Retirement plan

AMERCO EMPLOYEE SAVINGS & PROFIT SHARING PLAN

Name: AMERCO - AMERCO EMPLOYEE SAVINGS & PROFIT SHARING PLAN (2016) Form 5500
Creator: AMERCO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERCO EMPLOYEE SAVINGS & PROFIT SHARING PLAN, AMERCO

AMERCOEIN 88-0106815Plan #002PY 2016

2727 N CENTRAL AVE - PHOENIX, AZ 850041120602-263-6625

Other plans on this EIN

1 filing

#003Retirement-$445.1M assets

Prospect flagsHigh cashLow assets / participant

How to read this page

Total assets (EOY)

$310.2M

-10.0% from 2016

Total participants

23,285

-5.4% from 2016

Average account balance

$13,320

-4.9% from 2016

Annual return

7.82%

-7.19 pp from 2016

Benchmarks

See 979 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort979 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$551.53M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

26,736

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.

67.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$56.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$37

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 2 by compensation

Provider	Service type	Compensation
METLIFE LIFE INSURANCE COMPANY2+ years Filed as: METROPOLITAN LIFE INSURANCE COMPANY Service code 51 · EIN 13-5581829 2300 LAKEVIEW PARKWAY SUITE 600 · ALPHARETTA, GA 30009	Investment Mgmt Fees	$40,227
JPMORGAN INVEST HOLDINGS LLC2+ years Filed as: JP MORGAN CHASE BANK, N.A. Service code 72 · EIN 13-4994650 1 CHASE MANHATTAN PLAZA · NEW YORK, NY 10005	Other investment fees and expenses	$0

Plan features & details

Pension benefit codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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: BDO USA, LLC
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,320

$329,111-96.0%

$171,082-92.2%

$329,111-96.0%

Participation rate

100.0%

67.9%+32.1pp

76.7%+23.3pp

67.9%+32.1pp

Annual return

7.82%

16.35%-8.5pp

32.56%-24.7pp

16.35%-8.5pp

Employer contribution / active EE

$2,303-100.0%

$4,002-100.0%

$2,303-100.0%

Participant deferral / active EE

$2,127

$3,682-42.2%

$4,797-55.7%

$3,682-42.2%

Admin fee / account holder

$754-100.0%

$8,520-100.0%

$754-100.0%

Provider

Service type

Compensation

METLIFE LIFE INSURANCE COMPANY2+ years

Filed as: METROPOLITAN LIFE INSURANCE COMPANY

Service code 51 · EIN 13-5581829

2300 LAKEVIEW PARKWAY SUITE 600 · ALPHARETTA, GA 30009

Investment Mgmt Fees

$40,227

JPMORGAN INVEST HOLDINGS LLC2+ years

Filed as: JP MORGAN CHASE BANK, N.A.

Service code 72 · EIN 13-4994650

1 CHASE MANHATTAN PLAZA · NEW YORK, NY 10005

Other investment fees and expenses

AMERCO EMPLOYEE SAVINGS & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

AMERCO EMPLOYEE SAVINGS & PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion