Retirement plan

CALAVERAS TELEPHONE COMPANY PROFIT SHARING 401(K) PLAN

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

CALAVERAS TELEPHONE COMPANYEIN 94-1592334Plan #001PY 2016

P.O. BOX 37 - COPPEROPOLIS, CA 95228209-785-2211caltel.comLinkedIn1-10 employeesgovernment relations

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$13.3M

+9.2% from 2015

Total participants

+5.3% from 2015

Average account balance

$221,252

+3.8% from 2015

Annual return

6.12%

+6.85 pp from 2015

Benchmarks

See 2,877 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort2,877 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.01M

Not enough data

1 years with asset history on file

Average account balance

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

$345K

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.

141.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$538K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+17.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24509

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 codes2E2G3D2F2J

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$105K

$2230 / participant

Other / not subdivided$105K100.0%

% of EOY assets

0.789%

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

$221,252

$56,277+293.1%

$80,976+173.2%

$62,891+251.8%

Participation rate

100.0%

69.0%+31.0pp

75.8%+24.2pp

69.3%+30.7pp

Annual return

6.12%

22.12%-16.0pp

17.10%-11.0pp

20.14%-14.0pp

Employer contribution / active EE

$7,374

$1,943+279.5%

$3,714+98.5%

$2,281+223.3%

Participant deferral / active EE

$2,904

$4,195-30.8%

$5,696-49.0%

$3,203-9.3%

Admin fee / account holder

$1,747

$3,741-53.3%

$5,516-68.3%

$4,296-59.3%

CALAVERAS TELEPHONE COMPANY PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALAVERAS TELEPHONE COMPANY PROFIT SHARING 401(K) 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