Retirement plan

COMMUNITY ACTION COMMITTEE OF PIKE COUNTY RETIREMENT PLAN

Name: COMMUNITY ACTION COMMITTEE OF PIKE COUNTY, INC. - COMMUNITY ACTION COMMITTEE OF PIKE COUNTY RETIREMENT PLAN (2020) Form 5500
Creator: COMMUNITY ACTION COMMITTEE OF PIKE COUNTY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY ACTION COMMITTEE OF PIKE COUNTY RETIREMENT PLAN, COMMUNITY ACTION COMMITTEE OF PIKE COUNTY, INC.

COMMUNITY ACTION COMMITTEE OF PIKE COUNTY, INC.EIN 31-0718042Plan #001PY 2020

941 MARKET ST - PIKETON, OH 456619757740-289-2371pikecac.orgLinkedIn201-500 employeesnon-profit organization management

Other plans on this EIN

1 filing

#002Retirement-$6.3M assets

Prospect flagsHigh feesLow participationHigh assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$4.1M

+8.3% from 2019

Total participants

292

-5.2% from 2019

Average account balance

$4,126,320

+33268.8% from 2019

Annual return

11.06%

-6.82 pp from 2019

Benchmarks

See 1,687 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,687 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.84M

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

382

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

$435K

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

+10.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$54

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 3 by compensation

Provider	Service type	Compensation
NATIONWIDE6+ years Service code 27 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Advisory (Plan)	$39,182
LPL FINANCIAL6+ years Filed as: LPL FINANCIAL LLC Service code 53 4707 EXECUTIVE DR · SAN DIEGO, CA 92121	Insurance Commissions	$15,345
CREATIVE RETIREMENT SYSTEMS, INC.6+ years Service code 15 25 MERCHANT ST., STE. 135 · CINCINNATI, OH 45246	Recordkeeping	$2,100

Plan features & details

Pension benefit codes2C2F2G3D2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$11K

$47 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.265%

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: BHM CPA GROUP, INC.
Auditor EIN: 311413363
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$4,126,320

$66,124+6140.2%

$90,461+4461.4%

$73,497+5514.3%

Participation rate

0.0%

69.7%-69.7pp

72.7%-72.7pp

70.7%-70.7pp

Annual return

11.06%

17.65%-6.6pp

1294.76%-1283.7pp

28.51%-17.5pp

Employer contribution / active EE

$974

$2,346-58.5%

$3,264-70.2%

$2,270-57.1%

Participant deferral / active EE

$3,039-100.0%

$3,964-100.0%

$3,740-100.0%

Admin fee / account holder

$10,945

$396+2662.4%

$5,617+94.9%

$513+2033.2%

Provider

Service type

Compensation

NATIONWIDE6+ years

Service code 27

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Advisory (Plan)

$39,182

LPL FINANCIAL6+ years

Filed as: LPL FINANCIAL LLC

Service code 53

4707 EXECUTIVE DR · SAN DIEGO, CA 92121

Insurance Commissions

$15,345

CREATIVE RETIREMENT SYSTEMS, INC.6+ years

Service code 15

25 MERCHANT ST., STE. 135 · CINCINNATI, OH 45246

Recordkeeping

$2,100

COMMUNITY ACTION COMMITTEE OF PIKE COUNTY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY ACTION COMMITTEE OF PIKE COUNTY RETIREMENT 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