Retirement plan

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

Name: CHILD CARE COUNCIL OF SUFFOLK, - 403(B) THRIFT PLAN FOR EMPLOYEES OF CHILD CARE COUNCIL OF SUFFOLK, INC. (2023) Form 5500
Creator: CHILD CARE COUNCIL OF SUFFOLK,
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF CHILD CARE COUNCIL OF SUFFOLK, INC., CHILD CARE COUNCIL OF SUFFOLK,

CHILD CARE COUNCIL OF SUFFOLK,EIN 11-2696681Plan #002PY 2023

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

-2.9% from 2021

Total participants

+1.8% from 2021

Average account balance

$47,188

-1.1% from 2021

Annual return

14.36%

+3.88 pp from 2021

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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 codes2G3D2J2E

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$222K

$5834 / participant

Other / not subdivided$222K100.0%

% of EOY assets

8.700%

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

$47,188

$77,908-39.4%

$149,696-68.5%

$75,173-37.2%

Participation rate

94.7%

65.6%+29.2pp

78.8%+16.0pp

67.2%+27.5pp

Annual return

14.36%

31.73%-17.4pp

134.46%-120.1pp

160.72%-146.4pp

Employer contribution / active EE

$1,681

$3,138-46.4%

$4,821-65.1%

$2,671-37.1%

Participant deferral / active EE

$3,104

$3,411-9.0%

$5,682-45.4%

$4,126-24.8%

Admin fee / account holder

$4,105

$5,950-31.0%

$13,212-68.9%

$5,651-27.3%

403(B) THRIFT PLAN FOR EMPLOYEES 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 FOR EMPLOYEES 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