Retirement plan

TRANQUILITY IRRIGATION DISTRICT RETIREMENT PLAN

Name: TRANQUILITY IRRIGATION DISTRICT RETIREMENT TRUST - TRANQUILITY IRRIGATION DISTRICT RETIREMENT PLAN (2019) Form 5500
Creator: TRANQUILITY IRRIGATION DISTRICT RETIREMENT TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRANQUILITY IRRIGATION DISTRICT RETIREMENT PLAN, TRANQUILITY IRRIGATION DISTRICT RETIREMENT TRUST

TRANQUILITY IRRIGATION DISTRICT RETIREMENT TRUSTEIN 94-6001440Plan #003PY 2019

P. O. BOX 487 - TRANQUILITY, CA 93668559-698-7225

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.8M

+33.4% from 2018

Total participants

0.0% from 2018

Average account balance

$181,190

+20.1% from 2018

Annual return

20.40%

+24.26 pp from 2018

Benchmarks

See 1,379 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,379 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.43M

Not enough data

1 years with asset history on file

Average account balance

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

$312K

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.

110.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$217K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+10.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$38185

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$100

$11 / participant

Other / not subdivided$100100.0%

% of EOY assets

0.006%

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

$181,190

$102,828+76.2%

$105,387+71.9%

$152,897+18.5%

Participation rate

88.9%

83.8%+5.1pp

82.6%+6.3pp

82.5%+6.4pp

Annual return

20.40%

20.85%-0.4pp

26.82%-6.4pp

345.43%-325.0pp

Employer contribution / active EE

$12,932

$4,473+189.1%

$4,213+206.9%

$4,764+171.5%

Participant deferral / active EE

$6,676

$5,465+22.2%

$5,502+21.3%

$5,851+14.1%

Admin fee / account holder

$10

$8,683-99.9%

$6,559-99.8%

$11,599-99.9%

TRANQUILITY IRRIGATION DISTRICT RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRANQUILITY IRRIGATION DISTRICT RETIREMENT 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