Retirement plan

LINCOLN AVENUE WATER COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST

Name: LINCOLN AVENUE WATER COMPANY - LINCOLN AVENUE WATER COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST (2018) Form 5500
Creator: LINCOLN AVENUE WATER COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LINCOLN AVENUE WATER COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST, LINCOLN AVENUE WATER COMPANY

LINCOLN AVENUE WATER COMPANYEIN 95-0937105Plan #002PY 2018

564 W. HARRIET STREET - ALTADENA, CA 910014537626-798-9101lawc.orgLinkedIn1-10 employeesutilities

Other plans on this EIN

1 filing

#001Retirement-$2.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.6M

-2.9% from 2017

Total participants

+9.1% from 2017

Average account balance

$160,080

+6.8% from 2017

Annual return

6.12%

-2.25 pp from 2017

Benchmarks

See 1,324 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants<25

Cohort1,324 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.41M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$103K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3505

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

$279K

$23268 / participant

Other / not subdivided$279K100.0%

% of EOY assets

17.442%

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

$160,080

$90,590+76.7%

$90,782+76.3%

$135,379+18.2%

Participation rate

83.3%

83.7%-0.4pp

82.7%+0.7pp

82.6%+0.7pp

Annual return

6.12%

-3.40%+9.5pp

-3.42%+9.5pp

519.79%-513.7pp

Employer contribution / active EE

$5,417

$4,352+24.4%

$4,105+31.9%

$4,779+13.3%

Participant deferral / active EE

$4,014

$5,407-25.8%

$5,366-25.2%

$5,609-28.4%

Admin fee / account holder

$27,921

$7,683+263.4%

$5,908+372.6%

$10,828+157.9%

LINCOLN AVENUE WATER COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LINCOLN AVENUE WATER COMPANY 401(K) SALARY REDUCTION PLAN AND TRUST

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