Retirement plan

USIBELLI COAL MINE, INC. 401(K) PLAN II

Name: USIBELLI COAL MINE, INC. - USIBELLI COAL MINE, INC. 401(K) PLAN II (2017) Form 5500
Creator: USIBELLI COAL MINE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, USIBELLI COAL MINE, INC. 401(K) PLAN II, USIBELLI COAL MINE, INC.

USIBELLI COAL MINE, INC.EIN 92-0014216Plan #003PY 2017

PO BOX 1000 - HEALY, AK 99743907-683-2226usibelli.comLinkedIn51-200 employeesmining & metals

Other plans on this EIN

2 filings

#002Retirement-$29.8M assets #001Retirement-$17.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$17.1M

+12.8% from 2016

Total participants

123

-2.4% from 2016

Average account balance

$161,079

+10.6% from 2016

Annual return

14.86%

+9.77 pp from 2016

Benchmarks

See 849 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants25-99

Cohort849 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.12M

Not enough data

1 years with asset history on file

Average account balance

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

$247K

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.

126

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$429

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 5 by compensation

Provider	Service type	Compensation
PACIFIC PORTFOLIO CONSULTING3+ years Service code 27 · EIN 20-4049073	Advisory (Plan)	$17,243
MOSS ADAMS LLP3+ years Filed as: MOSS ADAMS Service code 10 · EIN 91-0189318	Accounting	$17,185
MILLIMAN, INC.3+ years Filed as: MILLIMAN Service code 15 · EIN 91-0675641	Recordkeeping	$16,834
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009	Securities Custodian	$8,539
CHARLES SCHWAB & CO., INC.3+ years Service code 19 · EIN 94-1737782	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2G2J2K2T2F3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

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

$60K

$617 / participant

Other / not subdivided$60K100.0%

% of EOY assets

0.350%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MOSS ADAMS
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$161,079

$79,557+102.5%

$118,746+35.7%

$70,126+129.7%

Participation rate

82.5%

71.4%+11.1pp

78.3%+4.2pp

69.5%+12.9pp

Annual return

14.86%

25.64%-10.8pp

24.54%-9.7pp

73.15%-58.3pp

Employer contribution / active EE

$1,515

$2,861-47.0%

$4,193-63.9%

$2,343-35.3%

Participant deferral / active EE

$6,343

$4,089+55.1%

$5,332+19.0%

$3,332+90.4%

Admin fee / account holder

$564

$5,374-89.5%

$10,720-94.7%

$4,645-87.9%

Provider

Service type

Compensation

PACIFIC PORTFOLIO CONSULTING3+ years

Service code 27 · EIN 20-4049073

Advisory (Plan)

$17,243

MOSS ADAMS LLP3+ years

Filed as: MOSS ADAMS

Service code 10 · EIN 91-0189318

Accounting

$17,185

MILLIMAN, INC.3+ years

Filed as: MILLIMAN

Service code 15 · EIN 91-0675641

Recordkeeping

$16,834

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES SCHWAB BANK

Service code 19 · EIN 42-1558009

Securities Custodian

$8,539

CHARLES SCHWAB & CO., INC.3+ years

Service code 19 · EIN 94-1737782

Securities Custodian

USIBELLI COAL MINE, INC. 401(K) PLAN II

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

USIBELLI COAL MINE, INC. 401(K) PLAN II

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