Retirement plan

CALIFORNIA NURSES ASSOCIATION 401K RETIREMENT PLAN

Name: CALIFORNIA NURSES ASSOCIATION - CALIFORNIA NURSES ASSOCIATION 401K RETIREMENT PLAN (2017) 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 2017

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)

$14.2M

+19.1% from 2016

Total participants

317

+6.7% from 2016

Average account balance

$89,061

+8.7% from 2016

Annual return

15.24%

+4.49 pp from 2016

Benchmarks

See 808 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort808 peers

Snapshot2017

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
MORNINGSTAR3+ 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

$3K

$11 / participant

Investment mgmt$3K100.0%

% of EOY assets

0.021%

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: RINA ACCOUNTANCY CORPORATION
Auditor EIN: 943158857
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,061

$46,100+93.2%

$86,582+2.9%

$69,631+27.9%

Participation rate

41.6%

67.2%-25.5pp

73.5%-31.9pp

70.7%-29.1pp

Annual return

15.24%

21.02%-5.8pp

965.08%-949.8pp

27571.02%-27555.8pp

Employer contribution / active EE

$1,850-100.0%

$2,839-100.0%

$2,032-100.0%

Participant deferral / active EE

$4,322

$2,432+77.8%

$3,609+19.8%

$3,224+34.1%

Admin fee / account holder

$18

$94-80.3%

$4,904-99.6%

$110-83.3%

Provider

Service type

Compensation

MORNINGSTAR3+ 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