Retirement plan

COPLEY AT STOUGHTON 401(K) RETIREMENT PLAN

Name: COPLEY AT STOUGHTON - COPLEY AT STOUGHTON 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: COPLEY AT STOUGHTON
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COPLEY AT STOUGHTON 401(K) RETIREMENT PLAN, COPLEY AT STOUGHTON

COPLEY AT STOUGHTONEIN 04-3015167Plan #001PY 2020

380 SUMNER ST - STOUGHTON, MA 020723430781-341-2300copleystoughton.comLinkedIn11-50 employeeshospital & health care

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$2.3M

+26.6% from 2019

Total participants

168

-5.6% from 2019

Average account balance

$37,543

+10.0% from 2019

Annual return

17.37%

-6.72 pp from 2019

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.10M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

46.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$411K

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

+10.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2834

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

Top 3 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH3 years Filed as: CAMBRIDGE INVESTMENT RESEARCH INC. Service code 27 1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 52266	Advisory (Plan)	$8,694
BENEFIT PLANS ADMIN SERVICES, INC.6+ years Filed as: BENEFIT PLANS ADMIN SERVICES Service code 15 · EIN 16-1503696 6 RHOADS DRIVE · UTICA, NY 13502	Recordkeeping	$5,534
RJ20, INC.3 years Service code 49 3800 PARAMOUNT PARKWAY · MORRISVILLE, NC 27560	Other Services	$756

Plan features & details

Pension benefit codes2E2G2J2K2T3D3H2F

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$15K

$96 / participant

Investment mgmt$11K70.8%
Contract admin$3K20.6%
Other / not subdivided$1K8.6%

% of EOY assets

0.654%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,543

$58,888-36.2%

$178,499-79.0%

$73,493-48.9%

Participation rate

31.4%

66.2%-34.8pp

81.9%-50.5pp

70.7%-39.3pp

Annual return

17.37%

24.86%-7.5pp

151.10%-133.7pp

28.51%-11.1pp

Employer contribution / active EE

$2,236-100.0%

$5,011-100.0%

$2,270-100.0%

Participant deferral / active EE

$1,468

$2,568-42.8%

$5,202-71.8%

$3,740-60.8%

Admin fee / account holder

$246

$400-38.6%

$13,986-98.2%

$513-52.1%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH3 years

Filed as: CAMBRIDGE INVESTMENT RESEARCH INC.

Service code 27

1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 52266

Advisory (Plan)

$8,694

BENEFIT PLANS ADMIN SERVICES, INC.6+ years

Filed as: BENEFIT PLANS ADMIN SERVICES

Service code 15 · EIN 16-1503696

6 RHOADS DRIVE · UTICA, NY 13502

Recordkeeping

$5,534

RJ20, INC.3 years

Service code 49

3800 PARAMOUNT PARKWAY · MORRISVILLE, NC 27560

Other Services

$756

COPLEY AT STOUGHTON 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COPLEY AT STOUGHTON 401(K) 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