Retirement plan

SPCC 401(K) RETIREMENT AND SAVINGS PLAN

Name: ROCHESTER SOCIETY FOR THE PREVENTION OF CRUELTY TO CHILDREN - SPCC 401(K) RETIREMENT AND SAVINGS PLAN (2023) Form 5500
Creator: ROCHESTER SOCIETY FOR THE PREVENTION OF CRUELTY TO CHILDREN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPCC 401(K) RETIREMENT AND SAVINGS PLAN, ROCHESTER SOCIETY FOR THE PREVENTION OF CRUELTY TO CHILDREN

ROCHESTER SOCIETY FOR THE PREVENTION OF CRUELTY TO CHILDRENEIN 16-0755822Plan #002PY 2023

148 SOUTH FITZHUGH STREET - ROCHESTER, NY 14608585-325-6101

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

+20.4% from 2022

Total participants

137

+17.1% from 2022

Average account balance

$24,896

+0.6% from 2022

Annual return

17.35%

+33.30 pp from 2022

Benchmarks

See 5,703 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,703 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.71M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

103

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.

105.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$308K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3300

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 codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$256K

$1867 / participant

Other / not subdivided$256K100.0%

% of EOY assets

10.589%

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

$24,896

$61,391-59.4%

$149,723-83.4%

$71,529-65.2%

Participation rate

70.8%

62.5%+8.3pp

78.8%-8.0pp

67.9%+2.9pp

Annual return

17.35%

35.88%-18.5pp

134.50%-117.2pp

28.97%-11.6pp

Employer contribution / active EE

$622

$2,384-73.9%

$4,821-87.1%

$2,590-76.0%

Participant deferral / active EE

$1,641

$2,921-43.8%

$5,682-71.1%

$4,291-61.8%

Admin fee / account holder

$2,636

$1,264+108.5%

$13,215-80.1%

$1,588+66.0%

SPCC 401(K) RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPCC 401(K) RETIREMENT AND SAVINGS 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