Retirement plan

CALAVERAS TELEPHONE COMPANY PROFIT SHARING 401(K) PLAN

Name: CALAVERAS TELEPHONE COMPANY - CALAVERAS TELEPHONE COMPANY PROFIT SHARING 401(K) PLAN (2017) 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 2017

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.5M

+9.2% from 2016

Total participants

-3.3% from 2016

Average account balance

$249,837

+12.9% from 2016

Annual return

16.27%

+10.15 pp from 2016

Benchmarks

See 2,903 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort2,903 peers

Snapshot2017

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

$1.4M

$31413 / participant

Other / not subdivided$1M100.0%

% of EOY assets

9.755%

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

$249,837

$64,359+288.2%

$90,161+177.1%

$70,126+256.3%

Participation rate

100.0%

70.4%+29.6pp

76.9%+23.1pp

69.5%+30.5pp

Annual return

16.27%

28.13%-11.9pp

34.89%-18.6pp

73.15%-56.9pp

Employer contribution / active EE

$7,723

$2,046+277.5%

$3,318+132.8%

$2,343+229.7%

Participant deferral / active EE

$2,682

$4,389-38.9%

$5,287-49.3%

$3,332-19.5%

Admin fee / account holder

$24,372

$3,945+517.8%

$5,943+310.1%

$4,645+424.6%

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