Retirement plan

SOLANO/NAPA COUNTIES ELECTRICAL WORKERS PROFIT SHARING PLAN

Name: BOARD OF TRUSTEES OF SOLANO/NAPA COUNTIES ELECTRICAL WORKERS PROFIT - SOLANO/NAPA COUNTIES ELECTRICAL WORKERS PROFIT SHARING PLAN (2016) Form 5500
Creator: BOARD OF TRUSTEES OF SOLANO/NAPA COUNTIES ELECTRICAL WORKERS PROFIT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOLANO/NAPA COUNTIES ELECTRICAL WORKERS PROFIT SHARING PLAN, BOARD OF TRUSTEES OF SOLANO/NAPA COUNTIES ELECTRICAL WORKERS PROFIT

BOARD OF TRUSTEES OF SOLANO/NAPA COUNTIES ELECTRICAL WORKERS PROFITEIN 94-6220673Plan #002PY 2016

2610 CROW CANYON ROAD, SUITE 200 - SAN RAMON, CA 945831599925-208-9999

Other plans on this EIN

1 filing

#001Retirement-$107.8M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$24.4M

+9.2% from 2015

Total participants

709

-1.5% from 2015

Average account balance

$34,458

+10.9% from 2015

Annual return

5.36%

+7.98 pp from 2015

Benchmarks

See 1,079 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,079 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$50.92M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

824

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

$2.88M

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

+10.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$293

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
BENESYS, INC.2+ years Filed as: BENESYS, INC Service code 13 · EIN 38-2383171	Contract Administrator	$52,249
NEYHART, ANDERSON, FLYNN & GROSBOLL2+ years Service code 29 · EIN 94-2576729	Legal	$20,710
LINDQUIST LLP2+ years Service code 10 · EIN 52-2385296	Accounting	$17,765
TD AMERITRADE, INC.2+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 19 · EIN 20-0937408	Securities Custodian	$16,630
VERUS2+ years Filed as: VERUS ADVISORY INC. Service code 27 · EIN 91-1320111	Advisory (Plan)	$10,000

Plan features & details

Pension benefit codes2C2E2F2H2J2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

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

$140K

$387 / participant

Investment mgmt$27K19.0%
Contract admin$52K36.7%
Other / not subdivided$62K44.3%

% of EOY assets

0.575%

all-in expense ratio

Categories reported

2 / 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

$34,458

$57,921-40.5%

$84,753-59.3%

$57,658-40.2%

Participation rate

100.0%

72.9%+27.1pp

76.6%+23.4pp

70.2%+29.8pp

Annual return

5.36%

10.24%-4.9pp

22.78%-17.4pp

5.13%+0.2pp

Employer contribution / active EE

$4,040

$2,598+55.5%

$3,574+13.0%

$1,974+104.7%

Participant deferral / active EE

$1,331

$2,742-51.5%

$3,712-64.1%

$3,061-56.5%

Admin fee / account holder

$198

$130+52.7%

$5,333-96.3%

$95+109.5%

Provider

Service type

Compensation

BENESYS, INC.2+ years

Filed as: BENESYS, INC

Service code 13 · EIN 38-2383171

Contract Administrator

$52,249

NEYHART, ANDERSON, FLYNN & GROSBOLL2+ years

Service code 29 · EIN 94-2576729

Legal

$20,710

LINDQUIST LLP2+ years

Service code 10 · EIN 52-2385296

Accounting

$17,765

TD AMERITRADE, INC.2+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 19 · EIN 20-0937408

Securities Custodian

$16,630

VERUS2+ years

Filed as: VERUS ADVISORY INC.

Service code 27 · EIN 91-1320111

Advisory (Plan)

$10,000

SOLANO/NAPA COUNTIES ELECTRICAL WORKERS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOLANO/NAPA COUNTIES ELECTRICAL WORKERS 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