Retirement plan

CALIFORNIA THOROUGHBRED BREEDERS ASSOC. PROFIT SHARING AND SAVINGS PLAN

Name: CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION - CALIFORNIA THOROUGHBRED BREEDERS ASSOC. PROFIT SHARING AND SAVINGS PLAN (2018) Form 5500
Creator: CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA THOROUGHBRED BREEDERS ASSOC. PROFIT SHARING AND SAVINGS PLAN, CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATION

CALIFORNIA THOROUGHBRED BREEDERS ASSOCIATIONEIN 95-1682276Plan #001PY 2018

P.O. BOX 60018 - ARCADIA, CA 910666018626-445-7800ctba.comLinkedIn1-10 employees

Prospect flagsHigh feesLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.5M

-4.0% from 2017

Total participants

0.0% from 2017

Average account balance

$190,258

+8.0% from 2017

Annual return

-4.66%

-18.60 pp from 2017

Benchmarks

See 8,369 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,369 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.31M

Not enough data

1 years with asset history on file

Average account balance

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

$330K

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

$39K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6613

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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$18K

$1767 / participant

Other / not subdivided$18K100.0%

% of EOY assets

1.161%

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

$190,258

$97,020+96.1%

$83,327+128.3%

$135,380+40.5%

Participation rate

70.0%

80.4%-10.4pp

77.8%-7.8pp

82.6%-12.6pp

Annual return

-4.66%

12.31%-17.0pp

10.64%-15.3pp

519.81%-524.5pp

Employer contribution / active EE

$1,084

$4,144-73.8%

$3,379-67.9%

$4,779-77.3%

Participant deferral / active EE

$1,477

$5,964-75.2%

$5,565-73.5%

$5,609-73.7%

Admin fee / account holder

$2,209

$8,426-73.8%

$7,540-70.7%

$10,828-79.6%

CALIFORNIA THOROUGHBRED BREEDERS ASSOC. PROFIT SHARING AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA THOROUGHBRED BREEDERS ASSOC. PROFIT SHARING AND SAVINGS 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