Retirement plan

403(B) THRIFT PLAN OF CHILD CARE COUNCIL OF SUFFOLK, INC.

Name: CHILD CARE COUNCIL OF SUFFOLK, INC. - 403(B) THRIFT PLAN OF CHILD CARE COUNCIL OF SUFFOLK, INC. (2019) Form 5500
Creator: CHILD CARE COUNCIL OF SUFFOLK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF CHILD CARE COUNCIL OF SUFFOLK, INC., CHILD CARE COUNCIL OF SUFFOLK, INC.

CHILD CARE COUNCIL OF SUFFOLK, INC.EIN 11-2696681Plan #002PY 2019

60 CALVERT AVE - COMMACK, NY 117253200631-462-0303childcaresuffolk.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+21.9% from 2018

Total participants

-1.8% from 2018

Average account balance

$34,465

+24.1% from 2018

Annual return

14.97%

+16.61 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.95M

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.

148.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$215K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3696

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 codes2F2G

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$46K

$1307 / participant

Other / not subdivided$46K100.0%

% of EOY assets

2.414%

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

$34,465

$85,171-59.5%

$172,753-80.0%

$72,976-52.8%

Participation rate

97.1%

70.1%+27.1pp

82.6%+14.5pp

69.5%+27.7pp

Annual return

14.97%

27.32%-12.4pp

803.00%-788.0pp

81.02%-66.0pp

Employer contribution / active EE

$1,463

$3,324-56.0%

$5,144-71.6%

$2,440-40.0%

Participant deferral / active EE

$2,916

$3,260-10.5%

$5,198-43.9%

$3,608-19.2%

Admin fee / account holder

$832

$5,880-85.9%

$13,956-94.0%

$5,124-83.8%

403(B) THRIFT PLAN OF CHILD CARE COUNCIL OF SUFFOLK, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF CHILD CARE COUNCIL OF SUFFOLK, INC.

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