Retirement plan

CFNI RETIREMENT PLAN

Name: COMMUNITY FOUNDATION OF NORTHWEST INDIANA, INC. - CFNI RETIREMENT PLAN (2018) Form 5500
Creator: COMMUNITY FOUNDATION OF NORTHWEST INDIANA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CFNI RETIREMENT PLAN, COMMUNITY FOUNDATION OF NORTHWEST INDIANA, INC.

COMMUNITY FOUNDATION OF NORTHWEST INDIANA, INC.EIN 31-1128781Plan #004PY 2018

901 MACARTHUR BOULEVARD - MUNSTER, IN 46321219-836-6705LinkedIn501-1000 employeeshospital & health care

Other plans on this EIN

1 filing

#005Retirement-$226.9M assets

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed June 17, 2002

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$115.5M

-32.6% from 2016

Total participants

6,742

-2.2% from 2016

Average account balance

$17,761

-31.7% from 2016

Annual return

-5.90%

+5.14 pp from 2016

Benchmarks

See 232 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants5,000-9,999

Cohort232 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$233.43M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

8,375

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.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.81M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$31

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION4+ years Service code 13 · EIN 35-1140070	Contract Administrator	$233,548
MERCER4+ years Service code 16 · EIN 61-0736136	Consulting	$20,761
THE SEGAL COMPANY2 years Filed as: THE SEGAL COMPANY DBA GIBSON CONS Service code 16 · EIN 13-1975125	Consulting	$17,703
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN, LEWIS & BOCKIUS LLP Service code 29 · EIN 23-0891050	Legal	$6,775

Plan features & details

Pension benefit codes2E2F2G2K2T3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$279K

$47 / participant

Investment mgmt$38K13.8%
Contract admin$234K83.8%
Other / not subdivided$7K2.4%

% of EOY assets

0.241%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SWARTZ RETSON
Auditor EIN: 351509921
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,761

$44,007-59.6%

$154,110-88.5%

$68,904-74.2%

Participation rate

96.0%

70.0%+26.0pp

83.0%+13.0pp

74.1%+21.9pp

Annual return

-5.90%

8.15%-14.0pp

735.22%-741.1pp

1.07%-7.0pp

Employer contribution / active EE

$3,981

$1,732+129.9%

$5,298-24.9%

$2,540+56.7%

Participant deferral / active EE

$2,813-100.0%

$5,081-100.0%

$4,015-100.0%

Admin fee / account holder

$43

$65-33.8%

$13,412-99.7%

$71-39.9%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION4+ years

Service code 13 · EIN 35-1140070

Contract Administrator

$233,548

MERCER4+ years

Service code 16 · EIN 61-0736136

Consulting

$20,761

THE SEGAL COMPANY2 years

Filed as: THE SEGAL COMPANY DBA GIBSON CONS

Service code 16 · EIN 13-1975125

Consulting

$17,703

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN, LEWIS & BOCKIUS LLP

Service code 29 · EIN 23-0891050

Legal

$6,775

CFNI RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CFNI RETIREMENT PLAN

Top hat statement on fileNQDC

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