Retirement plan

CIRCARE 401(K) PROFIT SHARING PLAN

Name: ONONDAGA CASE MANAGEMENT SERVICES, INC. DBA CIRCARE - CIRCARE 401(K) PROFIT SHARING PLAN (2020) 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 2020

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)

$2.7M

+23.3% from 2019

Total participants

119

+0.8% from 2019

Average account balance

$22,972

+22.3% from 2019

Annual return

17.82%

-1.80 pp from 2019

Benchmarks

See 1,687 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,687 peers

Snapshot2020

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, LLC3 years Service code 27 · EIN 26-3212262	Advisory (Plan)	$13,218
WITHUMSMITH+BROWN, PC3 years Filed as: DERMODY, BURKE & BROWN, CPAS, LLC Service code 15 · EIN 01-0723685	Recordkeeping	$10,669
UNITED INCOME1 year Service code 27 · EIN 81-2922803	Advisory (Plan)	$8,063

Plan features & details

Pension benefit codes2A2E2F2H2J3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

$32K

$318 / participant

Investment mgmt$21K66.3%
Other / not subdivided$11K33.7%

% of EOY assets

1.175%

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

$22,972

$66,124-65.3%

$90,461-74.6%

$73,497-68.7%

Participation rate

100.0%

69.7%+30.3pp

72.7%+27.3pp

70.7%+29.3pp

Annual return

17.82%

17.65%+0.2pp

1294.76%-1276.9pp

28.51%-10.7pp

Employer contribution / active EE

$1,552

$2,346-33.9%

$3,264-52.5%

$2,270-31.6%

Participant deferral / active EE

$967

$3,039-68.2%

$3,964-75.6%

$3,740-74.2%

Admin fee / account holder

$270

$396-31.9%

$5,617-95.2%

$513-47.4%

Provider

Service type

Compensation

HANSEN'S ADVISORY SERVICES, LLC3 years

Service code 27 · EIN 26-3212262

Advisory (Plan)

$13,218

WITHUMSMITH+BROWN, PC3 years

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

Service code 15 · EIN 01-0723685

Recordkeeping

$10,669

UNITED INCOME1 year

Service code 27 · EIN 81-2922803

Advisory (Plan)

$8,063

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