Retirement plan

C.E.F.S. ECONOMIC OPPORTUNITY CORPORATION PLAN

Name: C.E.F.S. ECONOMIC OPPORTUNITY CORP - C.E.F.S. ECONOMIC OPPORTUNITY CORPORATION PLAN (2018) Form 5500
Creator: C.E.F.S. ECONOMIC OPPORTUNITY CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, C.E.F.S. ECONOMIC OPPORTUNITY CORPORATION PLAN, C.E.F.S. ECONOMIC OPPORTUNITY CORP

C.E.F.S. ECONOMIC OPPORTUNITY CORPEIN 37-6053117Plan #001PY 2018

1805 SOUTH BANKER ST, P. O. BOX 928 - EFFINGHAM, IL 624010928217-342-2193

Prospect flagsLow assets / participantLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$4M

+4.5% from 2017

Total participants

449

+13.4% from 2017

Average account balance

$9,378

-8.0% from 2017

Annual return

1.63%

-3.89 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.93M

Not enough data

1 years with asset history on file

Average account balance

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

$12K

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.

499

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.

84.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$356K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+8.57%

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 Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 · EIN 13-1614399	Claims processing; Account maintenanc...	$344

Plan features & details

Pension benefit codes2F2G2L2S2T

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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$7K

$33 / participant

Contract admin$7K100.0%

% of EOY assets

0.180%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MARTIN HOOD LLC
Auditor EIN: 371119790
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$9,378

$44,873-79.1%

$79,466-88.2%

$56,287-83.3%

Participation rate

90.0%

68.7%+21.3pp

73.3%+16.7pp

69.9%+20.2pp

Annual return

1.63%

0.81%+0.8pp

718.28%-716.6pp

-9.96%+11.6pp

Employer contribution / active EE

$725

$2,140-66.1%

$2,800-74.1%

$2,111-65.7%

Participant deferral / active EE

$792

$2,746-71.2%

$3,704-78.6%

$3,350-76.4%

Admin fee / account holder

$17

$418-96.0%

$5,104-99.7%

$521-96.8%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2 years

Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO

Service code 12 · EIN 13-1614399

Claims processing; Account maintenanc...

$344

C.E.F.S. ECONOMIC OPPORTUNITY CORPORATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

C.E.F.S. ECONOMIC OPPORTUNITY CORPORATION 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