Retirement plan

CONNECTICUT RIVER AREA HEALTH DISTRICT RETIREMENT SAVINGS PLAN

Name: CONNECTICUT RIVER AREA HEALTH DISTRICT - CONNECTICUT RIVER AREA HEALTH DISTRICT RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: CONNECTICUT RIVER AREA HEALTH DISTRICT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONNECTICUT RIVER AREA HEALTH DISTRICT RETIREMENT SAVINGS PLAN, CONNECTICUT RIVER AREA HEALTH DISTRICT

CONNECTICUT RIVER AREA HEALTH DISTRICTEIN 16-1764306Plan #001PY 2020

455 BOSTON POST RD SUITE 7 - OLD SAYBROOK, CT 064751554860-661-3300LinkedIn1-10 employeesgovernment administration

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$969K

+8.1% from 2019

Total participants

+14.3% from 2019

Average account balance

$121,132

-5.4% from 2019

Annual return

11.00%

-61.31 pp from 2019

Benchmarks

See 347 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort347 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.32M

Not enough data

1 years with asset history on file

Average account balance

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

$147K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$88K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1973

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 codes2E2F2G2J2T3D

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).
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.
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.
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.
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

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

$105K

$17562 / participant

Other / not subdivided$105K100.0%

% of EOY assets

10.874%

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

$121,132

$76,312+58.7%

$67,221+80.2%

$158,966-23.8%

Participation rate

100.0%

84.3%+15.7pp

79.4%+20.6pp

82.0%+18.0pp

Annual return

11.00%

22.77%-11.8pp

20.72%-9.7pp

302.95%-291.9pp

Employer contribution / active EE

$3,913

$4,476-12.6%

$3,723+5.1%

$4,762-17.8%

Participant deferral / active EE

$9,275

$5,264+76.2%

$4,384+111.6%

$5,983+55.0%

Admin fee / account holder

$13,172

$8,005+64.5%

$5,844+125.4%

$11,250+17.1%

CONNECTICUT RIVER AREA HEALTH DISTRICT RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONNECTICUT RIVER AREA HEALTH DISTRICT RETIREMENT SAVINGS 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