Retirement plan

401(K) PROFIT SHARING PLAN OF COMMUNITY ACTION COMMITTEE OF THE LEHIGH VALLEY, INC.

Name: COMMUNITY ACTION COMMITTEE OF THE LEHIGH VALLEY, INC. - 401(K) PROFIT SHARING PLAN OF COMMUNITY ACTION COMMITTEE OF THE LEHIGH VALLEY, INC. (2020) Form 5500
Creator: COMMUNITY ACTION COMMITTEE OF THE LEHIGH VALLEY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN OF COMMUNITY ACTION COMMITTEE OF THE LEHIGH VALLEY, INC., COMMUNITY ACTION COMMITTEE OF THE LEHIGH VALLEY, INC.

COMMUNITY ACTION COMMITTEE OF THE LEHIGH VALLEY, INC.EIN 23-1669589Plan #001PY 2020

1337 E 5TH ST - BETHLEHEM, PA 18015610-691-5620LinkedIn1-10 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.6M

+16.4% from 2019

Total participants

143

-4.7% from 2019

Average account balance

$47,501

+30.3% from 2019

Annual return

14.02%

-2.84 pp from 2019

Benchmarks

See 18,636 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,636 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.41M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

134

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.

85.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$484K

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

+11.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$206

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.2 years Filed as: THE VANGUARD GROUP Service code 15 · EIN 23-1945930	Recordkeeping	$12,805
LPL FINANCIAL1 year Service code 27 · EIN 04-3046611	Advisory (Plan)	$10,000
MID-ATLANTIC PENSION SPECIALISTS1 year Filed as: MID-ATLANTIC PENSION SPECIALISTS IN Service code 13 · EIN 23-2776666 2851 SOUTH PIKE AVE · ALLENTOWN, PA 18103	Contract Administrator	$5,570
MUTUAL OF AMERICA INVESTMENT CORP6+ years Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 320 PARK AVE · NEW YORK, NY 10022	Participant loan processing; Account ...	$1

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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).
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$26K

$269 / participant

Contract admin$26K100.0%

% of EOY assets

0.459%

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: BUCKNO LISICKY & COMPANY
Auditor EIN: 232426656
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,501

$91,167-47.9%

$178,498-73.4%

$79,858-40.5%

Participation rate

72.6%

69.2%+3.4pp

81.9%-9.3pp

69.6%+3.0pp

Annual return

14.02%

24.19%-10.2pp

151.09%-137.1pp

31.72%-17.7pp

Employer contribution / active EE

$2,194

$3,255-32.6%

$5,011-56.2%

$2,471-11.2%

Participant deferral / active EE

$1,962

$3,236-39.4%

$5,202-62.3%

$3,740-47.6%

Admin fee / account holder

$218

$6,747-96.8%

$13,985-98.4%

$5,306-95.9%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.2 years

Filed as: THE VANGUARD GROUP

Service code 15 · EIN 23-1945930

Recordkeeping

$12,805

LPL FINANCIAL1 year

Service code 27 · EIN 04-3046611

Advisory (Plan)

$10,000

MID-ATLANTIC PENSION SPECIALISTS1 year

Filed as: MID-ATLANTIC PENSION SPECIALISTS IN

Service code 13 · EIN 23-2776666

2851 SOUTH PIKE AVE · ALLENTOWN, PA 18103

Contract Administrator

$5,570

MUTUAL OF AMERICA INVESTMENT CORP6+ years

Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO

Service code 12

320 PARK AVE · NEW YORK, NY 10022

Participant loan processing; Account ...

401(K) PROFIT SHARING PLAN OF COMMUNITY ACTION COMMITTEE OF THE LEHIGH VALLEY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN OF COMMUNITY ACTION COMMITTEE OF THE LEHIGH VALLEY, 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