Retirement plan

CIRCARE 401(K) PROFIT SHARING PLAN

Name: ONONDAGA CASE MANAGEMENT SERVICES, INC. DBA CIRCARE - CIRCARE 401(K) PROFIT SHARING PLAN (2019) 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 2019

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.2M

+14.0% from 2018

Total participants

118

+4.4% from 2018

Average account balance

$18,785

+9.2% from 2018

Annual return

19.62%

+26.07 pp from 2018

Benchmarks

See 8,598 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,598 peers

Snapshot2019

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, LLC2 years Service code 27 · EIN 26-3212262	Advisory (Plan)	$13,281
BLUE OCEAN STRATEGIC CAPITAL, LLC2 years Service code 27 · EIN 16-1544070	Advisory (Plan)	$8,178
WITHUMSMITH+BROWN, PC2 years Filed as: DERMODY, BURKE & BROWN, CPAS, LLC Service code 15 · EIN 01-0723685	Recordkeeping	$6,516

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$28K

$288 / participant

Investment mgmt$21K76.1%
Other / not subdivided$7K23.9%

% of EOY assets

1.272%

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

$18,785

$54,763-65.7%

$90,324-79.2%

$72,976-74.3%

Participation rate

100.0%

65.2%+34.8pp

73.3%+26.7pp

69.5%+30.5pp

Annual return

19.62%

30.63%-11.0pp

78.15%-58.5pp

81.02%-61.4pp

Employer contribution / active EE

$1,249

$2,093-40.3%

$2,856-56.3%

$2,440-48.8%

Participant deferral / active EE

$1,074

$2,887-62.8%

$3,885-72.4%

$3,608-70.2%

Admin fee / account holder

$239

$3,973-94.0%

$5,356-95.5%

$5,124-95.3%

Provider

Service type

Compensation

HANSEN'S ADVISORY SERVICES, LLC2 years

Service code 27 · EIN 26-3212262

Advisory (Plan)

$13,281

BLUE OCEAN STRATEGIC CAPITAL, LLC2 years

Service code 27 · EIN 16-1544070

Advisory (Plan)

$8,178

WITHUMSMITH+BROWN, PC2 years

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

Service code 15 · EIN 01-0723685

Recordkeeping

$6,516

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