Retirement plan

CALIFORNIA NURSES ASSOCIATION 401K RETIREMENT PLAN

Name: CALIFORNIA NURSES ASSOCIATION - CALIFORNIA NURSES ASSOCIATION 401K RETIREMENT PLAN (2016) Form 5500
Creator: CALIFORNIA NURSES ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA NURSES ASSOCIATION 401K RETIREMENT PLAN, CALIFORNIA NURSES ASSOCIATION

CALIFORNIA NURSES ASSOCIATIONEIN 94-0362060Plan #001PY 2016

155 GRAND AVENUE, 2ND FLOOR - OAKLAND, CA 94612510-273-2261nationalnursesunited.orgLinkedIn201-500 employeeshospital & health care

Prospect flagsHigh cashLow participation

How to read this page

Total assets (EOY)

$12M

+17.3% from 2015

Total participants

297

+4.6% from 2015

Average account balance

$81,920

+10.9% from 2015

Annual return

10.76%

+10.54 pp from 2015

Benchmarks

See 783 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort783 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.28M

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

253

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.

53.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.40M

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

+15.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$377

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 1 by compensation

Provider	Service type	Compensation
MORNINGSTAR2+ years Service code 27 · EIN 36-3297908	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$5K

$21 / participant

Investment mgmt$5K100.0%

% of EOY assets

0.045%

all-in expense ratio

Categories reported

1 / 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: STERCK KULIK O'NEILL ACCTG GRP, INC
Auditor EIN: 943075338
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$81,920

$39,859+105.5%

$78,676+4.1%

$57,658+42.1%

Participation rate

41.2%

66.1%-24.9pp

73.6%-32.3pp

70.2%-29.0pp

Annual return

10.76%

18.96%-8.2pp

62.19%-51.4pp

5.13%+5.6pp

Employer contribution / active EE

$1,786-100.0%

$2,850-100.0%

$1,974-100.0%

Participant deferral / active EE

$4,077

$2,248+81.4%

$3,517+15.9%

$3,061+33.2%

Admin fee / account holder

$37

$76-51.9%

$4,510-99.2%

$95-61.2%

Provider

Service type

Compensation

MORNINGSTAR2+ years

Service code 27 · EIN 36-3297908

Advisory (Plan)

CALIFORNIA NURSES ASSOCIATION 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA NURSES ASSOCIATION 401K 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