Retirement plan

COMMUNITY RESOURCES FOR INDEPENDENCE, INC. 401(K) PROFIT SHARING PLAN

Name: COMMUNITY RESOURCES FOR INDEPENDENCE, INC. - COMMUNITY RESOURCES FOR INDEPENDENCE, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: COMMUNITY RESOURCES FOR INDEPENDENCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY RESOURCES FOR INDEPENDENCE, INC. 401(K) PROFIT SHARING PLAN, COMMUNITY RESOURCES FOR INDEPENDENCE, INC.

COMMUNITY RESOURCES FOR INDEPENDENCE, INC.EIN 25-1640170Plan #001PY 2019

3410 WEST 12TH STREET - ERIE, PA 16505814-838-7222crinet.orgLinkedIn501-1000 employeeshospital & health care

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$10M

+6.8% from 2018

Total participants

509

+1.0% from 2018

Average account balance

$19,662

+5.7% from 2018

Annual return

3.31%

-5.07 pp from 2018

Benchmarks

See 3,878 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,878 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.46M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

397

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.

79.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$786K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21

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 10 of 27 by compensation

Provider	Service type	Compensation
CONRAD SIEGEL2 years Service code 15 · EIN 23-1669823	Recordkeeping	$10,308
AMERICAN REALTY ADVISORS1 year Filed as: AMERICAN BEACON ADVISORS INC Service code 28 · EIN 75-2401150	Investment Management	$0
CARILLON TOWER ADVISERS INC1 year Service code 28	Investment Management	$0
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: CARILLON TOWER ADVISORS, INC. Service code 28 250 NORTH ROCK ROADE SUITE 150 · WICHITA, KS 67206	Investment Management	$0
CHARLES SCHWAB & CO., INC.4+ years Service code 19	Securities Custodian	$0
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB INVESTMENT MANAGEMEN Service code 28 · EIN 94-3106735	Investment Management	$0
COHEN & STEERS1 year Filed as: COHEN & STEERS CAPITAL INC Service code 28 · EIN 14-1904657	Investment Management	$0
COHEN & STEERS4+ years Filed as: COHEN & STEERS CAPITAL MANAGEMENT I Service code 28	Investment Management	$0
DOUBLELINE CAPITAL LP2 years Service code 28 333 S. GRAND AVE, 18TH FLOOR · LOS ANGELES, CA 90071	Investment Management	$0
FIDUCIARY INVESTMENT ADVISORS1 year Filed as: FIDUCIARY , INC. OF MILWAUKEE Service code 28 · EIN 39-1861095	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$10K

$27 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.103%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MCGILL POWER BELL & ASSOCIATES, LLP
Auditor EIN: 251031405
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,662

$62,928-68.8%

$172,755-88.6%

$67,579-70.9%

Participation rate

100.0%

64.5%+35.5pp

82.6%+17.4pp

71.3%+28.7pp

Annual return

3.31%

30.36%-27.0pp

802.94%-799.6pp

378.56%-375.2pp

Employer contribution / active EE

$2,194

$1,636+34.1%

$5,144-57.3%

$2,148+2.2%

Participant deferral / active EE

$984

$2,145-54.1%

$5,198-81.1%

$3,539-72.2%

Admin fee / account holder

$20

$167-87.8%

$13,955-99.9%

$142-85.8%

Provider

Service type

Compensation

CONRAD SIEGEL2 years

Service code 15 · EIN 23-1669823

Recordkeeping

$10,308

AMERICAN REALTY ADVISORS1 year

Filed as: AMERICAN BEACON ADVISORS INC

Service code 28 · EIN 75-2401150

Investment Management

CARILLON TOWER ADVISERS INC1 year

Service code 28

Investment Management

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: CARILLON TOWER ADVISORS, INC.

Service code 28

250 NORTH ROCK ROADE SUITE 150 · WICHITA, KS 67206

Investment Management

CHARLES SCHWAB & CO., INC.4+ years

Service code 19

Securities Custodian

CHARLES SCHWAB & CO., INC.4+ years

Filed as: CHARLES SCHWAB INVESTMENT MANAGEMEN

Service code 28 · EIN 94-3106735

Investment Management

COHEN & STEERS1 year

Filed as: COHEN & STEERS CAPITAL INC

Service code 28 · EIN 14-1904657

Investment Management

COHEN & STEERS4+ years

Filed as: COHEN & STEERS CAPITAL MANAGEMENT I

Service code 28

Investment Management

DOUBLELINE CAPITAL LP2 years

Service code 28

333 S. GRAND AVE, 18TH FLOOR · LOS ANGELES, CA 90071

Investment Management

FIDUCIARY INVESTMENT ADVISORS1 year

Filed as: FIDUCIARY , INC. OF MILWAUKEE

Service code 28 · EIN 39-1861095

Investment Management

COMMUNITY RESOURCES FOR INDEPENDENCE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY RESOURCES FOR INDEPENDENCE, INC. 401(K) PROFIT SHARING 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