Retirement plan

SHASTA COUNTY PRIVATE INDUSTRY COUNCIL, INC. 401(K) PROFIT SHARING PLAN

Name: SHASTA COUNTY PRIVATE INDUSTRY COUNCIL, INC. - SHASTA COUNTY PRIVATE INDUSTRY COUNCIL, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: SHASTA COUNTY PRIVATE INDUSTRY COUNCIL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHASTA COUNTY PRIVATE INDUSTRY COUNCIL, INC. 401(K) PROFIT SHARING PLAN, SHASTA COUNTY PRIVATE INDUSTRY COUNCIL, INC.

SHASTA COUNTY PRIVATE INDUSTRY COUNCIL, INC.EIN 94-2652801Plan #003PY 2016

1201 PLACER STREET - REDDING, CA 96001530-246-7911LinkedIn11-50 employeesstaffing and recruiting

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$1.2M

No prior year

Total participants

No prior year

Average account balance

$44,329

No prior year

Annual return

1.65%

No prior year

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.28M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

154.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$157K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2450

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 codes2E2F2G2J3D

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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$57K

$2357 / participant

Other / not subdivided$57K100.0%

% of EOY assets

4.726%

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

$44,329

$181,896-75.6%

$156,551-71.7%

$273,972-83.8%

Participation rate

83.3%

88.4%-5.1pp

84.0%-0.7pp

83.0%+0.3pp

Annual return

1.65%

30.74%-29.1pp

32.23%-30.6pp

41.46%-39.8pp

Employer contribution / active EE

$3,030

$6,248-51.5%

$5,501-44.9%

$4,869-37.8%

Participant deferral / active EE

$1,687

$5,550-69.6%

$4,871-65.4%

$5,287-68.1%

Admin fee / account holder

$2,095

$15,560-86.5%

$13,028-83.9%

$10,133-79.3%

SHASTA COUNTY PRIVATE INDUSTRY COUNCIL, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHASTA COUNTY PRIVATE INDUSTRY COUNCIL, INC. 401(K) PROFIT SHARING 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