Retirement plan

CAPE LIBRARIES AUTOMATED MATERIALS SHARING 403(B) DC PLAN

Name: CAPE LIBRARIES AUTOMATED MATERIALS SHARING, INC. - CAPE LIBRARIES AUTOMATED MATERIALS SHARING 403(B) DC PLAN (2018) Form 5500
Creator: CAPE LIBRARIES AUTOMATED MATERIALS SHARING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAPE LIBRARIES AUTOMATED MATERIALS SHARING 403(B) DC PLAN, CAPE LIBRARIES AUTOMATED MATERIALS SHARING, INC.

CAPE LIBRARIES AUTOMATED MATERIALS SHARING, INC.EIN 04-3012617Plan #001PY 2018

270 COMMUNICATION WAY UNIT 4E - HYANNIS, MA 026011883508-790-4399LinkedIn11-50 employeesinformation services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$460K

-3.2% from 2017

Total participants

+7.7% from 2017

Average account balance

$35,352

-3.2% from 2017

Annual return

-4.17%

-20.16 pp from 2017

Benchmarks

See 8,370 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,370 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.50M

Not enough data

1 years with asset history on file

Average account balance

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

$136K

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.

220.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$66K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+11.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$734

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 codes2C2F2G2L

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

1 tripped

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

$10K

$1598 / participant

Other / not subdivided$10K100.0%

% of EOY assets

2.086%

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

$35,352

$97,027-63.6%

$83,323-57.6%

$135,382-73.9%

Participation rate

83.3%

80.4%+2.9pp

77.8%+5.6pp

82.6%+0.7pp

Annual return

-4.17%

12.31%-16.5pp

10.63%-14.8pp

519.77%-523.9pp

Employer contribution / active EE

$2,402

$4,143-42.0%

$3,379-28.9%

$4,779-49.7%

Participant deferral / active EE

$5,964-100.0%

$5,565-100.0%

$5,609-100.0%

Admin fee / account holder

$737

$8,427-91.2%

$7,539-90.2%

$10,829-93.2%

CAPE LIBRARIES AUTOMATED MATERIALS SHARING 403(B) DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAPE LIBRARIES AUTOMATED MATERIALS SHARING 403(B) DC 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