Retirement plan

THAMES VALLEY COUNCIL FOR COMMUNITY ACTION, INC. E

Name: THAMES VALLEY COUNCIL FOR COMM - THAMES VALLEY COUNCIL FOR COMMUNITY ACTION, INC. E (2016) Form 5500
Creator: THAMES VALLEY COUNCIL FOR COMM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THAMES VALLEY COUNCIL FOR COMMUNITY ACTION, INC. E, THAMES VALLEY COUNCIL FOR COMM

THAMES VALLEY COUNCIL FOR COMMEIN 06-0806128Plan #001PY 2016

ONE SYLVANDALE ROAD - JEWETT CITY, CT 06351860-889-1365

Other plans on this EIN

1 filing

#002Retirement-$7.4M assets

Prospect flagsLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$9.8M

+7.8% from 2015

Total participants

219

-18.0% from 2015

Average account balance

$53,260

+6.6% from 2015

Annual return

6.83%

+5.91 pp from 2015

Benchmarks

See 1,686 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,686 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.05M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

160

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$314

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
NFP RETIREMENT INC2+ years Filed as: NFP INSURANCE SERVICES INC Service code 53 · EIN 74-2470431	Insurance Commissions	$8,694
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$1,160

Plan features & details

Pension benefit codes2C2F2G2K3D2T

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.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1K

$6 / participant

Contract admin$1K100.0%

% of EOY assets

0.012%

all-in expense ratio

Categories reported

1 / 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: MAHONEY SABOL AND COMPANY
Auditor EIN: 061289571
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,260

$43,423+22.7%

$78,676-32.3%

$55,167-3.5%

Participation rate

81.1%

68.0%+13.1pp

73.6%+7.5pp

69.0%+12.1pp

Annual return

6.83%

11.53%-4.7pp

62.19%-55.4pp

169.23%-162.4pp

Employer contribution / active EE

$2,842

$1,997+42.3%

$2,850-0.3%

$1,963+44.8%

Participant deferral / active EE

$2,509-100.0%

$3,517-100.0%

$3,054-100.0%

Admin fee / account holder

$416-98.5%

$4,510-99.9%

$504-98.7%

Provider

Service type

Compensation

NFP RETIREMENT INC2+ years

Filed as: NFP INSURANCE SERVICES INC

Service code 53 · EIN 74-2470431

Insurance Commissions

$8,694

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$1,160

THAMES VALLEY COUNCIL FOR COMMUNITY ACTION, INC. E

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THAMES VALLEY COUNCIL FOR COMMUNITY ACTION, INC. E

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