Retirement plan

RURAL COMMUNITY ASSISTANCE PARTNERSHIP, INC. 403(B) PLAN

Name: RURAL COMMUNITY ASSISTANCE PARTNERSHIP, INC. - RURAL COMMUNITY ASSISTANCE PARTNERSHIP, INC. 403(B) PLAN (2021) Form 5500
Creator: RURAL COMMUNITY ASSISTANCE PARTNERSHIP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RURAL COMMUNITY ASSISTANCE PARTNERSHIP, INC. 403(B) PLAN, RURAL COMMUNITY ASSISTANCE PARTNERSHIP, INC.

RURAL COMMUNITY ASSISTANCE PARTNERSHIP, INC.EIN 23-7367533Plan #001PY 2021

1725 I ST NW, SUITE 225 - WASHINGTON, DC 200062403202-408-1273rcap.orgLinkedIn201-500 employeesenvironmental services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$895K

+67.5% from 2020

Total participants

+10.5% from 2020

Average account balance

$42,624

+51.5% from 2020

Annual return

38.02%

+25.72 pp from 2020

Benchmarks

See 37,642 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort37,642 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.51M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

130.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$294K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+10.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$748

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 codes2F2G2L2M2T3D

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.
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

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

$33K

$1967 / participant

Other / not subdivided$33K100.0%

% of EOY assets

3.735%

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

$42,624

$109,863-61.2%

$98,477-56.7%

$167,518-74.6%

Participation rate

100.0%

75.8%+24.2pp

73.3%+26.7pp

82.1%+17.9pp

Annual return

38.02%

1958.09%-1920.1pp

1493.59%-1455.6pp

478.71%-440.7pp

Employer contribution / active EE

$6,024

$3,225+86.8%

$2,961+103.5%

$4,838+24.5%

Participant deferral / active EE

$4,941

$4,673+5.7%

$4,276+15.5%

$6,342-22.1%

Admin fee / account holder

$1,592

$6,755-76.4%

$5,951-73.2%

$12,312-87.1%

RURAL COMMUNITY ASSISTANCE PARTNERSHIP, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RURAL COMMUNITY ASSISTANCE PARTNERSHIP, INC. 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