Retirement plan

EMPLOYEE BENEFIT PLAN OF NORTHWEST INDIANA COMMUNITY ACTION CORPORATION

Name: NORTHWEST INDIANA COMMUNITY ACTION CORPORATION - EMPLOYEE BENEFIT PLAN OF NORTHWEST INDIANA COMMUNITY ACTION CORPORATION (2020) Form 5500
Creator: NORTHWEST INDIANA COMMUNITY ACTION CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF NORTHWEST INDIANA COMMUNITY ACTION CORPORATION, NORTHWEST INDIANA COMMUNITY ACTION CORPORATION

NORTHWEST INDIANA COMMUNITY ACTION CORPORATIONEIN 35-1112290Plan #002PY 2020

5240 FOUNTAIN DR - CROWN POINT, IN 463071084219-794-1829

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.6M

+19.0% from 2019

Total participants

132

+9.1% from 2019

Average account balance

$35,457

+7.2% from 2019

Annual return

11.87%

-15.70 pp from 2019

Benchmarks

See 5,414 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,414 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.65M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

213

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.

79.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$640K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+27.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27

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
MUTUAL OF AMERICA INVESTMENT CORP2 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping and information managem...	$1,208

Plan features & details

Pension benefit codes2F2G2T3D

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.
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

$909

$9 / participant

Other / not subdivided$909100.0%

% of EOY assets

0.020%

all-in expense ratio

Categories reported

0 / 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: WIPFLI LLP
Auditor EIN: 351112290
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,457

$58,895-39.8%

$178,503-80.1%

$73,497-51.8%

Participation rate

99.0%

66.2%+32.8pp

81.9%+17.1pp

70.7%+28.3pp

Annual return

11.87%

24.86%-13.0pp

151.12%-139.2pp

28.51%-16.6pp

Employer contribution / active EE

$1,530

$2,236-31.6%

$5,011-69.5%

$2,270-32.6%

Participant deferral / active EE

$2,419

$2,567-5.8%

$5,202-53.5%

$3,740-35.3%

Admin fee / account holder

$400-98.3%

$13,987-100.0%

$513-98.6%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping and information managem...

$1,208

EMPLOYEE BENEFIT PLAN OF NORTHWEST INDIANA COMMUNITY ACTION CORPORATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF NORTHWEST INDIANA COMMUNITY ACTION CORPORATION

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