Retirement plan

COMMUNITY ACTION AGENCY OF COLUMBIANA COUNTY, INC. RETIREMENT PLAN

Name: COMMUNITY ACTION AGENCY OF COLUMBIANA COUNTY, INC. - COMMUNITY ACTION AGENCY OF COLUMBIANA COUNTY, INC. RETIREMENT PLAN (2016) Form 5500
Creator: COMMUNITY ACTION AGENCY OF COLUMBIANA COUNTY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY ACTION AGENCY OF COLUMBIANA COUNTY, INC. RETIREMENT PLAN, COMMUNITY ACTION AGENCY OF COLUMBIANA COUNTY, INC.

COMMUNITY ACTION AGENCY OF COLUMBIANA COUNTY, INC.EIN 34-6565185Plan #002PY 2016

7880 LINCOLE PLACE - LISBON, OH 44432330-424-7221caaofcc.orgLinkedIn201-500 employees

Other plans on this EIN

1 filing

#003Retirement-$247K assets

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$2.8M

+4.7% from 2015

Total participants

284

+2.9% from 2015

Average account balance

$20,318

+2.4% from 2015

Annual return

6.42%

+3.09 pp from 2015

Benchmarks

See 3,733 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,733 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.97M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

222

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.

56.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$868K

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

+15.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64

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 2 by compensation

Provider	Service type	Compensation
INDEPENDENT FINANCIAL GROUP LLC2+ years Service code 26 · EIN 03-0491379	Advisory (Participants)	$13,526
AMERICAN UNITED LIFE INSURANCE CO2+ years Service code 15 · EIN 35-0145825	Recordkeeping	$2,036

Plan features & details

Pension benefit codes2F2G2L2S2T

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.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$14K

$56 / participant

Contract admin$14K100.0%

% of EOY assets

0.515%

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: HILL, BARTH AND KING LLC
Auditor EIN: 341897225
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,318

$36,916-45.0%

$156,551-87.0%

$57,658-64.8%

Participation rate

43.0%

63.4%-20.5pp

84.0%-41.0pp

70.2%-27.3pp

Annual return

6.42%

12.38%-6.0pp

32.23%-25.8pp

5.13%+1.3pp

Employer contribution / active EE

$293

$1,571-81.3%

$5,501-94.7%

$1,974-85.1%

Participant deferral / active EE

$992

$1,926-48.5%

$4,871-79.6%

$3,061-67.6%

Admin fee / account holder

$105

$82+26.9%

$13,028-99.2%

$95+10.7%

Provider

Service type

Compensation

INDEPENDENT FINANCIAL GROUP LLC2+ years

Service code 26 · EIN 03-0491379

Advisory (Participants)

$13,526

AMERICAN UNITED LIFE INSURANCE CO2+ years

Service code 15 · EIN 35-0145825

Recordkeeping

$2,036

COMMUNITY ACTION AGENCY OF COLUMBIANA COUNTY, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY ACTION AGENCY OF COLUMBIANA COUNTY, 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