Retirement plan

SPECIAL OLYMPICS CONNECTICUT, INC. DEFINED CONTRIBUTION RETIREMENT PLAN

Name: SPECIAL OLYMPICS CONNECTICUT, INC. - SPECIAL OLYMPICS CONNECTICUT, INC. DEFINED CONTRIBUTION RETIREMENT PLAN (2017) Form 5500
Creator: SPECIAL OLYMPICS CONNECTICUT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPECIAL OLYMPICS CONNECTICUT, INC. DEFINED CONTRIBUTION RETIREMENT PLAN, SPECIAL OLYMPICS CONNECTICUT, INC.

SPECIAL OLYMPICS CONNECTICUT, INC.EIN 23-7099756Plan #001PY 2017

2666 STATE ST STE 1 - HAMDEN, CT 065172232203-230-1201soct.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.2M

+15.1% from 2016

Total participants

-5.6% from 2016

Average account balance

$77,411

+11.1% from 2016

Annual return

15.46%

+9.62 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.59M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

87.5%

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

$7K

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

+18.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1384

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 codes2F2G2L2M2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$136K

$4379 / participant

Other / not subdivided$136K100.0%

% of EOY assets

6.046%

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

$77,411

$53,128+45.7%

$86,581-10.6%

$70,124+10.4%

Participation rate

83.9%

65.3%+18.6pp

73.5%+10.3pp

69.5%+14.3pp

Annual return

15.46%

27.66%-12.2pp

965.06%-949.6pp

73.14%-57.7pp

Employer contribution / active EE

$967

$2,068-53.2%

$2,840-66.0%

$2,342-58.7%

Participant deferral / active EE

$3,179

$2,695+17.9%

$3,609-11.9%

$3,332-4.6%

Admin fee / account holder

$4,681

$3,584+30.6%

$4,904-4.6%

$4,645+0.8%

SPECIAL OLYMPICS CONNECTICUT, INC. DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPECIAL OLYMPICS CONNECTICUT, INC. DEFINED CONTRIBUTION RETIREMENT 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