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 (2019) 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 2019

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

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$299K

+70.6% from 2018

Total participants

+33.3% from 2018

Average account balance

$74,634

+28.0% from 2018

Annual return

28.17%

+38.25 pp from 2018

Benchmarks

See 1,379 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,379 peers

Snapshot2019

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 codes2E2F2G2J2R3D

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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$74,634

$102,828-27.4%

$105,387-29.2%

$152,897-51.2%

Participation rate

100.0%

83.8%+16.2pp

82.6%+17.4pp

82.5%+17.5pp

Annual return

28.17%

20.85%+7.3pp

26.82%+1.3pp

345.43%-317.3pp

Employer contribution / active EE

$6,824

$4,473+52.6%

$4,213+62.0%

$4,764+43.3%

Participant deferral / active EE

$17,943

$5,465+228.3%

$5,502+226.1%

$5,851+206.7%

Admin fee / account holder

$8,683-100.0%

$6,559-100.0%

$11,599-100.0%

WATER AND SEWER INSURANCE POOL 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

WATER AND SEWER INSURANCE POOL 403(B) RETIREMENT 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