Retirement plan

VAUGHN WATER COMPANY 401(K) PLAN

Name: VAUGHN WATER COMPANY - VAUGHN WATER COMPANY 401(K) PLAN (2016) Form 5500
Creator: VAUGHN WATER COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VAUGHN WATER COMPANY 401(K) PLAN, VAUGHN WATER COMPANY

VAUGHN WATER COMPANYEIN 95-1600230Plan #002PY 2016

10014 GLENN STREET - BAKERSFIELD, CA 93312661-589-2931LinkedIn11-50 employeesutilities

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+16.4% from 2015

Total participants

+10.0% from 2015

Average account balance

$81,396

+10.6% from 2015

Annual return

6.32%

+8.08 pp from 2015

Benchmarks

See 6,057 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort6,057 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.82M

Not enough data

1 years with asset history on file

Average account balance

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

$148K

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.

105.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$213K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+9.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16035

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).

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

$81,396

$83,337-2.3%

$67,834+20.0%

$273,972-70.3%

Participation rate

87.5%

76.4%+11.1pp

68.8%+18.7pp

83.0%+4.5pp

Annual return

6.32%

259.45%-253.1pp

138.47%-132.2pp

41.46%-35.1pp

Employer contribution / active EE

$7,456

$3,287+126.8%

$2,403+210.2%

$4,869+53.1%

Participant deferral / active EE

$1,392

$4,088-66.0%

$3,160-56.0%

$5,287-73.7%

Admin fee / account holder

$6,752-100.0%

$4,622-100.0%

$10,133-100.0%

VAUGHN WATER COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

VAUGHN WATER COMPANY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion