Retirement plan

EMPLOYEE BENEFIT PLAN OF ALYESKA TITLE GUARANTY AGENCY, INC.

Name: ALYESKA TITLE GUARANTY AGENCY, INC. - EMPLOYEE BENEFIT PLAN OF ALYESKA TITLE GUARANTY AGENCY, INC. (2020) Form 5500
Creator: ALYESKA TITLE GUARANTY AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF ALYESKA TITLE GUARANTY AGENCY, INC., ALYESKA TITLE GUARANTY AGENCY, INC.

ALYESKA TITLE GUARANTY AGENCY, INC.EIN 92-0175224Plan #001PY 2020

3801 CENTERPOINT DR STE 102 - ANCHORAGE, AK 995035822907-569-2842alyeskatitle.comLinkedIn11-50 employeesinsurance

Prospect flagsHigh feesLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.8M

+8.2% from 2019

Total participants

-2.3% from 2019

Average account balance

$42,591

+8.2% from 2019

Annual return

11.48%

-9.93 pp from 2019

Benchmarks

See 7,209 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,209 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.14M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

180.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$112K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1795

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 codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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 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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$192K

$6388 / participant

Other / not subdivided$192K100.0%

% of EOY assets

10.464%

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

$42,591

$123,793-65.6%

$177,848-76.1%

$79,856-46.7%

Participation rate

100.0%

84.7%+15.3pp

87.7%+12.3pp

69.6%+30.4pp

Annual return

11.48%

22.82%-11.3pp

48.33%-36.8pp

31.71%-20.2pp

Employer contribution / active EE

$804

$4,095-80.4%

$5,919-86.4%

$2,471-67.5%

Participant deferral / active EE

$3,449

$5,956-42.1%

$7,714-55.3%

$3,741-7.8%

Admin fee / account holder

$4,457

$7,243-38.5%

$12,431-64.1%

$5,306-16.0%

EMPLOYEE BENEFIT PLAN OF ALYESKA TITLE GUARANTY AGENCY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF ALYESKA TITLE GUARANTY AGENCY, INC.

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