Retirement plan

CONNECTICUT COMMUNITY CARE, INC. 403(B) SAVINGS PLAN

Name: CONNECTICUT COMMUNITY CARE, INC. - CONNECTICUT COMMUNITY CARE, INC. 403(B) SAVINGS PLAN (2017) Form 5500
Creator: CONNECTICUT COMMUNITY CARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONNECTICUT COMMUNITY CARE, INC. 403(B) SAVINGS PLAN, CONNECTICUT COMMUNITY CARE, INC.

CONNECTICUT COMMUNITY CARE, INC.EIN 06-1024632Plan #002PY 2017

43 ENTERPRISE DRIVE - BRISTOL, CT 06010860-589-6226ctcommunitycare.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$17.9M

+11.8% from 2016

Total participants

348

+2.4% from 2016

Average account balance

$52,845

+5.2% from 2016

Annual return

15.18%

+16.25 pp from 2016

Benchmarks

See 3,813 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,813 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.24M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

371

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+11.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$233

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 3 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC1 year Service code 53 · EIN 74-2794194	Insurance Commissions	$20,683
NFP RETIREMENT INC2+ years Filed as: NFP INSURANCE SERVICES INC Service code 53 · EIN 74-2470431	Insurance Commissions	$6,265
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$5,460

Plan features & details

Pension benefit codes2M2L2F2G2S2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$5K

$18 / participant

Contract admin$5K100.0%

% of EOY assets

0.031%

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: COHNREZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,845

$46,173+14.5%

$170,435-69.0%

$69,631-24.1%

Participation rate

96.7%

63.9%+32.8pp

83.6%+13.1pp

70.7%+26.1pp

Annual return

15.18%

21.62%-6.4pp

205.94%-190.8pp

27571.02%-27555.8pp

Employer contribution / active EE

$846

$1,610-47.5%

$5,432-84.4%

$2,032-58.4%

Participant deferral / active EE

$2,623

$2,080+26.1%

$4,939-46.9%

$3,224-18.6%

Admin fee / account holder

$16

$116-86.1%

$13,881-99.9%

$110-85.4%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC1 year

Service code 53 · EIN 74-2794194

Insurance Commissions

$20,683

NFP RETIREMENT INC2+ years

Filed as: NFP INSURANCE SERVICES INC

Service code 53 · EIN 74-2470431

Insurance Commissions

$6,265

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$5,460

CONNECTICUT COMMUNITY CARE, INC. 403(B) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONNECTICUT COMMUNITY CARE, INC. 403(B) SAVINGS 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