Retirement plan

OFFICE OF THE GILA WATER COMMISSIONER PENSION PLAN

Name: U.S. DEPT OF JUSTICE GILA WATER COMMISSIONER - OFFICE OF THE GILA WATER COMMISSIONER PENSION PLAN (2015) Form 5500
Creator: U.S. DEPT OF JUSTICE GILA WATER COMMISSIONER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OFFICE OF THE GILA WATER COMMISSIONER PENSION PLAN, U.S. DEPT OF JUSTICE GILA WATER COMMISSIONER

U.S. DEPT OF JUSTICE GILA WATER COMMISSIONEREIN 86-0102022Plan #001PY 2015

P.O. BOX 152 - SAFFORD, AZ 855480152928-428-3220LinkedIn1-10 employeesutilities

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$88K

No prior year

Total participants

No prior year

Average account balance

$17,671

No prior year

Annual return

-3.15%

No prior year

Benchmarks

See 1,118 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,118 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$517K

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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

$24K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+17.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17

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 codes2C2F2G2R3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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

$134K

$33446 / participant

Other / not subdivided$134K100.0%

% of EOY assets

151.411%

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

$17,671

$77,976-77.3%

$81,367-78.3%

$125,389-85.9%

Participation rate

100.0%

83.3%+16.7pp

82.3%+17.7pp

83.2%+16.8pp

Annual return

-3.15%

-2.85%-0.3pp

-0.92%-2.2pp

282.24%-285.4pp

Employer contribution / active EE

$3,872

$4,366-11.3%

$3,930-1.5%

$4,866-20.4%

Participant deferral / active EE

$5,646-100.0%

$5,383-100.0%

$5,352-100.0%

Admin fee / account holder

$26,756

$12,476+114.5%

$8,926+199.8%

$9,541+180.4%

OFFICE OF THE GILA WATER COMMISSIONER PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OFFICE OF THE GILA WATER COMMISSIONER PENSION 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