Retirement plan

CFCS EMPLOYEE DEFERRAL 403(B) PLAN

Name: CAMBRIDGE FAMILY AND CHILDREN'S SERVICE, INC. - CFCS EMPLOYEE DEFERRAL 403(B) PLAN (2018) Form 5500
Creator: CAMBRIDGE FAMILY AND CHILDREN'S SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CFCS EMPLOYEE DEFERRAL 403(B) PLAN, CAMBRIDGE FAMILY AND CHILDREN'S SERVICE, INC.

CAMBRIDGE FAMILY AND CHILDREN'S SERVICE, INC.EIN 04-2104057Plan #001PY 2018

60 GORE STREET - CAMBRIDGE, MA 021411278617-876-4210helpfamilies.orgLinkedIn51-200 employeesindividual & family services

Other plans on this EIN

1 filing

#003Retirement-$1.1M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.2M

-19.3% from 2017

Total participants

118

+1.7% from 2017

Average account balance

$17,716

-18.1% from 2017

Annual return

-3.84%

-19.15 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.48M

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.

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.

90.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$172K

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

+13.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3126

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2M2T

Plan features

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$402K

$4462 / participant

Other / not subdivided$402K100.0%

% of EOY assets

34.876%

all-in expense ratio

Categories reported

0 / 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

$17,716

$75,962-76.7%

$154,108-88.5%

$64,173-72.4%

Participation rate

41.1%

70.4%-29.3pp

83.0%-41.9pp

69.6%-28.5pp

Annual return

-3.84%

30.32%-34.2pp

735.21%-739.0pp

7.63%-11.5pp

Employer contribution / active EE

$409

$3,350-87.8%

$5,298-92.3%

$2,381-82.8%

Participant deferral / active EE

$1,436

$3,175-54.8%

$5,081-71.7%

$3,470-58.6%

Admin fee / account holder

$6,179

$5,589+10.6%

$13,411-53.9%

$4,887+26.4%

CFCS EMPLOYEE DEFERRAL 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CFCS EMPLOYEE DEFERRAL 403(B) 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