Retirement plan

403B THRIFT PLAN OF THE ARC OF ATLANTIC COUNTY, INC.

Name: THE ARC OF ATLANTIC COUNTY, INC. - 403B THRIFT PLAN OF THE ARC OF ATLANTIC COUNTY, INC. (2017) Form 5500
Creator: THE ARC OF ATLANTIC COUNTY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403B THRIFT PLAN OF THE ARC OF ATLANTIC COUNTY, INC., THE ARC OF ATLANTIC COUNTY, INC.

THE ARC OF ATLANTIC COUNTY, INC.EIN 22-1779284Plan #002PY 2017

6550 DELILAH ROAD SUITE 100 - EGG HARBOR TWP, NJ 082345142609-485-0800thearcatlantic.orgLinkedIn201-500 employeesindividual & family services

Other plans on this EIN

1 filing

#003Retirement-$2.5M assets

Prospect flagsLow returnsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$129K

+10.5% from 2016

Total participants

+3.8% from 2016

Average account balance

$5,605

+24.9% from 2016

Annual return

4.32%

-98.00 pp from 2016

Benchmarks

See 32,061 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,061 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$308K

Not enough data

1 years with asset history on file

Average account balance

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

$10K

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.

69.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$37K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$870

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

+8.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$958

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 codes2F2G2L2T

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$8K

$334 / participant

Other / not subdivided$8K100.0%

% of EOY assets

5.952%

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

$5,605

$99,031-94.3%

$86,597-93.5%

$147,585-96.2%

Participation rate

82.6%

76.3%+6.3pp

73.5%+9.1pp

82.8%-0.2pp

Annual return

4.32%

1312.56%-1308.2pp

964.96%-960.6pp

578.57%-574.3pp

Employer contribution / active EE

$73

$3,132-97.7%

$2,840-97.4%

$4,876-98.5%

Participant deferral / active EE

$563

$3,972-85.8%

$3,609-84.4%

$5,439-89.6%

Admin fee / account holder

$334

$5,711-94.2%

$4,906-93.2%

$10,885-96.9%

403B THRIFT PLAN OF THE ARC OF ATLANTIC COUNTY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403B THRIFT PLAN OF THE ARC OF ATLANTIC COUNTY, INC.

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