Retirement plan

ADIRONDACK REGIONAL CHAMBER OF COMMERCE PROFIT SHARING PLAN

Name: ADIRONDACK REGIONAL CHAMBER OF COMMERCE - ADIRONDACK REGIONAL CHAMBER OF COMMERCE PROFIT SHARING PLAN (2018) Form 5500
Creator: ADIRONDACK REGIONAL CHAMBER OF COMMERCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADIRONDACK REGIONAL CHAMBER OF COMMERCE PROFIT SHARING PLAN, ADIRONDACK REGIONAL CHAMBER OF COMMERCE

ADIRONDACK REGIONAL CHAMBER OF COMMERCEEIN 14-0696450Plan #002PY 2018

136 GLEN ST STE 3 - GLENS FALLS, NY 12801518-798-1761adirondackchamber.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$128K

-1.1% from 2017

Total participants

+57.1% from 2017

Average account balance

$15,984

-13.5% from 2017

Annual return

-6.50%

-19.16 pp from 2017

Benchmarks

See 33,726 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,726 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$302K

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$38K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$272

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$314 / participant

Other / not subdivided$2K100.0%

% of EOY assets

1.226%

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

$15,984

$90,607-82.4%

$79,467-79.9%

$135,380-88.2%

Participation rate

40.0%

76.0%-36.0pp

73.3%-33.3pp

82.6%-42.6pp

Annual return

-6.50%

977.74%-984.2pp

718.30%-724.8pp

519.81%-526.3pp

Employer contribution / active EE

$652

$3,068-78.8%

$2,800-76.7%

$4,779-86.4%

Participant deferral / active EE

$744

$4,050-81.6%

$3,704-79.9%

$5,609-86.7%

Admin fee / account holder

$196

$5,895-96.7%

$5,104-96.2%

$10,828-98.2%

ADIRONDACK REGIONAL CHAMBER OF COMMERCE PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ADIRONDACK REGIONAL CHAMBER OF COMMERCE PROFIT SHARING 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