Retirement plan

WARREN-FOREST COUNTIES ECONOMIC OPPORTUNITY COUNCIL TSA MATCHING PLAN

Name: WARREN-FOREST COUNTIES ECONOMIC OPPORTUNITY COUNCIL, INC. - WARREN-FOREST COUNTIES ECONOMIC OPPORTUNITY COUNCIL TSA MATCHING PLAN (2018) Form 5500
Creator: WARREN-FOREST COUNTIES ECONOMIC OPPORTUNITY COUNCIL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WARREN-FOREST COUNTIES ECONOMIC OPPORTUNITY COUNCIL TSA MATCHING PLAN, WARREN-FOREST COUNTIES ECONOMIC OPPORTUNITY COUNCIL, INC.

WARREN-FOREST COUNTIES ECONOMIC OPPORTUNITY COUNCIL, INC.EIN 25-1153694Plan #001PY 2018

1209 PENNSYLVANIA AVENUE WEST, PO BOX 547 - WARREN, PA 16365814-726-2400wfeoc.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

+1.8% from 2017

Total participants

-2.4% from 2017

Average account balance

$36,805

+1.8% from 2017

Annual return

4.57%

-4.25 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.90M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$204K

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

+9.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$963

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 codes2F2G2L2M2T

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.

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

$248K

$3589 / participant

Other / not subdivided$248K100.0%

% of EOY assets

10.353%

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

$36,805

$75,962-51.5%

$154,111-76.1%

$64,173-42.6%

Participation rate

75.4%

70.4%+4.9pp

83.0%-7.7pp

69.6%+5.8pp

Annual return

4.57%

30.32%-25.8pp

735.18%-730.6pp

7.63%-3.1pp

Employer contribution / active EE

$923

$3,350-72.4%

$5,298-82.6%

$2,381-61.2%

Participant deferral / active EE

$1,269

$3,175-60.0%

$5,081-75.0%

$3,470-63.4%

Admin fee / account holder

$3,810

$5,589-31.8%

$13,411-71.6%

$4,887-22.0%

WARREN-FOREST COUNTIES ECONOMIC OPPORTUNITY COUNCIL TSA MATCHING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WARREN-FOREST COUNTIES ECONOMIC OPPORTUNITY COUNCIL TSA MATCHING 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