Retirement plan

403(B) THRIFT PLAN OF DAKOTA PRAIRIE COMMUNITY ACTION AGENCY, INC.

Name: DAKOTA PRAIRIE COMMUNITY ACTION AGENCY, INC. - 403(B) THRIFT PLAN OF DAKOTA PRAIRIE COMMUNITY ACTION AGENCY, INC. (2020) Form 5500
Creator: DAKOTA PRAIRIE COMMUNITY ACTION AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF DAKOTA PRAIRIE COMMUNITY ACTION AGENCY, INC., DAKOTA PRAIRIE COMMUNITY ACTION AGENCY, INC.

DAKOTA PRAIRIE COMMUNITY ACTION AGENCY, INC.EIN 23-7231256Plan #001PY 2020

223 4TH ST NE - DEVILS LAKE, ND 583012409701-662-6500dpcaa.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

+21.2% from 2019

Total participants

0.0% from 2019

Average account balance

$82,846

+21.2% from 2019

Annual return

15.70%

-4.69 pp from 2019

Benchmarks

See 102,091 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,091 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.18M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

200.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108K

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

+10.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3920

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 codes2F2G2T

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.

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

$24K

$1212 / participant

Other / not subdivided$24K100.0%

% of EOY assets

1.330%

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

$82,846

$209,422-60.4%

$178,503-53.6%

$158,982-47.9%

Participation rate

95.0%

86.4%+8.6pp

81.9%+13.1pp

82.0%+13.0pp

Annual return

15.70%

188.81%-173.1pp

151.12%-135.4pp

302.99%-287.3pp

Employer contribution / active EE

$1,738

$5,707-69.5%

$5,011-65.3%

$4,763-63.5%

Participant deferral / active EE

$3,568

$5,955-40.1%

$5,202-31.4%

$5,983-40.4%

Admin fee / account holder

$1,102

$17,079-93.5%

$13,987-92.1%

$11,252-90.2%

403(B) THRIFT PLAN OF DAKOTA PRAIRIE COMMUNITY ACTION AGENCY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF DAKOTA PRAIRIE COMMUNITY ACTION AGENCY, 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