Retirement plan

SUPPLEMENTAL INCOME 401(K) PLAN

Name: BOARD OF TRUSTEES OF SUPPLEMENTAL INCOME TRUST FUND - SUPPLEMENTAL INCOME 401(K) PLAN (2017) Form 5500
Creator: BOARD OF TRUSTEES OF SUPPLEMENTAL INCOME TRUST FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SUPPLEMENTAL INCOME 401(K) PLAN, BOARD OF TRUSTEES OF SUPPLEMENTAL INCOME TRUST FUND

BOARD OF TRUSTEES OF SUPPLEMENTAL INCOME TRUST FUNDEIN 94-2554388Plan #002PY 2017

420 VIRGINIA ST, SUITE 2-B - VALLEJO, CA 945906018800-477-3829

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$1056.7M

-7.9% from 2016

Total participants

27,926

+3.0% from 2016

Average account balance

$37,838

-7.0% from 2016

Annual return

14.09%

-7.50 pp from 2016

Benchmarks

See 1,023 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort1,023 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.87B

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

40,848

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

$135.16M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$170

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 5 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY3+ years Filed as: JOHN HANCOCK RETIREMENT PL SERVICES Service code 15 · EIN 01-0233346	Recordkeeping	$4,822,913
BEESON, TAYER & BODINE2 years Service code 29 · EIN 94-3126136	Legal	$328,521
LINDQUIST LLP3+ years Service code 10 · EIN 52-2385296	Accounting	$186,017
ALAN BILLER & ASSOCIATES3+ years Filed as: ALAN D. BILLER & ASSOCIATES, INC. Service code 27 · EIN 94-2854958	Advisory (Plan)	$40,112
STEPHEN HORN INSURANCE SERVICES3+ years Service code 53 · EIN 94-3249244	Insurance Commissions	$18,827

Plan features & details

Pension benefit codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$657K

$30 / participant

Investment mgmt$40K6.1%
Other / not subdivided$617K93.9%

% of EOY assets

0.062%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LINDQUIST LLP
Auditor EIN: 522385296
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,838

$80,976-53.3%

$78,210-51.6%

$80,976-53.3%

Participation rate

100.0%

68.3%+31.7pp

68.7%+31.3pp

68.3%+31.7pp

Annual return

14.09%

22.91%-8.8pp

40.90%-26.8pp

22.91%-8.8pp

Employer contribution / active EE

$755

$2,402-68.6%

$2,034-62.9%

$2,402-68.6%

Participant deferral / active EE

$2,339

$3,848-39.2%

$2,823-17.1%

$3,848-39.2%

Admin fee / account holder

$24

$67-65.1%

$3,758-99.4%

$67-65.1%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY3+ years

Filed as: JOHN HANCOCK RETIREMENT PL SERVICES

Service code 15 · EIN 01-0233346

Recordkeeping

$4,822,913

BEESON, TAYER & BODINE2 years

Service code 29 · EIN 94-3126136

Legal

$328,521

LINDQUIST LLP3+ years

Service code 10 · EIN 52-2385296

Accounting

$186,017

ALAN BILLER & ASSOCIATES3+ years

Filed as: ALAN D. BILLER & ASSOCIATES, INC.

Service code 27 · EIN 94-2854958

Advisory (Plan)

$40,112

STEPHEN HORN INSURANCE SERVICES3+ years

Service code 53 · EIN 94-3249244

Insurance Commissions

$18,827

SUPPLEMENTAL INCOME 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SUPPLEMENTAL INCOME 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