Retirement plan

RIVERBEND HEAD START & FAMILY SERVICES, INC. RETIREMENT AND SAVINGS PLAN

Name: RIVERBEND HEAD START & FAMILY SERVICES, INC. - RIVERBEND HEAD START & FAMILY SERVICES, INC. RETIREMENT AND SAVINGS PLAN (2019) Form 5500
Creator: RIVERBEND HEAD START & FAMILY SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RIVERBEND HEAD START & FAMILY SERVICES, INC. RETIREMENT AND SAVINGS PLAN, RIVERBEND HEAD START & FAMILY SERVICES, INC.

RIVERBEND HEAD START & FAMILY SERVICES, INC.EIN 37-0681548Plan #001PY 2019

550 LANDMARKS BOULEVARD,, THIRD FLOOR - ALTON, IL 62002618-463-8907riverbendfamilies.orgLinkedIn51-200 employeesindividual & family services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.8M

+22.1% from 2018

Total participants

209

+7.7% from 2018

Average account balance

$27,520

+12.2% from 2018

Annual return

21.06%

+26.44 pp from 2018

Benchmarks

See 5,342 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,342 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.08M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

184

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$622K

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

+8.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$137

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
MINNESOTA LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 41-0417830	Contract Administrator	$5,210

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$5K

$45 / participant

Contract admin$5K100.0%

% of EOY assets

0.091%

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: C.J. SCHOSSER & COMPANY LLC
Auditor EIN: 371031116
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,520

$52,961-48.0%

$172,755-84.1%

$65,185-57.8%

Participation rate

100.0%

66.2%+33.8pp

82.6%+17.4pp

70.2%+29.8pp

Annual return

21.06%

30.12%-9.1pp

802.94%-781.9pp

29.38%-8.3pp

Employer contribution / active EE

$1,746

$2,190-20.3%

$5,144-66.0%

$2,177-19.8%

Participant deferral / active EE

$1,537

$2,471-37.8%

$5,198-70.4%

$3,514-56.3%

Admin fee / account holder

$25

$472-94.7%

$13,955-99.8%

$847-97.1%

Provider

Service type

Compensation

MINNESOTA LIFE INSURANCE COMPANY5+ years

Service code 13 · EIN 41-0417830

Contract Administrator

$5,210

RIVERBEND HEAD START & FAMILY SERVICES, INC. RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RIVERBEND HEAD START & FAMILY SERVICES, INC. RETIREMENT AND SAVINGS 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