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 (2020) 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 2020

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

Prospect flagsLow returnsLow assets / participant

How to read this page

Total assets (EOY)

$4.7M

+6.8% from 2019

Total participants

475

+1.9% from 2019

Average account balance

$10,305

+5.8% from 2019

Annual return

7.12%

-0.56 pp from 2019

Benchmarks

See 1,687 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,687 peers

Snapshot2020

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 CORP4 years Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 · EIN 13-1614399	Recordkeeping and information managem...	$1,345

Plan features & details

Pension benefit codes2F2G2L2S2T3D

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.
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.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$6K

$27 / participant

Contract admin$6K100.0%

% of EOY assets

0.126%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,305

$66,124-84.4%

$90,440-88.6%

$73,493-86.0%

Participation rate

91.7%

69.7%+22.0pp

72.7%+19.0pp

70.7%+21.0pp

Annual return

7.12%

17.65%-10.5pp

1294.38%-1287.3pp

28.51%-21.4pp

Employer contribution / active EE

$846

$2,346-64.0%

$3,263-74.1%

$2,270-62.8%

Participant deferral / active EE

$971

$3,039-68.1%

$3,964-75.5%

$3,740-74.0%

Admin fee / account holder

$13

$396-96.7%

$5,615-99.8%

$513-97.5%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP4 years

Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO

Service code 12 · EIN 13-1614399

Recordkeeping and information managem...

$1,345

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