Retirement plan

EMPLOYEE BENEFIT PLAN OF SOUTH CENTRAL COMMUNITY ACTION PROGRAM, INC.

Name: SOUTH CENTRAL COMMUNITY ACTION PROGRAM, INC. - EMPLOYEE BENEFIT PLAN OF SOUTH CENTRAL COMMUNITY ACTION PROGRAM, INC. (2021) Form 5500
Creator: SOUTH CENTRAL COMMUNITY ACTION PROGRAM, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SOUTH CENTRAL COMMUNITY ACTION PROGRAM, INC., SOUTH CENTRAL COMMUNITY ACTION PROGRAM, INC.

SOUTH CENTRAL COMMUNITY ACTION PROGRAM, INC.EIN 23-2020123Plan #003PY 2021

153 N STRATTON ST - GETTYSBURG, PA 173251822717-334-7634sccap.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$1.2M

+54.7% from 2020

Total participants

106

+16.5% from 2020

Average account balance

$11,315

+32.2% from 2020

Annual return

30.42%

+24.63 pp from 2020

Benchmarks

See 18,809 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,809 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.22M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

112

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.

105.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$233K

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

+11.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$974

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 codes2F2G2T3D

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.
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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$6K

$74 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.555%

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

$11,315

$95,383-88.1%

$185,837-93.9%

$85,856-86.8%

Participation rate

96.6%

68.8%+27.8pp

81.7%+14.9pp

69.3%+27.3pp

Annual return

30.42%

23.59%+6.8pp

122.08%-91.7pp

318.58%-288.2pp

Employer contribution / active EE

$1,067

$3,313-67.8%

$5,168-79.3%

$2,565-58.4%

Participant deferral / active EE

$1,078

$3,423-68.5%

$5,568-80.6%

$3,952-72.7%

Admin fee / account holder

$63

$7,213-99.1%

$16,241-99.6%

$6,261-99.0%

EMPLOYEE BENEFIT PLAN OF SOUTH CENTRAL COMMUNITY ACTION PROGRAM, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SOUTH CENTRAL COMMUNITY ACTION PROGRAM, 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