Retirement plan

HAWAII STEVEDORES 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES

Name: HAWAII STEVEDORES, INC. - HAWAII STEVEDORES 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES (2016) Form 5500
Creator: HAWAII STEVEDORES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAWAII STEVEDORES 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES, HAWAII STEVEDORES, INC.

HAWAII STEVEDORES, INC.EIN 99-0108338Plan #002PY 2016

4040 CIVIC CENTER DRIVE, SUITE 350 - SAN RAFAEL, CA 94903415-927-6491hawaiistevedores.comLinkedIn201-500 employeestransportation/trucking/railroad

Other plans on this EIN

2 filings

#003Retirement-$7.2M assets #001Retirement-$6.2M assets

Prospect flagsLow participationLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$22.3M

+14.9% from 2015

Total participants

451

+18.1% from 2015

Average account balance

$82,264

+15.3% from 2015

Annual return

11.43%

+11.43 pp from 2015

Benchmarks

See 634 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort634 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$45.58M

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

320

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.

61.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+11.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$77

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 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$18,676

Plan features & details

Pension benefit codes2F2G2J2T3D2E

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$20K

$46 / participant

Investment mgmt$2K7.9%
Other / not subdivided$19K92.1%

% of EOY assets

0.091%

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: SHEA LABAGH DOBBERSTEIN, CPA, INC.
Auditor EIN: 942290202
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,264

$39,819+106.6%

$67,834+21.3%

$57,658+42.7%

Participation rate

59.5%

61.2%-1.8pp

68.8%-9.3pp

70.2%-10.8pp

Annual return

11.43%

9.19%+2.2pp

138.47%-127.0pp

5.13%+6.3pp

Employer contribution / active EE

$12

$1,277-99.1%

$2,403-99.5%

$1,974-99.4%

Participant deferral / active EE

$3,458

$2,209+56.5%

$3,160+9.4%

$3,061+13.0%

Admin fee / account holder

$75

$84-10.5%

$4,622-98.4%

$95-20.8%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$18,676

HAWAII STEVEDORES 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HAWAII STEVEDORES 401(K) PLAN FOR COLLECTIVELY BARGAINED EMPLOYEES

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