Retirement plan

WATER AND SEWER INSURANCE POOL 403(B) RETIREMENT PLAN

Name: WATER AND SEWER INSURANCE POOL - WATER AND SEWER INSURANCE POOL 403(B) RETIREMENT PLAN (2016) Form 5500
Creator: WATER AND SEWER INSURANCE POOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WATER AND SEWER INSURANCE POOL 403(B) RETIREMENT PLAN, WATER AND SEWER INSURANCE POOL

WATER AND SEWER INSURANCE POOLEIN 91-1410060Plan #002PY 2016

1750 112TH AVE NE, STE B215 - BELLEVUE, WA 98004425-452-9750

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$115K

No prior year

Total participants

No prior year

Average account balance

$38,445

No prior year

Annual return

6.65%

No prior year

Benchmarks

See 1,255 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,255 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.37M

Not enough data

1 years with asset history on file

Average account balance

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

$344K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$99K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+28.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$79

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 codes2E2F2G2M3D2R

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

1 tripped

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

$22K

$7492 / participant

Other / not subdivided$22K100.0%

% of EOY assets

19.488%

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

$38,445

$88,583-56.6%

$88,497-56.6%

$273,972-86.0%

Participation rate

100.0%

83.5%+16.5pp

82.4%+17.6pp

83.0%+17.0pp

Annual return

6.65%

5.68%+1.0pp

7.63%-1.0pp

41.46%-34.8pp

Employer contribution / active EE

$4,843

$4,502+7.6%

$4,036+20.0%

$4,869-0.5%

Participant deferral / active EE

$5,866

$4,891+19.9%

$4,899+19.7%

$5,287+10.9%

Admin fee / account holder

$7,492

$8,980-16.6%

$6,220+20.5%

$10,133-26.1%

WATER AND SEWER INSURANCE POOL 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WATER AND SEWER INSURANCE POOL 403(B) RETIREMENT 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