Retirement plan

PROFIT SHARING PLAN FOR EMPLOYEES OF TANANA CHIEFS CONFERENCE

Name: TANANA CHIEFS CONFERENCE - PROFIT SHARING PLAN FOR EMPLOYEES OF TANANA CHIEFS CONFERENCE (2015) Form 5500
Creator: TANANA CHIEFS CONFERENCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROFIT SHARING PLAN FOR EMPLOYEES OF TANANA CHIEFS CONFERENCE, TANANA CHIEFS CONFERENCE

TANANA CHIEFS CONFERENCEEIN 92-0040308Plan #001PY 2015

122 FIRST AVENUE, SUITE 600 - FAIRBANKS, AK 99701907-452-8251tananachiefs.orgLinkedIn501-1000 employeesnon-profit organization management

Prospect flagsLow returnsHigh cashLow assets / participant

How to read this page

Total assets (EOY)

$26.2M

No prior year

Total participants

2,388

No prior year

Average account balance

$11,594

No prior year

Annual return

-1.33%

No prior year

Benchmarks

See 189 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort189 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$67.00M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

1,647

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.

99.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.82M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$175

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 2 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393	Recordkeeping	$66,936
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS WBS Service code 27 · EIN 56-0898180	Advisory (Plan)	$28,821

Plan features & details

Pension benefit codes2E2F2H2T3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$156K

$95 / participant

Other / not subdivided$156K100.0%

% of EOY assets

0.593%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ALTMAN ROGERS & CO.
Auditor EIN: 920143182
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,594

$34,220-66.1%

$73,835-84.3%

$59,188-80.4%

Participation rate

92.4%

59.1%+33.3pp

73.4%+18.9pp

69.4%+23.0pp

Annual return

-1.33%

3.36%-4.7pp

2268.13%-2269.5pp

5.51%-6.8pp

Employer contribution / active EE

$1,464

$1,480-1.1%

$2,788-47.5%

$2,098-30.2%

Participant deferral / active EE

$2,035-100.0%

$3,583-100.0%

$3,265-100.0%

Admin fee / account holder

$69

$64+7.3%

$4,880-98.6%

$92-25.4%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.1+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$66,936

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO ADVISORS WBS

Service code 27 · EIN 56-0898180

Advisory (Plan)

$28,821

PROFIT SHARING PLAN FOR EMPLOYEES OF TANANA CHIEFS CONFERENCE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROFIT SHARING PLAN FOR EMPLOYEES OF TANANA CHIEFS CONFERENCE

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