Retirement plan

CONSUMER CREDIT COUNSELING SERVICE OF THE MIDWEST, INC. RETIREMENT PLAN

Name: CONSUMER CREDIT COUNSELING SVC OF MIDWEST INC - CONSUMER CREDIT COUNSELING SERVICE OF THE MIDWEST, INC. RETIREMENT PLAN (2018) Form 5500
Creator: CONSUMER CREDIT COUNSELING SVC OF MIDWEST INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSUMER CREDIT COUNSELING SERVICE OF THE MIDWEST, INC. RETIREMENT PLAN, CONSUMER CREDIT COUNSELING SVC OF MIDWEST INC

CONSUMER CREDIT COUNSELING SVC OF MIDWEST INCEIN 31-0731111Plan #001PY 2018

690 TAYLOR ROAD, SUITE 110 - GAHANNA, OH 43230614-552-2222LinkedIn51-200 employeesinvestment banking

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.8M

-16.1% from 2017

Total participants

-13.1% from 2017

Average account balance

$62,557

-3.5% from 2017

Annual return

-5.79%

-21.43 pp from 2017

Benchmarks

See 7,475 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants25-99

Cohort7,475 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.76M

Not enough data

1 years with asset history on file

Average account balance

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

$129K

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.

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.

272.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$165K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8457

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

0 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
VOYA RETIREMENT INSURANCE & ANNUITY2 years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 28	Investment Management	$1,176
KESTRA INVESTMENT SERVICES LLC2 years Filed as: KESTRA INVESTMENT SERVICES, LLC Service code 55 · EIN 74-2794194 STE 400 · AUSTIN, TX 78735	Other Commissions	$168
VOYA RETIREMENT INSURANCE & ANNUITY4+ years Service code 28 · EIN 71-0294708	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$33 / participant

Investment mgmt$2K100.0%

% of EOY assets

0.026%

all-in expense ratio

Categories reported

1 / 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: PLANTE MORAN
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,557

$94,529-33.8%

$140,019-55.3%

$64,173-2.5%

Participation rate

100.0%

84.1%+15.9pp

87.5%+12.5pp

69.6%+30.4pp

Annual return

-5.79%

7.77%-13.6pp

651.17%-657.0pp

7.63%-13.4pp

Employer contribution / active EE

$1,801

$3,812-52.8%

$5,605-67.9%

$2,381-24.4%

Participant deferral / active EE

$2,737

$5,250-47.9%

$6,927-60.5%

$3,470-21.1%

Admin fee / account holder

$16

$6,741-99.8%

$10,705-99.8%

$4,887-99.7%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY2 years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 28

Investment Management

$1,176

KESTRA INVESTMENT SERVICES LLC2 years

Filed as: KESTRA INVESTMENT SERVICES, LLC

Service code 55 · EIN 74-2794194

STE 400 · AUSTIN, TX 78735

Other Commissions

$168

VOYA RETIREMENT INSURANCE & ANNUITY4+ years

Service code 28 · EIN 71-0294708

Investment Management

CONSUMER CREDIT COUNSELING SERVICE OF THE MIDWEST, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSUMER CREDIT COUNSELING SERVICE OF THE MIDWEST, INC. 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