER INDIAN TRIBES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE COLORADO RIVER INDIAN TRIBES RETIREMENT PLAN AND TRUST, COLORADO RIVER INDIAN TRIBES

COLORADO RIVER INDIAN TRIBESEIN 86-0092226Plan #002PY 2021

26600 MOHAVE ROAD - PARKER, AZ 85344928-669-1280crit-nsn.govLinkedIn1001-5000 employeesgovernment administration

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$27.8M

+9.0% from 2020

Total participants

1,037

+1.0% from 2020

Average account balance

$28,113

+9.8% from 2020

Annual return

10.54%

-2.23 pp from 2020

Benchmarks

See 33 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants250-999

Cohort33 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.36M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

1,071

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.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.28M

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

+11.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$186

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS1 year Service code 15 · EIN 13-3689044 440 MAMARONECK AVENUE · HARRISON, NY 10528	Recordkeeping	$96,374
M.S. HOWELLS & CO3 years Service code 22 · EIN 86-0988422 23350 N PIMA ROAD · SCOTTSDALE, AZ 85255	Insurance Broker	$41,760
HENRY+HORNE WEALTH MANAGEMENT1 year Service code 27 · EIN 26-3377874 7098 E COCHISE ROAD UNIT 222 · SCOTTSDALE, AZ 85253	Advisory (Plan)	$9,517
PENSION ASSURANCE LLP1 year Filed as: PENSION PLANNING CONSULTANTS, INC. Service code 15 · EIN 85-0402842 6201 UPTOWN BLVD SUITE 100 · ALBUQUERQUE, NM 87110	Recordkeeping	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$106K

$147 / participant

Contract admin$106K100.0%

% of EOY assets

0.381%

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: REDW LLC
Auditor EIN: 850203431
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,113

$53,977-47.9%

$76,080-63.0%

$86,821-67.6%

Participation rate

93.4%

73.6%+19.8pp

79.4%+13.9pp

72.3%+21.1pp

Annual return

10.54%

14.64%-4.1pp

42.50%-32.0pp

97.94%-87.4pp

Employer contribution / active EE

$2,099

$2,300-8.7%

$3,962-47.0%

$2,406-12.8%

Participant deferral / active EE

$572

$2,980-80.8%

$4,905-88.3%

$4,132-86.2%

Admin fee / account holder

$107

$108-0.7%

$4,883-97.8%

$170-36.9%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Service code 15 · EIN 13-3689044

440 MAMARONECK AVENUE · HARRISON, NY 10528

Recordkeeping

$96,374

M.S. HOWELLS & CO3 years

Service code 22 · EIN 86-0988422

23350 N PIMA ROAD · SCOTTSDALE, AZ 85255

Insurance Broker

$41,760

HENRY+HORNE WEALTH MANAGEMENT1 year

Service code 27 · EIN 26-3377874

7098 E COCHISE ROAD UNIT 222 · SCOTTSDALE, AZ 85253

Advisory (Plan)

$9,517

PENSION ASSURANCE LLP1 year

Filed as: PENSION PLANNING CONSULTANTS, INC.

Service code 15 · EIN 85-0402842

6201 UPTOWN BLVD SUITE 100 · ALBUQUERQUE, NM 87110

Recordkeeping

THE COLORADO RIVER INDIAN TRIBES RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE COLORADO RIVER INDIAN TRIBES RETIREMENT 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