Retirement plan

C.A.O. OF SCIOTO COUNTY 403(B) PLAN

Name: COMMUNITY ACTION ORGANIZATION OF SCIOTO COUNTY, INC. - C.A.O. OF SCIOTO COUNTY 403(B) PLAN (2024) Form 5500
Creator: COMMUNITY ACTION ORGANIZATION OF SCIOTO COUNTY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, C.A.O. OF SCIOTO COUNTY 403(B) PLAN, COMMUNITY ACTION ORGANIZATION OF SCIOTO COUNTY, INC.

COMMUNITY ACTION ORGANIZATION OF SCIOTO COUNTY, INC.EIN 31-0718622Plan #001PY 2024

433 THIRD STREET - PORTSMOUTH, OH 456621525740-354-7541

Prospect flagsLow participant contributionRecently reached 100 employeesFailed to transmit contributions

How to read this page

Total assets (EOY)

$8.8M

+8.3% from 2023

Total participants

527

+25.5% from 2023

Average account balance

$20,152

No prior year

Annual return

12.70%

-0.49 pp from 2023

Benchmarks

See 1,035 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,035 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.81M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

437

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.

74.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$582K

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

+12.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$90

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 1 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY4 years Filed as: VOYA RETIREMENT INSURANC & ANN Service code 60 · EIN 71-0294708	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2L2T2G2F

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract 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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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

$39K

$110 / participant

Recordkeeping$39K100.0%

% of EOY assets

0.446%

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: PW PARTNERS, LLC
Auditor EIN: 833323563
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,152

$65,960-69.4%

$81,882-75.4%

$77,762-74.1%

Participation rate

74.9%

65.8%+9.1pp

72.4%+2.5pp

70.6%+4.3pp

Annual return

12.70%

26.64%-13.9pp

779.47%-766.8pp

31.27%-18.6pp

Employer contribution / active EE

$845

$2,375-64.4%

$2,916-71.0%

$2,728-69.0%

Participant deferral / active EE

$780

$3,505-77.7%

$4,323-81.9%

$4,651-83.2%

Admin fee / account holder

$90

$526-82.9%

$7,360-98.8%

$433-79.2%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY4 years

Filed as: VOYA RETIREMENT INSURANC & ANN

Service code 60 · EIN 71-0294708

Sub-TA Fees

C.A.O. OF SCIOTO COUNTY 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

C.A.O. OF SCIOTO 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