Retirement plan

COLONIAL MEMORIAL CHAPEL, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: COLONIAL MEMORIAL CHAPEL INC. - COLONIAL MEMORIAL CHAPEL, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2022) Form 5500
Creator: COLONIAL MEMORIAL CHAPEL INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLONIAL MEMORIAL CHAPEL, INC. 401(K) PROFIT SHARING PLAN AND TRUST, COLONIAL MEMORIAL CHAPEL INC.

COLONIAL MEMORIAL CHAPEL INC.EIN 16-1528274Plan #001PY 2022

396 STATE ROUTE 52, PO BOX 520 - WOODBOURNE, NY 12788845-434-7363LinkedIn1-10 employeesindividual & family services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$574K

-12.4% from 2021

Total participants

-44.4% from 2021

Average account balance

$114,750

+22.6% from 2021

Annual return

-10.66%

-20.83 pp from 2021

Benchmarks

See 39,322 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,322 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$818K

Not enough data

1 years with asset history on file

Average account balance

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

$136K

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1595

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 codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$61K

$12203 / participant

Other / not subdivided$61K100.0%

% of EOY assets

10.634%

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

$114,750

$92,684+23.8%

$82,706+38.7%

$134,509-14.7%

Participation rate

100.0%

75.2%+24.8pp

72.6%+27.4pp

81.2%+18.8pp

Annual return

-10.66%

945.84%-956.5pp

701.76%-712.4pp

418.13%-428.8pp

Employer contribution / active EE

$2,624

$3,272-19.8%

$3,007-12.8%

$4,741-44.7%

Participant deferral / active EE

$7,200

$4,800+50.0%

$4,394+63.9%

$6,400+12.5%

Admin fee / account holder

$12,203

$5,982+104.0%

$5,329+129.0%

$11,427+6.8%

COLONIAL MEMORIAL CHAPEL, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLONIAL MEMORIAL CHAPEL, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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