Retirement plan

403 B THRIFT PLAN OF ILLINOIS ASSOCIATION OF COMMUNITY ACTION AGENCIES

Name: ILLINOIS ASSOCIATION OF COMMUNITY A CTION AGENCIES - 403 B THRIFT PLAN OF ILLINOIS ASSOCIATION OF COMMUNITY ACTION AGENCIES (2017) Form 5500
Creator: ILLINOIS ASSOCIATION OF COMMUNITY A CTION AGENCIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403 B THRIFT PLAN OF ILLINOIS ASSOCIATION OF COMMUNITY ACTION AGENCIES, ILLINOIS ASSOCIATION OF COMMUNITY A CTION AGENCIES

ILLINOIS ASSOCIATION OF COMMUNITY A CTION AGENCIESEIN 37-0956949Plan #001PY 2017

3435 LIBERTY DR - SPRINGFIELD, IL 627046594217-789-0125

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$438K

-34.6% from 2016

Total participants

-28.6% from 2016

Average account balance

$43,806

-8.4% from 2016

Annual return

11.90%

+2.94 pp from 2016

Benchmarks

See 32,066 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,066 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$830K

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

166.7%

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

$12K

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

+12.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4684

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2F2T2L2G2S

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$360K

$59949 / participant

Other / not subdivided$360K100.0%

% of EOY assets

82.109%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,806

$99,020-55.8%

$86,590-49.4%

$147,584-70.3%

Participation rate

100.0%

76.3%+23.7pp

73.5%+26.5pp

82.8%+17.2pp

Annual return

11.90%

1312.34%-1300.4pp

964.84%-952.9pp

578.55%-566.6pp

Employer contribution / active EE

$5,345

$3,132+70.7%

$2,839+88.2%

$4,876+9.6%

Participant deferral / active EE

$2,720

$3,972-31.5%

$3,609-24.6%

$5,439-50.0%

Admin fee / account holder

$35,969

$5,710+529.9%

$4,906+633.2%

$10,885+230.4%

403 B THRIFT PLAN OF ILLINOIS ASSOCIATION OF COMMUNITY ACTION AGENCIES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403 B THRIFT PLAN OF ILLINOIS ASSOCIATION OF COMMUNITY ACTION AGENCIES

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