Retirement plan

CIRCARE 401(K) PROFIT SHARING PLAN

Name: ONONDAGA CASE MANAGEMENT SERVICES, INC. DBA CIRCARE - CIRCARE 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: ONONDAGA CASE MANAGEMENT SERVICES, INC. DBA CIRCARE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CIRCARE 401(K) PROFIT SHARING PLAN, ONONDAGA CASE MANAGEMENT SERVICES, INC. DBA CIRCARE

ONONDAGA CASE MANAGEMENT SERVICES, INC. DBA CIRCAREEIN 16-1363413Plan #001PY 2018

620 ERIE BOULEVARD W., SUITE 302 - SYRACUSE, NY 13204315-472-7363LinkedIn1-10 employeescivic & social organization

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$1.9M

-0.2% from 2017

Total participants

113

-0.9% from 2017

Average account balance

$17,206

+0.7% from 2017

Annual return

-6.45%

-17.88 pp from 2017

Benchmarks

See 8,161 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,161 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.60M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

160

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$225K

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

+11.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104

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 3 by compensation

Provider	Service type	Compensation
HANSEN'S ADVISORY SERVICES, LLC1 year Service code 27 · EIN 26-3212262	Advisory (Plan)	$12,269
WITHUMSMITH+BROWN, PC1 year Filed as: DERMODY, BURKE & BROWN, CPAS, LLC Service code 15 · EIN 01-0723685	Recordkeeping	$7,741
BLUE OCEAN STRATEGIC CAPITAL, LLC1 year Service code 27 · EIN 16-1544070	Advisory (Plan)	$7,434

Plan features & details

Pension benefit codes2E2F2H2J3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$27K

$286 / participant

Investment mgmt$20K71.8%
Other / not subdivided$8K28.2%

% of EOY assets

1.411%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CUOMO, WINTERS & SCHMIDT, CPAS PLLC
Auditor EIN: 473999292
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,206

$49,177-65.0%

$79,467-78.3%

$64,173-73.2%

Participation rate

100.0%

65.0%+35.0pp

73.3%+26.7pp

69.6%+30.4pp

Annual return

-6.45%

-1.16%-5.3pp

718.30%-724.8pp

7.63%-14.1pp

Employer contribution / active EE

$1,199

$2,076-42.3%

$2,800-57.2%

$2,381-49.6%

Participant deferral / active EE

$761

$2,821-73.0%

$3,704-79.4%

$3,470-78.1%

Admin fee / account holder

$243

$3,839-93.7%

$5,104-95.2%

$4,887-95.0%

Provider

Service type

Compensation

HANSEN'S ADVISORY SERVICES, LLC1 year

Service code 27 · EIN 26-3212262

Advisory (Plan)

$12,269

WITHUMSMITH+BROWN, PC1 year

Filed as: DERMODY, BURKE & BROWN, CPAS, LLC

Service code 15 · EIN 01-0723685

Recordkeeping

$7,741

BLUE OCEAN STRATEGIC CAPITAL, LLC1 year

Service code 27 · EIN 16-1544070

Advisory (Plan)

$7,434

CIRCARE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CIRCARE 401(K) PROFIT SHARING 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