Retirement plan

COMMUNITY SOLUTIONS 403(B) PLAN

Name: COMMUNITY SOLUTIONS - COMMUNITY SOLUTIONS 403(B) PLAN (2019) Form 5500
Creator: COMMUNITY SOLUTIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY SOLUTIONS 403(B) PLAN, COMMUNITY SOLUTIONS

COMMUNITY SOLUTIONSEIN 23-7351215Plan #001PY 2019

9015 MURRAY AVENUE STE 100 - GILROY, CA 950203617408-776-6236

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$7.1M

+28.7% from 2018

Total participants

420

+16.7% from 2018

Average account balance

$36,417

+22.1% from 2018

Annual return

23.47%

+29.99 pp from 2018

Benchmarks

See 3,878 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,878 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.02M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

232

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.

44.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.72M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$84

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 2 by compensation

Provider	Service type	Compensation
AMERITAS LIFE INSURANCE CORP5+ years Filed as: AMERITAS LIFE INSURANCE CORP. Service code 15 · EIN 47-0098400	Recordkeeping	$37,655
AMERITAS LIFE INSURANCE CORP2 years Service code 28 · EIN 47-0098400	Investment Management	$20,446

Plan features & details

Pension benefit codes2F2G2K2L2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract 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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$60K

$176 / participant

Investment mgmt$60K100.0%

% of EOY assets

0.851%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: NICHOLS, RICK AND COMPANY CPA'S
Auditor EIN: 770454740
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,417

$62,928-42.1%

$172,752-78.9%

$67,579-46.1%

Participation rate

34.4%

64.5%-30.1pp

82.6%-48.2pp

71.3%-36.9pp

Annual return

23.47%

30.36%-6.9pp

802.97%-779.5pp

378.56%-355.1pp

Employer contribution / active EE

$973

$1,636-40.5%

$5,144-81.1%

$2,148-54.7%

Participant deferral / active EE

$1,657

$2,145-22.7%

$5,198-68.1%

$3,539-53.2%

Admin fee / account holder

$310

$167+86.0%

$13,955-97.8%

$142+117.9%

Provider

Service type

Compensation

AMERITAS LIFE INSURANCE CORP5+ years

Filed as: AMERITAS LIFE INSURANCE CORP.

Service code 15 · EIN 47-0098400

Recordkeeping

$37,655

AMERITAS LIFE INSURANCE CORP2 years

Service code 28 · EIN 47-0098400

Investment Management

$20,446

COMMUNITY SOLUTIONS 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY SOLUTIONS 403(B) 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