Retirement plan

EMPLOYEE BENEFIT PLAN OF DUBOIS-PIKE-WARRICK ECONOMIC OPPORTUNITY COMMITTEE, INC.

Name: DUBOIS-PIKE-WARRICK ECONOMIC OPPORTUNITY COMMITTEE, INC. - EMPLOYEE BENEFIT PLAN OF DUBOIS-PIKE-WARRICK ECONOMIC OPPORTUNITY COMMITTEE, INC. (2020) Form 5500
Creator: DUBOIS-PIKE-WARRICK ECONOMIC OPPORTUNITY COMMITTEE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF DUBOIS-PIKE-WARRICK ECONOMIC OPPORTUNITY COMMITTEE, INC., DUBOIS-PIKE-WARRICK ECONOMIC OPPORTUNITY COMMITTEE, INC.

DUBOIS-PIKE-WARRICK ECONOMIC OPPORTUNITY COMMITTEE, INC.EIN 35-1121163Plan #001PY 2020

PO BOX 729 - JASPER, IN 475470729812-482-2233

Prospect flagsLow participationLow employer contributionLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+20.9% from 2019

Total participants

118

+43.9% from 2019

Average account balance

$14,426

+28.9% from 2019

Annual return

13.33%

-7.21 pp from 2019

Benchmarks

See 18,633 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,633 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.77M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

64.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$194K

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

+13.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

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	Account maintenance fees; Claims proc...	$855

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$1K

$13 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.109%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COMER NOWLING AND ASSOCIATES
Auditor EIN: 352102008
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,426

$91,179-84.2%

$178,499-91.9%

$79,852-81.9%

Participation rate

54.3%

69.2%-14.9pp

81.9%-27.6pp

69.6%-15.3pp

Annual return

13.33%

24.19%-10.9pp

151.10%-137.8pp

31.72%-18.4pp

Employer contribution / active EE

$124

$3,256-96.2%

$5,011-97.5%

$2,471-95.0%

Participant deferral / active EE

$993

$3,236-69.3%

$5,202-80.9%

$3,740-73.4%

Admin fee / account holder

$16

$6,749-99.8%

$13,986-99.9%

$5,306-99.7%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Account maintenance fees; Claims proc...

$855

EMPLOYEE BENEFIT PLAN OF DUBOIS-PIKE-WARRICK ECONOMIC OPPORTUNITY COMMITTEE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF DUBOIS-PIKE-WARRICK ECONOMIC OPPORTUNITY COMMITTEE, 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