Retirement plan

CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER, INC. 403(B) THRIFT PLAN

Name: CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER - CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER, INC. 403(B) THRIFT PLAN (2017) Form 5500
Creator: CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER, INC. 403(B) THRIFT PLAN, CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER

CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTEREIN 16-0972260Plan #001PY 2017

1000 UNIVERSITY AVENUE, SUITE 900 - ROCHESTER, NY 14607585-546-3440cccsofrochester.orgLinkedIn11-50 employeesfinancial services

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$582K

+1.9% from 2016

Total participants

+12.8% from 2016

Average account balance

$16,171

-9.4% from 2016

Annual return

12.13%

+8.51 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.80M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

136.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$199K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2467

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 codes2F2G2L2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$138K

$4461 / participant

Other / not subdivided$138K100.0%

% of EOY assets

23.758%

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

$16,171

$84,236-80.8%

$170,435-90.5%

$70,126-76.9%

Participation rate

74.2%

70.8%+3.4pp

83.6%-9.4pp

69.5%+4.7pp

Annual return

12.13%

23.06%-10.9pp

205.94%-193.8pp

73.15%-61.0pp

Employer contribution / active EE

$1,036

$3,387-69.4%

$5,432-80.9%

$2,343-55.8%

Participant deferral / active EE

$1,520

$3,086-50.7%

$4,939-69.2%

$3,332-54.4%

Admin fee / account holder

$3,842

$5,698-32.6%

$13,881-72.3%

$4,645-17.3%

CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER, INC. 403(B) THRIFT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER, INC. 403(B) THRIFT 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