Retirement plan

COMMUNITY ACTION COMMITTEE OF PIKE COUNTY 403(B) PLAN

Name: COMMUNITY ACTION COMMITTEE OF PIKE COUNTY, INC. - COMMUNITY ACTION COMMITTEE OF PIKE COUNTY 403(B) PLAN (2023) 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 403(B) PLAN, COMMUNITY ACTION COMMITTEE OF PIKE COUNTY, INC.

COMMUNITY ACTION COMMITTEE OF PIKE COUNTY, INC.EIN 31-0718042Plan #002PY 2023

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

Other plans on this EIN

1 filing

#001Retirement-$4.3M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.6M

+13.5% from 2022

Total participants

411

+2.5% from 2022

Average account balance

$28,739

+17.5% from 2022

Annual return

14.03%

+29.28 pp from 2022

Benchmarks

See 1,011 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,011 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.60M

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.

238

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.

45.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$706K

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

+10.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$85

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE9+ years Service code 26 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Advisory (Participants)	$67,243
LPL FINANCIAL9+ years Filed as: LPL FINANCIAL, LLC Service code 53	Insurance Commissions	$26,502
REBECCA HALEY1 year Filed as: REBECCA ADKINS Service code 26 941 MARKET STREET · PIKETON, OH 456619757	Advisory (Participants)	$1,860
CREATIVE RETIREMENT SYSTEMS, INC.9+ years Service code 15 25 MERCHANT ST., STE. 135 · CINCINNATI, OH 45246	Recordkeeping	$0
LPL FINANCIAL9+ years Filed as: LPL FINANCIAL LLC Service code 53 4707 EXECUTIVE DR · SAN DIEGO, CA 92121	Insurance Commissions	$0

Plan features & details

Pension benefit codes2F2G2L2M2T2K

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.
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$20K

$62 / participant

Other / not subdivided$20K100.0%

% of EOY assets

0.299%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,739

$52,188-44.9%

$86,656-66.8%

$74,473-61.4%

Participation rate

44.1%

66.3%-22.2pp

71.7%-27.6pp

70.7%-26.6pp

Annual return

14.03%

44.46%-30.4pp

593.09%-579.1pp

34.36%-20.3pp

Employer contribution / active EE

$694

$2,282-69.6%

$3,025-77.1%

$2,638-73.7%

Participant deferral / active EE

$1,259

$3,383-62.8%

$4,439-71.6%

$4,530-72.2%

Admin fee / account holder

$86

$319-73.0%

$5,619-98.5%

$347-75.3%

Provider

Service type

Compensation

NATIONWIDE9+ years

Service code 26

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Advisory (Participants)

$67,243

LPL FINANCIAL9+ years

Filed as: LPL FINANCIAL, LLC

Service code 53

Insurance Commissions

$26,502

REBECCA HALEY1 year

Filed as: REBECCA ADKINS

Service code 26

941 MARKET STREET · PIKETON, OH 456619757

Advisory (Participants)

$1,860

CREATIVE RETIREMENT SYSTEMS, INC.9+ years

Service code 15

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

Recordkeeping

LPL FINANCIAL9+ years

Filed as: LPL FINANCIAL LLC

Service code 53

4707 EXECUTIVE DR · SAN DIEGO, CA 92121

Insurance Commissions

COMMUNITY ACTION COMMITTEE OF PIKE COUNTY 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY ACTION COMMITTEE OF PIKE COUNTY 403(B) 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