Retirement plan

EMPLOYEES MPP PLAN OF THE HOUSING AUTHORITY OF KOKOMO IN

Name: HOUSING AUTHORITY OF THE CITY OF KOKOMO IN - EMPLOYEES MPP PLAN OF THE HOUSING AUTHORITY OF KOKOMO IN (2023) Form 5500
Creator: HOUSING AUTHORITY OF THE CITY OF KOKOMO IN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEES MPP PLAN OF THE HOUSING AUTHORITY OF KOKOMO IN, HOUSING AUTHORITY OF THE CITY OF KOKOMO IN

HOUSING AUTHORITY OF THE CITY OF KOKOMO INEIN 35-6001610Plan #001PY 2023

PO BOX 1207 210 E TAYLOR ST - KOKOMO, IN 469031207765-459-3162

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$1.8M

+18.6% from 2022

Total participants

0.0% from 2022

Average account balance

$66,002

+18.6% from 2022

Annual return

12.12%

+30.36 pp from 2022

Benchmarks

See 164,841 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants25-99

Cohort164,841 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.92M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

139.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$106K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4373

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 codes2C2G2T

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$20K

$746 / participant

Other / not subdivided$20K100.0%

% of EOY assets

1.130%

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

$66,002

$75,181-12.2%

$66,0020%

$75,181-12.2%

Participation rate

70.4%

67.2%+3.2pp

70.4%0pp

67.2%+3.2pp

Annual return

12.12%

160.69%-148.6pp

12.12%0pp

160.69%-148.6pp

Employer contribution / active EE

$4,330

$2,671+62.1%

$4,3300%

$2,671+62.1%

Participant deferral / active EE

$4,126-100.0%

Admin fee / account holder

$746

$5,650-86.8%

$7460%

$5,650-86.8%

EMPLOYEES MPP PLAN OF THE HOUSING AUTHORITY OF KOKOMO IN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEES MPP PLAN OF THE HOUSING AUTHORITY OF KOKOMO IN

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