Retirement plan

OLD COLONY ELDER SERVICES, INC 401K PLAN

Name: OLD COLONY ELDER SERVICES, INC - OLD COLONY ELDER SERVICES, INC 401K PLAN (2015) Form 5500
Creator: OLD COLONY ELDER SERVICES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OLD COLONY ELDER SERVICES, INC 401K PLAN, OLD COLONY ELDER SERVICES, INC

OLD COLONY ELDER SERVICES, INCEIN 01-0644916Plan #003PY 2015

144 MAIN STREET - BROCKTON, MA 02301508-584-1561ocesma.orgLinkedIn201-500 employeesgovernment administration

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4M

No prior year

Total participants

244

No prior year

Average account balance

$16,813

No prior year

Annual return

0.78%

No prior year

Benchmarks

See 4,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort4,452 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.05M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

338

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$943K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$186

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
BENEFIT PLANS ADMIN SERVICES, INC.1+ years Filed as: BENEFIT PLANS ADMIN SERVICES Service code 15 · EIN 16-1503696	Recordkeeping	$34,461

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

$34K

$161 / participant

Investment mgmt$26K76.8%
Contract admin$8K23.2%

% of EOY assets

0.865%

all-in expense ratio

Categories reported

2 / 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: BURKE & ASSOCIATES CPAS, INC.
Auditor EIN: 020664148
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,813

$46,360-63.7%

$147,617-88.6%

$52,331-67.9%

Participation rate

96.7%

64.9%+31.8pp

84.6%+12.1pp

68.1%+28.6pp

Annual return

0.78%

1.62%-0.8pp

61.98%-61.2pp

4.54%-3.8pp

Employer contribution / active EE

$1,908

$2,126-10.3%

$5,564-65.7%

$1,882+1.4%

Participant deferral / active EE

$1,539

$2,258-31.8%

$4,895-68.6%

$3,022-49.1%

Admin fee / account holder

$145

$766-81.0%

$11,612-98.7%

$592-75.4%

Provider

Service type

Compensation

BENEFIT PLANS ADMIN SERVICES, INC.1+ years

Filed as: BENEFIT PLANS ADMIN SERVICES

Service code 15 · EIN 16-1503696

Recordkeeping

$34,461

OLD COLONY ELDER SERVICES, INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OLD COLONY ELDER SERVICES, INC 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