Retirement plan

EMPLOYEE BENEFIT PLAN OF CENTER FOR DISABILITY RIGHTS, INC.

Name: CENTER FOR DISABILITY RIGHTS, INC. - EMPLOYEE BENEFIT PLAN OF CENTER FOR DISABILITY RIGHTS, INC. (2020) Form 5500
Creator: CENTER FOR DISABILITY RIGHTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF CENTER FOR DISABILITY RIGHTS, INC., CENTER FOR DISABILITY RIGHTS, INC.

CENTER FOR DISABILITY RIGHTS, INC.EIN 22-3141275Plan #001PY 2020

497 STATE ST - ROCHESTER, NY 146081642585-546-7510cdrnys.orgLinkedIn1001-5000 employeesnon-profit organization management

Prospect flagsLow assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.9M

+18.8% from 2019

Total participants

286

+10.4% from 2019

Average account balance

$14,839

+8.4% from 2019

Annual return

12.65%

-10.43 pp from 2019

Benchmarks

See 1,687 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,687 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.97M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

230

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.

80.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$347K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP2 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping and information managem...	$3,468

Plan features & details

Pension benefit codes2F2E2T3D2J3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$3K

$13 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.074%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HEVERON & COMPANY CPAS, PLLC
Auditor EIN: 271895149
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,839

$66,124-77.6%

$90,440-83.6%

$73,493-79.8%

Participation rate

89.0%

69.7%+19.3pp

72.7%+16.3pp

70.7%+18.3pp

Annual return

12.65%

17.65%-5.0pp

1294.38%-1281.7pp

28.51%-15.9pp

Employer contribution / active EE

$590

$2,346-74.9%

$3,263-81.9%

$2,270-74.0%

Participant deferral / active EE

$1,194

$3,039-60.7%

$3,964-69.9%

$3,740-68.1%

Admin fee / account holder

$11

$396-97.2%

$5,615-99.8%

$513-97.9%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping and information managem...

$3,468

EMPLOYEE BENEFIT PLAN OF CENTER FOR DISABILITY RIGHTS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF CENTER FOR DISABILITY RIGHTS, 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