Retirement plan

AWAII CARE & CLEANING 401(K) PLAN

Name: HAWAII CARE & CLEANING - AWAII CARE & CLEANING 401(K) PLAN (2018) Form 5500
Creator: HAWAII CARE & CLEANING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AWAII CARE & CLEANING 401(K) PLAN, HAWAII CARE & CLEANING

HAWAII CARE & CLEANINGEIN 99-0222941Plan #001PY 2018

4374 KUKUI GROVE STREET, #101 - LIHUE, HI 96766808-245-6514

Prospect flagsLow assets / participantLow employer contributionLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$1.3M

-5.3% from 2017

Total participants

145

-4.6% from 2017

Average account balance

$11,176

-0.4% from 2017

Annual return

-2.41%

-13.79 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.75M

Not enough data

1 years with asset history on file

Average account balance

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

$7K

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.

237

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.

52.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$338

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

+12.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64

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 10 of 13 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$13,784
ALLIANCE PENSION CONSULTANTS, LLC1 year Filed as: ALLIANCE GLOBAL INVESTORS Service code 52	Indirect Investment Fees	$0
ALLIANZ GLOBAL INVESTORS1 year Filed as: ALLIANZ GLOVAL INVESTORS Service code 52 · EIN 06-1349805	Indirect Investment Fees	$0
AMERICAN CENTURY2 years Service code 52 · EIN 43-1646043	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Service code 52 · EIN 13-3151768	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 84-0933032	Indirect Investment Fees	$0
JANUS HENDERSON2 years Service code 52 · EIN 84-0592523	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASACHUSETTS MUTUAL LIFE INS CO Service code 72	Other investment fees and expenses	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS LIFE INS CO Service code 52	Indirect Investment Fees	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL IFE INS CO Service code 52	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$14K

$97 / participant

Contract admin$14K100.0%

% of EOY assets

1.063%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,176

$44,873-75.1%

$79,466-85.9%

$56,287-80.1%

Participation rate

79.6%

68.7%+10.8pp

73.3%+6.2pp

69.9%+9.7pp

Annual return

-2.41%

0.81%-3.2pp

718.28%-720.7pp

-9.96%+7.5pp

Employer contribution / active EE

$127

$2,140-94.1%

$2,800-95.5%

$2,111-94.0%

Participant deferral / active EE

$664

$2,746-75.8%

$3,704-82.1%

$3,350-80.2%

Admin fee / account holder

$119

$418-71.6%

$5,104-97.7%

$521-77.2%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$13,784

ALLIANCE PENSION CONSULTANTS, LLC1 year

Filed as: ALLIANCE GLOBAL INVESTORS

Service code 52

Indirect Investment Fees

ALLIANZ GLOBAL INVESTORS1 year

Filed as: ALLIANZ GLOVAL INVESTORS

Service code 52 · EIN 06-1349805

Indirect Investment Fees

AMERICAN CENTURY2 years

Service code 52 · EIN 43-1646043

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Service code 52 · EIN 13-3151768

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 84-0933032

Indirect Investment Fees

JANUS HENDERSON2 years

Service code 52 · EIN 84-0592523

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASACHUSETTS MUTUAL LIFE INS CO

Service code 72

Other investment fees and expenses

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS LIFE INS CO

Service code 52

Indirect Investment Fees

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL IFE INS CO

Service code 52

Indirect Investment Fees

AWAII CARE & CLEANING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AWAII CARE & CLEANING 401(K) 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