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. (2021) 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 2021

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.2M

+22.3% from 2020

Total participants

437

+4.5% from 2020

Average account balance

$21,493

+16.9% from 2020

Annual return

14.29%

+1.13 pp from 2020

Benchmarks

See 866 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort866 peers

Snapshot2021

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP3 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Participant loan processing; Claims p...	$6,278

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

$29 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.092%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BONADIO & CO., LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,493

$58,344-63.2%

$98,483-78.2%

$86,821-75.2%

Participation rate

96.9%

68.4%+28.5pp

73.3%+23.6pp

72.3%+24.6pp

Annual return

14.29%

43.47%-29.2pp

1494.38%-1480.1pp

97.94%-83.6pp

Employer contribution / active EE

$1,531

$2,008-23.7%

$2,961-48.3%

$2,406-36.4%

Participant deferral / active EE

$1,942

$3,156-38.5%

$4,276-54.6%

$4,132-53.0%

Admin fee / account holder

$20

$138-85.7%

$5,953-99.7%

$170-88.4%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP3 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Participant loan processing; Claims p...

$6,278

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