Retirement plan

CALIFORNIA THOROUGHBRED TRAINERS BACKSTRETCH EMPLOYEES' RETIREMENT SAVINGS PENSION PLAN

Name: CALIFORNIA THOROUGHBRED TRAINERS - CALIFORNIA THOROUGHBRED TRAINERS BACKSTRETCH EMPLOYEES' RETIREMENT SAVINGS PENSION PLAN (2019) Form 5500
Creator: CALIFORNIA THOROUGHBRED TRAINERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA THOROUGHBRED TRAINERS BACKSTRETCH EMPLOYEES' RETIREMENT SAVINGS PENSION PLAN, CALIFORNIA THOROUGHBRED TRAINERS

CALIFORNIA THOROUGHBRED TRAINERSEIN 95-3946289Plan #004PY 2019

285 W. HUNTINGTON DRIVE - ARCADIA, CA 91007626-447-2145caltrainers.orgLinkedIn1001-5000 employeesnon-profit organization management

Other plans on this EIN

1 filing

#003Retirement-$1.6M assets

Prospect flagsHigh cashLow participationLow assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$12.3M

+242.4% from 2018

Total participants

1,324

+53.6% from 2018

Average account balance

$13,800

No prior year

Annual return

183.12%

+183.12 pp from 2018

Benchmarks

See 242 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort242 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.40M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

1,163

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.

78.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+8.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$127

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 8 by compensation

Provider	Service type	Compensation
ONEDIGITAL INVESTMENT ADVISORS LLC1 year Filed as: KRAVITZ, LLC Service code 17 · EIN 82-3719843	Pension Consulting	$28,540
DARIN WHITE1 year Service code 15 · EIN 95-3946289	Recordkeeping	$21,324
CALIFORNIA THOROUGHBRED TRAINERS1 year Service code 14 · EIN 95-3946289	Plan Administrator	$20,529
SHEPPARD MULLIN1 year Filed as: SHEPPARD, MULLIN, RICHTER & HAMPTON Service code 29 · EIN 95-1463164	Legal	$12,177
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 49 415 8TH AVE NE · BRAINERD, MN 56401	Other Services	$11,880
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 13 · EIN 71-0294708	Contract Administrator	$8,850
URMILA PERIASAMY DBA SOCAL MAILING1 year Service code 49 2328 DURFEE AVENUE, SUITE A · EL MONTE, CA 91732	Other Services	$7,340
MMA SECURITIES LLC1 year Filed as: MARSH RISK & INSURANCE SERVICES Service code 53 · EIN 36-1436000	Insurance Commissions	$6,599

Plan features & details

Pension benefit codes2E2F2G3D

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.
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

4 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.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$175K

$149 / participant

Contract admin$9K5.1%
Other / not subdivided$166K94.9%

% of EOY assets

1.425%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,800

$44,794-69.2%

$90,324-84.7%

$77,775-82.3%

Participation rate

62.9%

66.6%-3.7pp

73.3%-10.4pp

73.2%-10.4pp

Annual return

183.12%

28.23%+154.9pp

78.15%+105.0pp

32.58%+150.5pp

Employer contribution / active EE

$1,881

$1,809+4.0%

$2,856-34.1%

$2,504-24.9%

Participant deferral / active EE

$2,642-100.0%

$3,885-100.0%

$3,966-100.0%

Admin fee / account holder

$197

$94+108.3%

$5,356-96.3%

$100+96.6%

Provider

Service type

Compensation

ONEDIGITAL INVESTMENT ADVISORS LLC1 year

Filed as: KRAVITZ, LLC

Service code 17 · EIN 82-3719843

Pension Consulting

$28,540

DARIN WHITE1 year

Service code 15 · EIN 95-3946289

Recordkeeping

$21,324

CALIFORNIA THOROUGHBRED TRAINERS1 year

Service code 14 · EIN 95-3946289

Plan Administrator

$20,529

SHEPPARD MULLIN1 year

Filed as: SHEPPARD, MULLIN, RICHTER & HAMPTON

Service code 29 · EIN 95-1463164

Legal

$12,177

ASCENSUS LLC1 year

Filed as: ASCENSUS

Service code 49

415 8TH AVE NE · BRAINERD, MN 56401

Other Services

$11,880

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 13 · EIN 71-0294708

Contract Administrator

$8,850

URMILA PERIASAMY DBA SOCAL MAILING1 year

Service code 49

2328 DURFEE AVENUE, SUITE A · EL MONTE, CA 91732

Other Services

$7,340

MMA SECURITIES LLC1 year

Filed as: MARSH RISK & INSURANCE SERVICES

Service code 53 · EIN 36-1436000

Insurance Commissions

$6,599

CALIFORNIA THOROUGHBRED TRAINERS BACKSTRETCH EMPLOYEES' RETIREMENT SAVINGS PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA THOROUGHBRED TRAINERS BACKSTRETCH EMPLOYEES' RETIREMENT SAVINGS PENSION 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