Retirement plan

403(B) THRIFT PLAN OF THE HANDICAPPED CHILDREN S ASSOCIATION OF SOUTHERN NEW YORK, INC.

Name: THE HANDICAPPED CHILDREN S ASSOCIATION OF SOUTHERN NEW YORK, INC. - 403(B) THRIFT PLAN OF THE HANDICAPPED CHILDREN S ASSOCIATION OF SOUTHERN NEW YORK, INC. (2020) Form 5500
Creator: THE HANDICAPPED CHILDREN S ASSOCIATION OF SOUTHERN NEW YORK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF THE HANDICAPPED CHILDREN S ASSOCIATION OF SOUTHERN NEW YORK, INC., THE HANDICAPPED CHILDREN S ASSOCIATION OF SOUTHERN NEW YORK, INC.

THE HANDICAPPED CHILDREN S ASSOCIATION OF SOUTHERN NEW YORK, INC.EIN 15-0516395Plan #002PY 2020

840 UPPER FRONT ST - BINGHAMTON, NY 139051566607-217-0066

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.5M

+28.3% from 2019

Total participants

418

+3.5% from 2019

Average account balance

$18,384

+22.3% from 2019

Annual return

13.16%

-3.90 pp from 2019

Benchmarks

See 874 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort874 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.15M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

492

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.

74.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.57M

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

+11.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18

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 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP2 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping and information managem...	$5,613

Plan features & details

Pension benefit codes2F2G2S2T

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.
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

$8K

$26 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.104%

all-in expense ratio

Categories reported

0 / 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: BONADIO & CO., LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,384

$52,722-65.1%

$90,461-79.7%

$73,412-75.0%

Participation rate

97.0%

67.7%+29.3pp

72.7%+24.3pp

72.2%+24.9pp

Annual return

13.16%

20.70%-7.5pp

1294.76%-1281.6pp

59.30%-46.1pp

Employer contribution / active EE

$1,909

$1,872+2.0%

$3,264-41.5%

$2,234-14.5%

Participant deferral / active EE

$1,647

$2,810-41.4%

$3,964-58.5%

$3,806-56.7%

Admin fee / account holder

$19

$117-83.6%

$5,617-99.7%

$158-87.9%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping and information managem...

$5,613

403(B) THRIFT PLAN OF THE HANDICAPPED CHILDREN S ASSOCIATION OF SOUTHERN NEW YORK, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF THE HANDICAPPED CHILDREN S ASSOCIATION OF SOUTHERN NEW YORK, 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