Retirement plan

COMMUNITY TEAMWORK, INC. RETIREMENT PLAN

Name: COMMUNITY TEAMWORK INC. - COMMUNITY TEAMWORK, INC. RETIREMENT PLAN (2017) Form 5500
Creator: COMMUNITY TEAMWORK INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY TEAMWORK, INC. RETIREMENT PLAN, COMMUNITY TEAMWORK INC.

COMMUNITY TEAMWORK INC.EIN 04-2382027Plan #003PY 2017

155 MERRIMACK ST. - LOWELL, MA 01852978-459-0551comteam.orgLinkedIn11-50 employeesindividual & family services

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$20.8M

+7.4% from 2016

Total participants

708

+5.2% from 2016

Average account balance

$31,007

-3.8% from 2016

Annual return

10.24%

+4.33 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.19M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

903

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.

95.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$38

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 2 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK3+ years Service code 27 · EIN 04-2675571	Advisory (Plan)	$38,147
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$4,000

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$43K

$91 / participant

Other / not subdivided$43K100.0%

% of EOY assets

0.207%

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: ANSTISS & CO.,P.C.
Auditor EIN: 042917204
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,007

$46,173-32.8%

$170,435-81.8%

$69,631-55.5%

Participation rate

92.5%

63.9%+28.6pp

83.6%+8.9pp

70.7%+21.8pp

Annual return

10.24%

21.62%-11.4pp

205.94%-195.7pp

27571.02%-27560.8pp

Employer contribution / active EE

$1,486

$1,610-7.7%

$5,432-72.6%

$2,032-26.9%

Participant deferral / active EE

$1,130

$2,080-45.7%

$4,939-77.1%

$3,224-65.0%

Admin fee / account holder

$64

$116-44.6%

$13,881-99.5%

$110-41.8%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK3+ years

Service code 27 · EIN 04-2675571

Advisory (Plan)

$38,147

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$4,000

COMMUNITY TEAMWORK, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY TEAMWORK, INC. RETIREMENT 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