Retirement plan

COMMUNITY CONNECTIONS FOR CHILDREN, INC. 401(K) PLAN

Name: COMMUNITY CONNECTIONS FOR CHILDREN, INC. - COMMUNITY CONNECTIONS FOR CHILDREN, INC. 401(K) PLAN (2023) Form 5500
Creator: COMMUNITY CONNECTIONS FOR CHILDREN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY CONNECTIONS FOR CHILDREN, INC. 401(K) PLAN, COMMUNITY CONNECTIONS FOR CHILDREN, INC.

COMMUNITY CONNECTIONS FOR CHILDREN, INC.EIN 22-2842846Plan #001PY 2023

29 N. DUKE STREET - YORK, PA 17401717-968-8405childcareconsultants.orgLinkedIn51-200 employeesconsumer services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.6M

+37.8% from 2022

Total participants

+11.1% from 2022

Average account balance

$31,809

+31.1% from 2022

Annual return

19.29%

+38.20 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.35M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$507K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+21.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1806

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 codes2E2F2J2T3D

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).
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

$31K

$368 / participant

Other / not subdivided$31K100.0%

% of EOY assets

1.157%

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

$31,809

$77,908-59.2%

$149,696-78.8%

$75,173-57.7%

Participation rate

91.6%

65.6%+26.0pp

78.8%+12.8pp

67.2%+24.4pp

Annual return

19.29%

31.73%-12.4pp

134.46%-115.2pp

160.72%-141.4pp

Employer contribution / active EE

$1,927

$3,138-38.6%

$4,821-60.0%

$2,671-27.9%

Participant deferral / active EE

$2,710

$3,411-20.5%

$5,682-52.3%

$4,126-34.3%

Admin fee / account holder

$368

$5,950-93.8%

$13,212-97.2%

$5,651-93.5%

COMMUNITY CONNECTIONS FOR CHILDREN, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY CONNECTIONS FOR CHILDREN, INC. 401(K) 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