Retirement plan

PRINCESS CRUISES RETIREMENT SAVINGS PLAN

Name: PRINCESS CRUISE LINES, LTD. - PRINCESS CRUISES RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: PRINCESS CRUISE LINES, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRINCESS CRUISES RETIREMENT SAVINGS PLAN, PRINCESS CRUISE LINES, LTD.

PRINCESS CRUISE LINES, LTD.EIN 98-0215899Plan #002PY 2016

430 THIRD AVENENUE WEST - SEATTLE, WA 98119206-626-8245LinkedIn1001-5000 employeesleisure, travel & tourism

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$230.6M

-9.6% from 2016

Total participants

3,595

+5.4% from 2016

Average account balance

$88,681

-15.0% from 2016

Annual return

8.78%

-8.17 pp from 2016

Benchmarks

See 243 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort243 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$352.61M

Not enough data

1 years with asset history on file

Average account balance

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

$158K

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.

2,226

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.

64.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$128

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 3 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393	Recordkeeping	$265,513
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 16 · EIN 13-2638165	Consulting	$40,000
SWEENY CONRAD1 year Service code 50 · EIN 98-0215899	Direct Payment	$12,000

Plan features & details

Pension benefit codes2E2F2G2J2K2T3F

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$306K

$105 / participant

Other / not subdivided$306K100.0%

% of EOY assets

0.133%

all-in expense ratio

Categories reported

0 / 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: SWEENEY CONRAD
Auditor EIN: 911301672
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,681

$168,231-47.3%

$67,836+30.7%

$63,975+38.6%

Participation rate

65.9%

66.8%-0.9pp

68.8%-2.9pp

71.1%-5.2pp

Annual return

8.78%

11.76%-3.0pp

138.49%-129.7pp

48.65%-39.9pp

Employer contribution / active EE

$2,030

$1,907+6.4%

$2,404-15.5%

$2,182-6.9%

Participant deferral / active EE

$3,588

$2,827+26.9%

$3,160+13.5%

$3,356+6.9%

Admin fee / account holder

$118

$81+46.4%

$4,621-97.4%

$70+67.3%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.2+ years

Service code 15 · EIN 94-1347393

Recordkeeping

$265,513

UBS FINANCIAL SERVICES INC2+ years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 16 · EIN 13-2638165

Consulting

$40,000

SWEENY CONRAD1 year

Service code 50 · EIN 98-0215899

Direct Payment

$12,000

PRINCESS CRUISES RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRINCESS CRUISES RETIREMENT 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