Retirement plan

SAN JOAQUIN REFINING COMPANY 401K PLAN

Name: SAN JOAQUIN REFINING COMPANY, INC. - SAN JOAQUIN REFINING COMPANY 401K PLAN (2018) Form 5500
Creator: SAN JOAQUIN REFINING COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAN JOAQUIN REFINING COMPANY 401K PLAN, SAN JOAQUIN REFINING COMPANY, INC.

SAN JOAQUIN REFINING COMPANY, INC.EIN 95-3341023Plan #003PY 2018

PO BOX 5576 - BAKERSFIELD, CA 93388661-327-4257sjr.comLinkedIn51-200 employeesoil & energy

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22.7M

-4.2% from 2017

Total participants

147

-3.3% from 2017

Average account balance

$154,119

-1.6% from 2017

Annual return

-3.75%

-20.71 pp from 2017

Benchmarks

See 1,975 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,975 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.22M

Not enough data

1 years with asset history on file

Average account balance

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

$243K

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.

149

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.

96.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.36M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+12.45%

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 4 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY3 years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708	Advisory (Participants)	$19,556
MORNINGSTAR2 years Filed as: MORINGSTAR Service code 27	Advisory (Plan)	$11,644
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381	Advisory (Participants)	$7,912
MORNINGSTAR3 years Service code 26 · EIN 36-3297908	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$22K

$172 / participant

Contract admin$22K100.0%

% of EOY assets

0.097%

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: KEATHLEY,MAXWELL&ANTONGIOVANNI,LLP
Auditor EIN: 770344660
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$154,119

$58,093+165.3%

$80,022+92.6%

$56,289+173.8%

Participation rate

100.0%

73.6%+26.4pp

75.8%+24.2pp

69.9%+30.1pp

Annual return

-3.75%

34.63%-38.4pp

11.22%-15.0pp

-9.96%+6.2pp

Employer contribution / active EE

$3,342

$1,933+72.9%

$2,468+35.4%

$2,111+58.3%

Participant deferral / active EE

$5,637

$3,136+79.8%

$3,686+52.9%

$3,350+68.3%

Admin fee / account holder

$150

$623-75.9%

$6,521-97.7%

$521-71.2%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY3 years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 26 · EIN 71-0294708

Advisory (Participants)

$19,556

MORNINGSTAR2 years

Filed as: MORINGSTAR

Service code 27

Advisory (Plan)

$11,644

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MGMT LLC

Service code 26 · EIN 36-4317381

Advisory (Participants)

$7,912

MORNINGSTAR3 years

Service code 26 · EIN 36-3297908

Advisory (Participants)

SAN JOAQUIN REFINING COMPANY 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAN JOAQUIN REFINING COMPANY 401K 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