Retirement plan

TELACU ACCUMULATION PLAN

Name: THE EAST LOS ANGELES COMMUNITY UNION - TELACU ACCUMULATION PLAN (2015) Form 5500
Creator: THE EAST LOS ANGELES COMMUNITY UNION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TELACU ACCUMULATION PLAN, THE EAST LOS ANGELES COMMUNITY UNION

THE EAST LOS ANGELES COMMUNITY UNIONEIN 95-2554256Plan #002PY 2015

5400 EAST OLYMPIC BLVD. SUITE 300 - LOS ANGELES, CA 900225187323-721-1655LinkedIn201-500 employeesinvestment management

Prospect flagsHigh cashLow participation

How to read this page

Total assets (EOY)

$25.2M

No prior year

Total participants

509

No prior year

Average account balance

$71,924

No prior year

Annual return

1.96%

No prior year

Benchmarks

See 227 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants250-999

Cohort227 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.05M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

432

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.

60.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.65M

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

+9.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$99

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
CITIZENS BANK1+ years Filed as: CITIZENS BUSINESS BANK Service code 18 · EIN 95-6806148 1010 COLORADO BLVD 2ND FLOOR · PASADENA, CA 911062311	Custodial (other than securities)	$22,453
THE RYDING COMPANY1+ years Service code 13 · EIN 95-3497679 2659 TOWNSGATE ROAD · WESTLAKE VILLAGE, CA 91361	Contract Administrator	$2,300
AMERICAN FUNDS1+ years Service code 28 · EIN 95-1411037 1010 COLORADO BLVD · PASADENA, CA 91106	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Filed as: FIDELITY FUNDS Service code 28 · EIN 06-1194217 1010 COLORADO BLVD · PASADENA, CA 91106	Investment Management	$0
NEUBERGER BERMAN1+ years Filed as: NEUBERGER BERMAN MGMT. INC Service code 28 · EIN 13-5521910 1010 COLORADO BLVD · PASADENA, CA 91106	Investment Management	$0
VOYA RETIREMENT INSURANCE & ANNUITY1+ years Filed as: VOYA RETIREMENT INSURANCE Service code 63 · EIN 71-0294708 1010 COLORADO BLVD · PASADENA, CA 91106	12b-1 Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$11K

$29 / participant

Investment mgmt$11K100.0%

% of EOY assets

0.044%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HEDMAN PARTNERS
Auditor EIN: 954485080
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,924

$57,435+25.2%

$105,218-31.6%

$55,191+30.3%

Participation rate

58.8%

71.3%-12.5pp

77.2%-18.4pp

69.2%-10.4pp

Annual return

1.96%

2.97%-1.0pp

5.33%-3.4pp

10.78%-8.8pp

Employer contribution / active EE

$607

$1,920-68.4%

$3,255-81.3%

$1,899-68.0%

Participant deferral / active EE

$3,036

$3,495-13.1%

$4,867-37.6%

$3,046-0.3%

Admin fee / account holder

$32

$70-54.9%

$6,992-99.5%

$91-65.0%

Provider

Service type

Compensation

CITIZENS BANK1+ years

Filed as: CITIZENS BUSINESS BANK

Service code 18 · EIN 95-6806148

1010 COLORADO BLVD 2ND FLOOR · PASADENA, CA 911062311

Custodial (other than securities)

$22,453

THE RYDING COMPANY1+ years

Service code 13 · EIN 95-3497679

2659 TOWNSGATE ROAD · WESTLAKE VILLAGE, CA 91361

Contract Administrator

$2,300

AMERICAN FUNDS1+ years

Service code 28 · EIN 95-1411037

1010 COLORADO BLVD · PASADENA, CA 91106

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Filed as: FIDELITY FUNDS

Service code 28 · EIN 06-1194217

1010 COLORADO BLVD · PASADENA, CA 91106

Investment Management

NEUBERGER BERMAN1+ years

Filed as: NEUBERGER BERMAN MGMT. INC

Service code 28 · EIN 13-5521910

1010 COLORADO BLVD · PASADENA, CA 91106

Investment Management

VOYA RETIREMENT INSURANCE & ANNUITY1+ years

Filed as: VOYA RETIREMENT INSURANCE

Service code 63 · EIN 71-0294708

1010 COLORADO BLVD · PASADENA, CA 91106

12b-1 Fees

TELACU ACCUMULATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TELACU ACCUMULATION 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