Retirement plan

BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY PENSION PLAN

Name: BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY PENSION PLAN - BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY PENSION PLAN (2016) Form 5500
Creator: BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY PENSION PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY PENSION PLAN, BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY PENSION PLAN

BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY PENSION PLANEIN 91-0549511Plan #001PY 2016

9502 19TH AVENUE, SE, SUITE F - EVERETT, WA 98208425-258-2436bgcsc.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsHigh retiree %Low fidelity bond

How to read this page

Total assets (EOY)

$4.4M

+13.7% from 2015

Total participants

163

+7.9% from 2015

Average account balance

$27,227

+5.3% from 2015

Annual return

7.74%

+9.16 pp from 2015

Benchmarks

See 1,686 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,686 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.07M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

179

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.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$420K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+21.90%

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 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY MANAGEMENT TRUST COMPANY Service code 19 · EIN 04-6568107	Securities Custodian	$25

Plan features & details

Pension benefit codes2C2F2G2T3D

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$25

$0 / participant

Other / not subdivided$25100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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: SHANNON & ASSOCIATES, LLP
Auditor EIN: 911125800
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,227

$43,423-37.3%

$78,676-65.4%

$55,167-50.6%

Participation rate

100.0%

68.0%+32.0pp

73.6%+26.4pp

69.0%+31.0pp

Annual return

7.74%

11.53%-3.8pp

62.19%-54.5pp

169.23%-161.5pp

Employer contribution / active EE

$3,135

$1,997+57.0%

$2,850+10.0%

$1,963+59.7%

Participant deferral / active EE

$2,509-100.0%

$3,517-100.0%

$3,054-100.0%

Admin fee / account holder

$416-100.0%

$4,510-100.0%

$504-100.0%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY MANAGEMENT TRUST COMPANY

Service code 19 · EIN 04-6568107

Securities Custodian

$25

BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY 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