Retirement plan

NAES CORPORATION CONTRACT EMPLOYEE RETIREMENT AND 401(K) PLAN

Name: NORTH AMERICAN CONTRACT EMPLOYEE SERVICES COMPANY - NAES CORPORATION CONTRACT EMPLOYEE RETIREMENT AND 401(K) PLAN (2017) Form 5500
Creator: NORTH AMERICAN CONTRACT EMPLOYEE SERVICES COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NAES CORPORATION CONTRACT EMPLOYEE RETIREMENT AND 401(K) PLAN, NORTH AMERICAN CONTRACT EMPLOYEE SERVICES COMPANY

NORTH AMERICAN CONTRACT EMPLOYEE SERVICES COMPANYEIN 91-1111672Plan #001PY 2017

1180 NW MAPLE STREET, SUITE 200 - ISSAQUAH, WA 98027425-961-4700naes.comLinkedIn1001-5000 employeesutilities

Other plans on this EIN

4 filings

#002Retirement-$375.7M assets #009Retirement-$59.9M assets #004Retirement-$4.9M assets #006Retirement-$3.9M assets

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$3.7M

-2.4% from 2016

Total participants

+7.1% from 2016

Average account balance

$85,018

-14.6% from 2016

Annual return

164.10%

-3.17 pp from 2016

Benchmarks

See 3,723 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort3,723 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$496K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-112.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2F2G2J2R2T3D

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$305K

$4615 / participant

Other / not subdivided$305K100.0%

% of EOY assets

8.143%

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

$85,018

$47,848+77.7%

$81,473+4.4%

$70,126+21.2%

Participation rate

45.5%

58.3%-12.8pp

68.0%-22.5pp

69.5%-24.1pp

Annual return

164.10%

27.25%+136.9pp

38.78%+125.3pp

73.15%+91.0pp

Employer contribution / active EE

$65

$1,527-95.8%

$2,568-97.5%

$2,343-97.2%

Participant deferral / active EE

$6,983

$2,453+184.7%

$3,537+97.4%

$3,332+109.6%

Admin fee / account holder

$6,923

$3,145+120.1%

$4,561+51.8%

$4,646+49.0%

NAES CORPORATION CONTRACT EMPLOYEE RETIREMENT AND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NAES CORPORATION CONTRACT EMPLOYEE RETIREMENT AND 401(K) 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