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 (2017) 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 2017

7180 KOLL CENTER PARKWAY, SUITE 200 - PLEASANTON, CA 945663184925-208-9999

Other plans on this EIN

1 filing

#001Retirement-$118.3M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$29.1M

+19.1% from 2016

Total participants

685

-3.4% from 2016

Average account balance

$42,466

+23.2% from 2016

Annual return

12.99%

+7.63 pp from 2016

Benchmarks

See 1,124 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,124 peers

Snapshot2017

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 6 by compensation

Provider	Service type	Compensation
BENESYS, INC.3+ years Filed as: BENESYS, INC Service code 13 · EIN 38-2383171	Contract Administrator	$54,051
NEYHART, ANDERSON, FLYNN & GROSBOLL3+ years Service code 29 · EIN 94-2576729	Legal	$23,464
LINDQUIST LLP3+ years Service code 10 · EIN 52-2385296	Accounting	$17,792
VERUS3+ years Filed as: VERUS ADVISORY INC. Service code 27 · EIN 91-1320111	Advisory (Plan)	$12,083
TD AMERITRADE, INC.3+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 19 · EIN 20-0937408	Securities Custodian	$9,738
KAUFMAN ROSSIN & CO1 year Filed as: KAUFMAN AND GOBLE Service code 15 · EIN 94-2614826	Recordkeeping	$2,123

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

$129K

$343 / participant

Investment mgmt$22K16.9%
Contract admin$53K41.2%
Other / not subdivided$54K41.9%

% of EOY assets

0.444%

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

$42,466

$60,545-29.9%

$92,240-54.0%

$69,631-39.0%

Participation rate

100.0%

72.2%+27.8pp

76.5%+23.5pp

70.7%+29.3pp

Annual return

12.99%

19.71%-6.7pp

176.29%-163.3pp

27571.02%-27558.0pp

Employer contribution / active EE

$4,928

$2,633+87.1%

$3,680+33.9%

$2,032+142.5%

Participant deferral / active EE

$1,394

$2,828-50.7%

$3,897-64.2%

$3,224-56.7%

Admin fee / account holder

$189

$145+30.2%

$5,194-96.4%

$110+70.7%

Provider

Service type

Compensation

BENESYS, INC.3+ years

Filed as: BENESYS, INC

Service code 13 · EIN 38-2383171

Contract Administrator

$54,051

NEYHART, ANDERSON, FLYNN & GROSBOLL3+ years

Service code 29 · EIN 94-2576729

Legal

$23,464

LINDQUIST LLP3+ years

Service code 10 · EIN 52-2385296

Accounting

$17,792

VERUS3+ years

Filed as: VERUS ADVISORY INC.

Service code 27 · EIN 91-1320111

Advisory (Plan)

$12,083

TD AMERITRADE, INC.3+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 19 · EIN 20-0937408

Securities Custodian

$9,738

KAUFMAN ROSSIN & CO1 year

Filed as: KAUFMAN AND GOBLE

Service code 15 · EIN 94-2614826

Recordkeeping

$2,123

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