Retirement plan

EMPLOYEE BENEFIT PLAN OF SOUTH CENTRAL COMMUNITY ACTION AGENCY, INC.

Name: SOUTH CENTRAL COMMUNITY ACTION AGEN CY, INC. - EMPLOYEE BENEFIT PLAN OF SOUTH CENTRAL COMMUNITY ACTION AGENCY, INC. (2015) Form 5500
Creator: SOUTH CENTRAL COMMUNITY ACTION AGEN CY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SOUTH CENTRAL COMMUNITY ACTION AGENCY, INC., SOUTH CENTRAL COMMUNITY ACTION AGEN CY, INC.

SOUTH CENTRAL COMMUNITY ACTION AGEN CY, INC.EIN 31-1751892Plan #001PY 2015

110 FOURTH STREET - D LO, MS 39062601-847-5552yoursccaa.comLinkedIn11-50 employees

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$123K

No prior year

Total participants

No prior year

Average account balance

$6,167

No prior year

Annual return

-1.45%

No prior year

Benchmarks

See 26,342 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort26,342 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$596K

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

90.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$117K

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

+13.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2354

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$19K

$1181 / participant

Other / not subdivided$19K100.0%

% of EOY assets

15.315%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$6,167

$84,697-92.7%

$73,845-91.6%

$125,393-95.1%

Participation rate

100.0%

76.8%+23.2pp

73.4%+26.6pp

83.2%+16.8pp

Annual return

-1.45%

3123.66%-3125.1pp

2267.91%-2269.4pp

282.23%-283.7pp

Employer contribution / active EE

$904

$3,123-71.1%

$2,788-67.6%

$4,866-81.4%

Participant deferral / active EE

$759

$3,993-81.0%

$3,583-78.8%

$5,351-85.8%

Admin fee / account holder

$945

$5,692-83.4%

$4,881-80.6%

$9,541-90.1%

EMPLOYEE BENEFIT PLAN OF SOUTH CENTRAL COMMUNITY ACTION AGENCY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SOUTH CENTRAL COMMUNITY ACTION AGENCY, INC.

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