Retirement plan

COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS 401(K) PLAN

Name: COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS, INC. - COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS 401(K) PLAN (2020) Form 5500
Creator: COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS 401(K) PLAN, COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS, INC.

COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS, INC.EIN 04-3280353Plan #001PY 2020

128 UNION STREET, SUITE 403 - NEW BEDFORD, MA 02740508-996-8253southcoastcf.orgLinkedIn1-10 employeesphilanthropy

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$575K

+41.7% from 2019

Total participants

+12.5% from 2019

Average account balance

$35,912

+15.2% from 2019

Annual return

15.76%

-4.38 pp from 2019

Benchmarks

See 36,192 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,192 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$491K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$64K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9152

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$285

$36 / participant

Other / not subdivided$285100.0%

% of EOY assets

0.050%

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

$35,912

$100,938-64.4%

$90,461-60.3%

$158,982-77.4%

Participation rate

75.0%

75.0%0pp

72.7%+2.3pp

82.0%-7.0pp

Annual return

15.76%

1727.20%-1711.4pp

1294.76%-1279.0pp

302.99%-287.2pp

Employer contribution / active EE

$2,941

$3,691-20.3%

$3,264-9.9%

$4,763-38.3%

Participant deferral / active EE

$10,219

$4,350+134.9%

$3,964+157.8%

$5,983+70.8%

Admin fee / account holder

$18

$6,510-99.7%

$5,617-99.7%

$11,252-99.8%

COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY FOUNDATION OF SOUTHEASTERN MASSACHUSETTS 401(K) 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