Retirement plan

COMMUNITY ACCESS, INC. 403(B) RETIREMENT PLAN

Name: COMMUNITY ACCESS, INC. - COMMUNITY ACCESS, INC. 403(B) RETIREMENT PLAN (2024) Form 5500
Creator: COMMUNITY ACCESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY ACCESS, INC. 403(B) RETIREMENT PLAN, COMMUNITY ACCESS, INC.

COMMUNITY ACCESS, INC.EIN 23-7399839Plan #002PY 2024

ONE STATE STREET, SUITE 1015 - NEW YORK, NY 10004212-780-1400communityaccess.orgLinkedIn201-500 employeescivic & social organization

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$12.7M

+11.4% from 2023

Total participants

764

+2.1% from 2023

Average account balance

$17,176

+9.3% from 2023

Annual return

12.53%

-4.76 pp from 2023

Benchmarks

See 4,124 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,124 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.71M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

740

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.

91.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.55M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$48

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 3 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC2 years Filed as: MMA SECURITIES, LLC Service code 27 PO BOX 9496 · NEW YORK, NY 100874496	Advisory (Plan)	$23,907
THE VANGUARD GROUP, INC.2 years Service code 15 · EIN 23-1945930	Recordkeeping	$13,045
ALLIANCE PENSION CONSULTANTS, LLC3 years Filed as: ALLIANT INSURANCE SERVICES, INC Service code 37 101 PARK AVE FLOOR 12 · NEW YORK, NY 10178	Loan Processing	$12,515

Plan features & details

Pension benefit codes2E2F2G2K2L2S2T3D3F

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).
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$36K

$121 / participant

Investment mgmt$24K66.8%
Contract admin$12K33.2%

% of EOY assets

0.282%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA, P.C.
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,176

$50,860-66.2%

$155,574-89.0%

$77,714-77.9%

Participation rate

91.9%

63.1%+28.7pp

78.2%+13.7pp

70.6%+21.3pp

Annual return

12.53%

34.86%-22.3pp

64.87%-52.3pp

31.26%-18.7pp

Employer contribution / active EE

$2,003

$1,991+0.6%

$4,676-57.2%

$2,727-26.5%

Participant deferral / active EE

$3,268

$2,825+15.7%

$5,629-41.9%

$4,649-29.7%

Admin fee / account holder

$48

$436-88.9%

$15,914-99.7%

$433-88.8%

Provider

Service type

Compensation

MMA SECURITIES LLC2 years

Filed as: MMA SECURITIES, LLC

Service code 27

PO BOX 9496 · NEW YORK, NY 100874496

Advisory (Plan)

$23,907

THE VANGUARD GROUP, INC.2 years

Service code 15 · EIN 23-1945930

Recordkeeping

$13,045

ALLIANCE PENSION CONSULTANTS, LLC3 years

Filed as: ALLIANT INSURANCE SERVICES, INC

Service code 37

101 PARK AVE FLOOR 12 · NEW YORK, NY 10178

Loan Processing

$12,515

COMMUNITY ACCESS, INC. 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY ACCESS, INC. 403(B) RETIREMENT 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