Retirement plan

COLLEGE ASSOCIATION AT DELHI, INC. RETIREMENT PLAN

Name: COLLEGE ASSOCIATION AT DELHI, INC. - COLLEGE ASSOCIATION AT DELHI, INC. RETIREMENT PLAN (2017) Form 5500
Creator: COLLEGE ASSOCIATION AT DELHI, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLLEGE ASSOCIATION AT DELHI, INC. RETIREMENT PLAN, COLLEGE ASSOCIATION AT DELHI, INC.

COLLEGE ASSOCIATION AT DELHI, INC.EIN 15-0591271Plan #001PY 2017

454 DELHI DRIVE - DELHI, NY 13753607-746-4753LinkedIn201-500 employeesfood & beverages

Prospect flagsLow participationRecently reached 100 employees

How to read this page

Total assets (EOY)

$5.3M

+13.8% from 2016

Total participants

138

+19.0% from 2016

Average account balance

$52,100

+11.6% from 2016

Annual return

14.54%

+8.48 pp from 2016

Benchmarks

See 1,431 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.22M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

110

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.

50.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$426K

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

+10.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 3 by compensation

Provider	Service type	Compensation
INVEST FINANCIAL CORPORATION1 year Filed as: INVEST FINANCIAL Service code 28 · EIN 59-2195688 12750 CITRUS PARK LANE, SUITE 300 · TAMPA, FL 336253784	Investment Management	$6,805
ONEIDA SAVINGS BANK1 year Filed as: ONEIDA WEALTH MANAGEMENT, INC. Service code 17 · EIN 22-2361254 110 W. FAYETTE ST., #5 · SYRACUSE, NY 132021324	Pension Consulting	$5,939
TEACHERS INSURANCE & ANNUITY ASSOC1 year Service code 13 · EIN 13-1624203 730 THIRD AVE. · NEW YORK, NY 100173206	Contract Administrator	$5,866

Plan features & details

Pension benefit codes2L2K2F2G

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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

$52,100

$57,976-10.1%

$63,018-17.3%

$62,293-16.4%

Participation rate

63.0%

75.9%-12.9pp

74.8%-11.8pp

69.5%-6.5pp

Annual return

14.54%

17.54%-3.0pp

87.62%-73.1pp

28.90%-14.4pp

Employer contribution / active EE

$1,958

$2,415-18.9%

$2,761-29.1%

$2,042-4.1%

Participant deferral / active EE

$1,235

$2,956-58.2%

$3,330-62.9%

$3,169-61.0%

Admin fee / account holder

$276-100.0%

$3,601-100.0%

$479-100.0%

Provider

Service type

Compensation

INVEST FINANCIAL CORPORATION1 year

Filed as: INVEST FINANCIAL

Service code 28 · EIN 59-2195688

12750 CITRUS PARK LANE, SUITE 300 · TAMPA, FL 336253784

Investment Management

$6,805

ONEIDA SAVINGS BANK1 year

Filed as: ONEIDA WEALTH MANAGEMENT, INC.

Service code 17 · EIN 22-2361254

110 W. FAYETTE ST., #5 · SYRACUSE, NY 132021324

Pension Consulting

$5,939

TEACHERS INSURANCE & ANNUITY ASSOC1 year

Service code 13 · EIN 13-1624203

730 THIRD AVE. · NEW YORK, NY 100173206

Contract Administrator

$5,866

COLLEGE ASSOCIATION AT DELHI, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLLEGE ASSOCIATION AT DELHI, INC. RETIREMENT 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