Retirement plan

HOUSING AUTHORITY OF OGLE COUNTY RETIREMENT PLAN

Name: HOUSING AUTHORITY OF OGLE COUNTY - HOUSING AUTHORITY OF OGLE COUNTY RETIREMENT PLAN (2024) Form 5500
Creator: HOUSING AUTHORITY OF OGLE COUNTY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOUSING AUTHORITY OF OGLE COUNTY RETIREMENT PLAN, HOUSING AUTHORITY OF OGLE COUNTY

HOUSING AUTHORITY OF OGLE COUNTYEIN 36-2880790Plan #001PY 2024

1001 PINE ROADS, SUITE A - OREGON, IL 61061815-732-1301

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$416K

+20.9% from 2023

Total participants

+44.4% from 2023

Average account balance

$32,023

-16.3% from 2023

Annual return

8.04%

-3.27 pp from 2023

Benchmarks

See 478 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort478 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$416K

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

162.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$44K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+8.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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 codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.
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

2 tripped

OpportunityLow returns
Annual investment return 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

$2K

$228 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.439%

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

$32,023

$85,196-62.4%

$76,383-58.1%

$145,897-78.1%

Participation rate

100.0%

82.9%+17.1pp

79.3%+20.7pp

80.3%+19.7pp

Annual return

8.04%

13.13%-5.1pp

13.79%-5.8pp

552.29%-544.3pp

Employer contribution / active EE

$5,546

$5,268+5.3%

$4,587+20.9%

$4,663+18.9%

Participant deferral / active EE

$6,386-100.0%

$5,474-100.0%

$6,689-100.0%

Admin fee / account holder

$141

$5,786-97.6%

$5,147-97.3%

$13,390-99.0%

HOUSING AUTHORITY OF OGLE COUNTY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOUSING AUTHORITY OF OGLE COUNTY 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