Retirement plan

401(K) PROFIT SHARING PLAN OF ARC IMPERIAL VALLEY

Name: ARC IMPERIAL VALLEY - 401(K) PROFIT SHARING PLAN OF ARC IMPERIAL VALLEY (2022) Form 5500
Creator: ARC IMPERIAL VALLEY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN OF ARC IMPERIAL VALLEY, ARC IMPERIAL VALLEY

ARC IMPERIAL VALLEYEIN 23-7245178Plan #001PY 2022

3520180, PO BOX 1828 - EL CENTRO, CA 922441828760-352-0180arciv.orgLinkedIn11-50 employeesnon-profit organization management

Other plans on this EIN

2 filings

#002Retirement-$1.2M assets #003Retirement-$777K assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$6.6M

+1.0% from 2021

Total participants

188

+1.6% from 2021

Average account balance

$36,446

-0.1% from 2021

Annual return

-3.04%

-6.27 pp from 2021

Benchmarks

See 5,345 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,345 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.33M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

153

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.

92.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$366K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+4.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP4 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Account maintenance fees; Participant...	$2,373

Plan features & details

Pension benefit codes2G2J2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$18 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.036%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HUTCHINSON & BLOODGOOD, LLP
Auditor EIN: 950858589
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,446

$65,125-44.0%

$143,797-74.7%

$66,949-45.6%

Participation rate

94.6%

65.2%+29.4pp

80.3%+14.3pp

69.8%+24.8pp

Annual return

-3.04%

-11.13%+8.1pp

-0.04%-3.0pp

1.57%-4.6pp

Employer contribution / active EE

$2,289

$2,362-3.1%

$4,952-53.8%

$2,545-10.1%

Participant deferral / active EE

$2,920-100.0%

$5,638-100.0%

$4,239-100.0%

Admin fee / account holder

$13

$503-97.4%

$14,679-99.9%

$594-97.8%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP4 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Account maintenance fees; Participant...

$2,373

401(K) PROFIT SHARING PLAN OF ARC IMPERIAL VALLEY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN OF ARC IMPERIAL VALLEY

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