Retirement plan

NORTHWEST WORKFORCE DEVELOPMENT COUNCIL PROFIT SHARING PLAN

Name: NORTHWEST SERVICES COUNCIL DBA NORTHWEST - NORTHWEST WORKFORCE DEVELOPMENT COUNCIL PROFIT SHARING PLAN (2017) Form 5500
Creator: NORTHWEST SERVICES COUNCIL DBA NORTHWEST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHWEST WORKFORCE DEVELOPMENT COUNCIL PROFIT SHARING PLAN, NORTHWEST SERVICES COUNCIL DBA NORTHWEST

NORTHWEST SERVICES COUNCIL DBA NORTHWESTEIN 91-0967162Plan #001PY 2017

PO BOX 2009 - BELLINGHAM, WA 982272009360-676-3227

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3M

+7.7% from 2016

Total participants

-7.7% from 2016

Average account balance

$84,569

+13.8% from 2016

Annual return

8.71%

+3.07 pp from 2016

Benchmarks

See 32,061 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,061 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.36M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

172.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$205K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+5.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68343

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$259K

$11248 / participant

Other / not subdivided$259K100.0%

% of EOY assets

8.741%

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

$84,569

$99,031-14.6%

$86,597-2.3%

$147,585-42.7%

Participation rate

95.7%

76.3%+19.3pp

73.5%+22.1pp

82.8%+12.8pp

Annual return

8.71%

1312.56%-1303.8pp

964.96%-956.2pp

578.57%-569.9pp

Employer contribution / active EE

$4,013

$3,132+28.1%

$2,840+41.3%

$4,876-17.7%

Participant deferral / active EE

$5,925

$3,972+49.1%

$3,609+64.2%

$5,439+8.9%

Admin fee / account holder

$7,392

$5,711+29.4%

$4,906+50.7%

$10,885-32.1%

NORTHWEST WORKFORCE DEVELOPMENT COUNCIL PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTHWEST WORKFORCE DEVELOPMENT COUNCIL PROFIT SHARING 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