Retirement plan

CINCINNATI ASSOCIATION FOR THE BLIND 401(K) PROFIT SHARING PLAN

Name: CINCINNATI ASSOCIATION FOR THE BLIND - CINCINNATI ASSOCIATION FOR THE BLIND 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: CINCINNATI ASSOCIATION FOR THE BLIND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CINCINNATI ASSOCIATION FOR THE BLIND 401(K) PROFIT SHARING PLAN, CINCINNATI ASSOCIATION FOR THE BLIND

CINCINNATI ASSOCIATION FOR THE BLINDEIN 31-0538511Plan #003PY 2021

2045 GILBERT AVENUE - CINCINNATI, OH 45202513-221-8558cincyblind.orgLinkedIn51-200 employeesindividual & family services

Other plans on this EIN

1 filing

#001Retirement-$1.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.5M

-1.5% from 2020

Total participants

158

-0.6% from 2020

Average account balance

$34,954

-1.5% from 2020

Annual return

12.47%

-2.51 pp from 2020

Benchmarks

See 5,350 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,350 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.24M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

226

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$118

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 4 by compensation

Provider	Service type	Compensation
SHEAKLEY WORKFORCE MANAGEMENT1 year Service code 49	Other Services	$4,334
MORNINGSTAR1 year Filed as: MORNING STAR Service code 27	Advisory (Plan)	$665
HORAN SECURITIES INC1 year Filed as: HORAN SECURITIES Service code 26 · EIN 31-1448612	Advisory (Participants)	$0
VOYA RETIREMENT INSURANCE & ANNUITY5 years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708	Advisory (Participants)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D2S

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$5K

$37 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.086%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BARNES DENNIG & CO LTD
Auditor EIN: 311119890
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,954

$61,172-42.9%

$185,851-81.2%

$79,389-56.0%

Participation rate

100.0%

66.6%+33.4pp

81.7%+18.3pp

70.7%+29.3pp

Annual return

12.47%

19.45%-7.0pp

122.11%-109.6pp

116.89%-104.4pp

Employer contribution / active EE

$2,872

$2,321+23.7%

$5,168-44.4%

$2,428+18.3%

Participant deferral / active EE

$2,702

$2,788-3.1%

$5,569-51.5%

$4,046-33.2%

Admin fee / account holder

$30

$710-95.8%

$16,245-99.8%

$626-95.2%

Provider

Service type

Compensation

SHEAKLEY WORKFORCE MANAGEMENT1 year

Service code 49

Other Services

$4,334

MORNINGSTAR1 year

Filed as: MORNING STAR

Service code 27

Advisory (Plan)

$665

HORAN SECURITIES INC1 year

Filed as: HORAN SECURITIES

Service code 26 · EIN 31-1448612

Advisory (Participants)

VOYA RETIREMENT INSURANCE & ANNUITY5 years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 26 · EIN 71-0294708

Advisory (Participants)

CINCINNATI ASSOCIATION FOR THE BLIND 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CINCINNATI ASSOCIATION FOR THE BLIND 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