Retirement plan

403(B) THRIFT PLAN OF COMMUNITY ACTION COMMITTEE OF CAPE COD ISLANDS, INC.

Name: COMMUNITY ACTION COMMITTEE OF CAPE COD ISLANDS, INC. - 403(B) THRIFT PLAN OF COMMUNITY ACTION COMMITTEE OF CAPE COD ISLANDS, INC. (2017) Form 5500
Creator: COMMUNITY ACTION COMMITTEE OF CAPE COD ISLANDS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF COMMUNITY ACTION COMMITTEE OF CAPE COD ISLANDS, INC., COMMUNITY ACTION COMMITTEE OF CAPE COD ISLANDS, INC.

COMMUNITY ACTION COMMITTEE OF CAPE COD ISLANDS, INC.EIN 04-2396835Plan #001PY 2017

88 NORTH ST - HYANNIS, MA 026013841508-771-1727cacci.ccLinkedIn11-50 employeesindividual & family services

Prospect flagsHigh feesLow assets / participantLow employer contributionWind-down / frozen

How to read this page

Total assets (EOY)

$141K

-61.9% from 2016

Total participants

-21.4% from 2016

Average account balance

$12,777

-54.9% from 2016

Annual return

12.92%

+4.59 pp from 2016

Benchmarks

See 106,903 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort106,903 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$228K

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$887

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

+10.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$322

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 codes2F2G3D

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.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$281K

$140253 / participant

Other / not subdivided$281K100.0%

% of EOY assets

199.584%

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

$12,777

$198,457-93.6%

$170,435-92.5%

$147,586-91.3%

Participation rate

100.0%

88.0%+12.0pp

83.6%+16.4pp

82.8%+17.2pp

Annual return

12.92%

257.30%-244.4pp

205.94%-193.0pp

578.59%-565.7pp

Employer contribution / active EE

$6,183-100.0%

$5,432-100.0%

$4,876-100.0%

Participant deferral / active EE

$2,320

$5,629-58.8%

$4,939-53.0%

$5,439-57.3%

Admin fee / account holder

$25,500

$16,852+51.3%

$13,881+83.7%

$10,886+134.3%

403(B) THRIFT PLAN OF COMMUNITY ACTION COMMITTEE OF CAPE COD ISLANDS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF COMMUNITY ACTION COMMITTEE OF CAPE COD ISLANDS, INC.

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