Retirement plan

SUPPLEMENTAL INCOME 401(K) PLAN

Name: BOARD OF TRUSTEES OF SUPPLEMENTAL INCOME TRUST FUND - SUPPLEMENTAL INCOME 401(K) PLAN (2020) 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 2020

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

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$1369.8M

-7.9% from 2016

Total participants

34,449

+3.0% from 2016

Average account balance

$39,762

-7.0% from 2016

Annual return

14.95%

-7.50 pp from 2016

Benchmarks

See 1,039 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants>=10,000

Cohort1,039 peers

Snapshot2020

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 7 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY6+ years Filed as: JOHN HANCOCK RETIREMENT PL SERVICES Service code 12 · EIN 01-0233346	Shareholder servicing fees; Recordkee...	$2,771,130
BEESON, TAYER & BODINE5 years Service code 29 · EIN 94-3126136	Legal	$480,006
LINDQUIST LLP6+ years Service code 10 · EIN 52-2385296	Accounting	$237,513
MERCER2 years Filed as: MERCER INVESTMENTS LLC Service code 16 · EIN 30-0282430	Consulting	$94,479
ALAN BILLER & ASSOCIATES6+ years Filed as: ALAN D. BILLER & ASSOCIATES, INC. Service code 27 · EIN 94-2854958	Advisory (Plan)	$65,489
STEPHEN HORN INSURANCE SERVICES6+ years Service code 53 · EIN 94-3249244	Insurance Commissions	$49,271
MORGAN LEWIS1 year Service code 29 · EIN 23-0891050	Legal	$5,168

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

1 tripped

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

$1.2M

$44 / participant

Investment mgmt$65K5.4%
Other / not subdivided$1M94.6%

% of EOY assets

0.089%

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

$39,762

$106,273-62.6%

$93,567-57.5%

$106,273-62.6%

Participation rate

100.0%

70.8%+29.2pp

66.9%+33.1pp

70.8%+29.2pp

Annual return

14.95%

21.70%-6.7pp

78.52%-63.6pp

21.70%-6.7pp

Employer contribution / active EE

$1,143

$2,722-58.0%

$2,077-45.0%

$2,722-58.0%

Participant deferral / active EE

$2,326

$4,601-49.5%

$3,130-25.7%

$4,601-49.5%

Admin fee / account holder

$35

$78-54.7%

$5,238-99.3%

$78-54.7%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY6+ years

Filed as: JOHN HANCOCK RETIREMENT PL SERVICES

Service code 12 · EIN 01-0233346

Shareholder servicing fees; Recordkee...

$2,771,130

BEESON, TAYER & BODINE5 years

Service code 29 · EIN 94-3126136

Legal

$480,006

LINDQUIST LLP6+ years

Service code 10 · EIN 52-2385296

Accounting

$237,513

MERCER2 years

Filed as: MERCER INVESTMENTS LLC

Service code 16 · EIN 30-0282430

Consulting

$94,479

ALAN BILLER & ASSOCIATES6+ years

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

Service code 27 · EIN 94-2854958

Advisory (Plan)

$65,489

STEPHEN HORN INSURANCE SERVICES6+ years

Service code 53 · EIN 94-3249244

Insurance Commissions

$49,271

MORGAN LEWIS1 year

Service code 29 · EIN 23-0891050

Legal

$5,168

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