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. (2018) 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 2018

6550 DELILAH ROAD SUITE 101 - EGG HARBOR TWP, NJ 082345142609-485-0800thearcatlantic.orgLinkedIn201-500 employeesindividual & family services

Other plans on this EIN

1 filing

#003Retirement-$2.6M assets

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$139K

+8.0% from 2017

Total participants

-7.4% from 2017

Average account balance

$6,628

+18.3% from 2017

Annual return

3.59%

-0.73 pp from 2017

Benchmarks

See 33,726 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,726 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$277K

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$42K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+14.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1109

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$11K

$483 / participant

Other / not subdivided$11K100.0%

% of EOY assets

7.987%

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

$6,628

$90,607-92.7%

$79,467-91.7%

$135,380-95.1%

Participation rate

82.6%

76.0%+6.6pp

73.3%+9.3pp

82.6%0pp

Annual return

3.59%

977.74%-974.1pp

718.30%-714.7pp

519.81%-516.2pp

Employer contribution / active EE

$103

$3,068-96.7%

$2,800-96.3%

$4,779-97.9%

Participant deferral / active EE

$620

$4,050-84.7%

$3,704-83.3%

$5,609-88.9%

Admin fee / account holder

$529

$5,895-91.0%

$5,104-89.6%

$10,828-95.1%

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