Retirement plan

THE ECUMENICAL COMMUNITY OF HARRISBURG 401(K) PLAN

Name: THE ECUMENICAL COMMUNITY - THE ECUMENICAL COMMUNITY OF HARRISBURG 401(K) PLAN (2020) Form 5500
Creator: THE ECUMENICAL COMMUNITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ECUMENICAL COMMUNITY OF HARRISBURG 401(K) PLAN, THE ECUMENICAL COMMUNITY

THE ECUMENICAL COMMUNITYEIN 25-1612331Plan #001PY 2020

830 CHERRY DRIVE - HERSHEY, PA 17033717-533-2474

Prospect flagsLow participationLow assets / participantLow employer contributionRecently reached 100 employees

How to read this page

Total assets (EOY)

$1.2M

+18.9% from 2019

Total participants

164

+46.4% from 2019

Average account balance

$10,028

-6.7% from 2019

Annual return

11.26%

-7.31 pp from 2019

Benchmarks

See 5,414 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,414 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.65M

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.

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.

56.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$176K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+9.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1208

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

Top 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$1,790
CETERA ADVISOR NETWORKS LLC1 year Service code 55 200 N PACIFIC COAST HWY STE 1200 · EL SEGUNDO, CA 90245	Other Commissions	$954
MORNINGSTAR2 years Service code 27 · EIN 36-3297908	Advisory (Plan)	$258
VALLEY FORGE INVESTMENT CONSULTANTS2 years Filed as: VALLEY FORGE PENSION MANAGEMENT Service code 13	Contract Administrator	$192
VALLEY FORGE INVESTMENT CONSULTANTS1 year Filed as: VALLEY FORGE PENSION Service code 13 1000 W LAKES DR STE 200 · BERWYN, PA 19312	Contract Administrator	$135

Plan features & details

Pension benefit codes2A2E2J2K2F2G3D2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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.
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$3K

$23 / participant

Contract admin$3K100.0%

% of EOY assets

0.273%

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: RKL LLP
Auditor EIN: 232108173
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,028

$58,895-83.0%

$178,503-94.4%

$73,497-86.4%

Participation rate

64.7%

66.2%-1.5pp

81.9%-17.2pp

70.7%-6.0pp

Annual return

11.26%

24.86%-13.6pp

151.12%-139.9pp

28.51%-17.3pp

Employer contribution / active EE

$208

$2,236-90.7%

$5,011-95.8%

$2,270-90.8%

Participant deferral / active EE

$1,070

$2,567-58.3%

$5,202-79.4%

$3,740-71.4%

Admin fee / account holder

$27

$400-93.2%

$13,987-99.8%

$513-94.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$1,790

CETERA ADVISOR NETWORKS LLC1 year

Service code 55

200 N PACIFIC COAST HWY STE 1200 · EL SEGUNDO, CA 90245

Other Commissions

$954

MORNINGSTAR2 years

Service code 27 · EIN 36-3297908

Advisory (Plan)

$258

VALLEY FORGE INVESTMENT CONSULTANTS2 years

Filed as: VALLEY FORGE PENSION MANAGEMENT

Service code 13

Contract Administrator

$192

VALLEY FORGE INVESTMENT CONSULTANTS1 year

Filed as: VALLEY FORGE PENSION

Service code 13

1000 W LAKES DR STE 200 · BERWYN, PA 19312

Contract Administrator

$135

THE ECUMENICAL COMMUNITY OF HARRISBURG 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ECUMENICAL COMMUNITY OF HARRISBURG 401(K) 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