Retirement plan

ROCA 403(B) PLAN

Name: ROCA, INC. - ROCA 403(B) PLAN (2020) Form 5500
Creator: ROCA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROCA 403(B) PLAN, ROCA, INC.

ROCA, INC.EIN 22-3223641Plan #002PY 2020

101 PARK STREET - CHELSEA, MA 02150617-889-5210rocainc.orgLinkedIn51-200 employeesindividual & family services

Prospect flagsLow returnsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$894K

+7.4% from 2019

Total participants

-26.0% from 2019

Average account balance

$19,863

+28.9% from 2019

Annual return

4.80%

-0.01 pp from 2019

Benchmarks

See 18,628 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,628 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.82M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

103

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.

41.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$930K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3647

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

Top 1 by compensation

Provider	Service type	Compensation
ASCENSUS LLC2 years Filed as: ASCENSUS TRUST COMPANY Service code 15 · EIN 11-3665754 1655 43RD STREET SOUTH · FARGO, ND 58103	Recordkeeping	$0

Plan features & details

Pension benefit codes2L2K2G2T3D

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$5K

$56 / participant

Contract admin$5K100.0%

% of EOY assets

0.556%

all-in expense ratio

Categories reported

1 / 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: AAFCPAS, INC.
Auditor EIN: 042571780
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,863

$91,198-78.2%

$178,503-88.9%

$79,856-75.1%

Participation rate

44.3%

69.2%-24.9pp

81.9%-37.6pp

69.6%-25.3pp

Annual return

4.80%

24.20%-19.4pp

151.12%-146.3pp

31.71%-26.9pp

Employer contribution / active EE

$3,257-100.0%

$5,011-100.0%

$2,471-100.0%

Participant deferral / active EE

$2,138

$3,237-33.9%

$5,202-58.9%

$3,741-42.8%

Admin fee / account holder

$110

$6,748-98.4%

$13,987-99.2%

$5,306-97.9%

Provider

Service type

Compensation

ASCENSUS LLC2 years

Filed as: ASCENSUS TRUST COMPANY

Service code 15 · EIN 11-3665754

1655 43RD STREET SOUTH · FARGO, ND 58103

Recordkeeping

ROCA 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROCA 403(B) 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