Retirement plan

CALAVERAS TELEPHONE COMPANY PROFIT SHARING 401(K) PLAN

Name: CALAVERAS TELEPHONE COMPANY - CALAVERAS TELEPHONE COMPANY PROFIT SHARING 401(K) PLAN (2018) 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 2018

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.9M

-10.7% from 2017

Total participants

0.0% from 2017

Average account balance

$223,156

-10.7% from 2017

Annual return

-4.38%

-20.65 pp from 2017

Benchmarks

See 2,968 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort2,968 peers

Snapshot2018

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

$33033 / participant

Other / not subdivided$1M100.0%

% of EOY assets

10.719%

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

$223,156

$58,587+280.9%

$83,322+167.8%

$64,173+247.7%

Participation rate

100.0%

72.0%+28.0pp

77.8%+22.2pp

69.6%+30.4pp

Annual return

-4.38%

9.65%-14.0pp

10.64%-15.0pp

7.63%-12.0pp

Employer contribution / active EE

$8,189

$2,098+290.3%

$3,379+142.4%

$2,381+244.0%

Participant deferral / active EE

$3,038

$4,654-34.7%

$5,565-45.4%

$3,470-12.4%

Admin fee / account holder

$23,920

$9,279+157.8%

$7,540+217.3%

$4,887+389.4%

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