Retirement plan

EMPLOYEE BENEFIT PLAN OF PENNSYLVANIA INTERFAITH COMMUNITY PROGRAMS INCORPORATED

Name: PENNSYLVANIA INTERFAITH COMMUNITY PROGRAMS INCORPORATED - EMPLOYEE BENEFIT PLAN OF PENNSYLVANIA INTERFAITH COMMUNITY PROGRAMS INCORPORATED (2020) Form 5500
Creator: PENNSYLVANIA INTERFAITH COMMUNITY PROGRAMS INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF PENNSYLVANIA INTERFAITH COMMUNITY PROGRAMS INCORPORATED, PENNSYLVANIA INTERFAITH COMMUNITY PROGRAMS INCORPORATED

PENNSYLVANIA INTERFAITH COMMUNITY PROGRAMS INCORPORATEDEIN 23-2015671Plan #002PY 2020

40 E HIGH ST - GETTYSBURG, PA 173252319717-334-2911

Prospect flagsLow returnsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$527K

+21.7% from 2019

Total participants

+8.0% from 2019

Average account balance

$19,519

+12.7% from 2019

Annual return

6.32%

-5.32 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

$810K

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

121.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$126K

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

+23.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1911

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 codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$39K

$1559 / participant

Other / not subdivided$39K100.0%

% of EOY assets

7.398%

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

$19,519

$91,198-78.6%

$178,503-89.1%

$79,856-75.6%

Participation rate

100.0%

69.2%+30.8pp

81.9%+18.1pp

69.6%+30.4pp

Annual return

6.32%

24.20%-17.9pp

151.12%-144.8pp

31.71%-25.4pp

Employer contribution / active EE

$2,959

$3,257-9.1%

$5,011-41.0%

$2,471+19.7%

Participant deferral / active EE

$1,266

$3,237-60.9%

$5,202-75.7%

$3,741-66.2%

Admin fee / account holder

$1,444

$6,748-78.6%

$13,987-89.7%

$5,306-72.8%

EMPLOYEE BENEFIT PLAN OF PENNSYLVANIA INTERFAITH COMMUNITY PROGRAMS INCORPORATED

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF PENNSYLVANIA INTERFAITH COMMUNITY PROGRAMS INCORPORATED

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