Retirement plan

ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION RETIREMENT PLAN

Name: ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION - ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION RETIREMENT PLAN (2024) Form 5500
Creator: ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION RETIREMENT PLAN, ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION

ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATIONEIN 23-7168031Plan #001PY 2024

70 LYMAN ST - HOLYOKE, MA 010406206413-533-7101oneholyoke.orgLinkedIn11-50 employeesreal estate

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$435K

+20.6% from 2023

Total participants

0.0% from 2023

Average account balance

$21,747

+20.6% from 2023

Annual return

11.45%

+4.92 pp from 2023

Benchmarks

See 109,389 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,389 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$521K

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

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

+9.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$293

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 codes2E2F2H2J3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

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

$21,747

$183,592-88.2%

$155,574-86.0%

$145,877-85.1%

Participation rate

100.0%

82.7%+17.3pp

78.2%+21.8pp

80.3%+19.7pp

Annual return

11.45%

61.37%-49.9pp

64.87%-53.4pp

551.28%-539.8pp

Employer contribution / active EE

$1,561

$5,317-70.6%

$4,676-66.6%

$4,663-66.5%

Participant deferral / active EE

$89

$6,466-98.6%

$5,629-98.4%

$6,691-98.7%

Admin fee / account holder

$19,316-100.0%

$15,914-100.0%

$13,402-100.0%

ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ONEHOLYOKE COMMUNITY DEVELOPMENT CORPORATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion