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 (2017) 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 2017

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+16.8% from 2016

Total participants

+3.2% from 2016

Average account balance

$49,917

+12.6% from 2016

Annual return

14.90%

+13.24 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

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

$78K

$3407 / participant

Other / not subdivided$78K100.0%

% of EOY assets

5.607%

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

$49,917

$198,457-74.8%

$170,435-70.7%

$147,586-66.2%

Participation rate

82.6%

88.0%-5.4pp

83.6%-1.0pp

82.8%-0.2pp

Annual return

14.90%

257.30%-242.4pp

205.94%-191.0pp

578.59%-563.7pp

Employer contribution / active EE

$2,242

$6,183-63.7%

$5,432-58.7%

$4,876-54.0%

Participant deferral / active EE

$2,138

$5,629-62.0%

$4,939-56.7%

$5,439-60.7%

Admin fee / account holder

$2,799

$16,852-83.4%

$13,881-79.8%

$10,886-74.3%

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