Retirement plan

SIERRA CENTRAL CREDIT UNION 401(K) PROFIT SHARING PLAN

Name: SIERRA CENTRAL CREDIT UNION - SIERRA CENTRAL CREDIT UNION 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: SIERRA CENTRAL CREDIT UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIERRA CENTRAL CREDIT UNION 401(K) PROFIT SHARING PLAN, SIERRA CENTRAL CREDIT UNION

SIERRA CENTRAL CREDIT UNIONEIN 94-1484851Plan #008PY 2016

1351 HARTER PARKWAY - YUBA CITY, CA 95993530-671-3009sierracentral.comLinkedIn201-500 employeesbanking

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed April 28, 2008 (most recent of 3 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$11M

+18.0% from 2015

Total participants

301

+12.7% from 2015

Average account balance

$38,885

+0.9% from 2015

Annual return

9.18%

+8.55 pp from 2015

Benchmarks

See 2,214 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,214 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.42M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

309

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

$1.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$260

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
LPL FINANCIAL2+ years Service code 99 · EIN 04-3046611	Other Fees	$25,000
VOYA RETIREMENT INSURANCE & ANNUITY2+ years Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 27 · EIN 71-0294708 P.O. BOX 990067 · HARTFORD, CT 06199	Advisory (Plan)	$4,701

Plan features & details

Pension benefit codes2E2G2J2F2T

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$6K

$34 / participant

Contract admin$6K100.0%

% of EOY assets

0.057%

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: WILLIAMS AND OLDS
Auditor EIN: 010560769
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,885

$74,089-47.5%

$133,975-71.0%

$55,167-29.5%

Participation rate

89.6%

84.3%+5.3pp

87.1%+2.6pp

69.0%+20.6pp

Annual return

9.18%

12.11%-2.9pp

29.29%-20.1pp

169.23%-160.1pp

Employer contribution / active EE

$3,339

$3,064+9.0%

$5,211-35.9%

$1,963+70.1%

Participant deferral / active EE

$2,582

$4,678-44.8%

$6,282-58.9%

$3,054-15.4%

Admin fee / account holder

$22

$458-95.2%

$9,324-99.8%

$504-95.6%

Provider

Service type

Compensation

LPL FINANCIAL2+ years

Service code 99 · EIN 04-3046611

Other Fees

$25,000

VOYA RETIREMENT INSURANCE & ANNUITY2+ years

Filed as: VOYA RETIREMENT INS AND ANNUITY CO

Service code 27 · EIN 71-0294708

P.O. BOX 990067 · HARTFORD, CT 06199

Advisory (Plan)

$4,701

SIERRA CENTRAL CREDIT UNION 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIERRA CENTRAL CREDIT UNION 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

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