Retirement plan

COMMUNITY GUIDANCE CENTER TAX SHELTERED ANNUITY 403(B) PLAN

Name: COMMUNITY GUIDANCE CENTER - COMMUNITY GUIDANCE CENTER TAX SHELTERED ANNUITY 403(B) PLAN (2021) Form 5500
Creator: COMMUNITY GUIDANCE CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY GUIDANCE CENTER TAX SHELTERED ANNUITY 403(B) PLAN, COMMUNITY GUIDANCE CENTER

COMMUNITY GUIDANCE CENTEREIN 25-1096780Plan #002PY 2021

793 OLD ROUTE 119 HWY NORTH - INDIANA, PA 157011372724-465-5576thecgc.comLinkedIn51-200 employeesmental health care

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$6.6M

+7.7% from 2020

Total participants

172

-4.4% from 2020

Average account balance

$55,650

+7.7% from 2020

Annual return

11.76%

-6.51 pp from 2020

Benchmarks

See 5,351 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,351 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.13M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

125

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.

57.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$570K

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

+11.81%

Not enough data

1 years with return on file

Admin fee / account holder

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

$221

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
INFINEX INVESTMENTS INC3 years Filed as: INFINEX INVESTMENTS Service code 27 538 PRESTON AVE · MERIDEN, CT 06450	Advisory (Plan)	$22,340

Plan features & details

Pension benefit codes2G2L2T3D2K2F

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$25K

$194 / participant

Contract admin$25K100.0%

% of EOY assets

0.383%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MCCALL, SCANLON & TICE LLC
Auditor EIN: 262728289
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,650

$61,166-9.0%

$185,849-70.1%

$79,391-29.9%

Participation rate

58.5%

66.6%-8.2pp

81.7%-23.2pp

70.7%-12.2pp

Annual return

11.76%

19.45%-7.7pp

122.10%-110.3pp

116.88%-105.1pp

Employer contribution / active EE

$1,643

$2,321-29.2%

$5,169-68.2%

$2,428-32.3%

Participant deferral / active EE

$2,112

$2,789-24.3%

$5,569-62.1%

$4,046-47.8%

Admin fee / account holder

$213

$710-70.0%

$16,244-98.7%

$627-66.0%

Provider

Service type

Compensation

INFINEX INVESTMENTS INC3 years

Filed as: INFINEX INVESTMENTS

Service code 27

538 PRESTON AVE · MERIDEN, CT 06450

Advisory (Plan)

$22,340

COMMUNITY GUIDANCE CENTER TAX SHELTERED ANNUITY 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY GUIDANCE CENTER TAX SHELTERED ANNUITY 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