Retirement plan

COMMUNITY ACCESS LINE OF THE LAKESHORE, INC. 403(B) RETIREMENT PLAN

Name: COMMUNITY ACCESS LINE OF THE LAKESHORE, INC. - COMMUNITY ACCESS LINE OF THE LAKESHORE, INC. 403(B) RETIREMENT PLAN (2018) Form 5500
Creator: COMMUNITY ACCESS LINE OF THE LAKESHORE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY ACCESS LINE OF THE LAKESHORE, INC. 403(B) RETIREMENT PLAN, COMMUNITY ACCESS LINE OF THE LAKESHORE, INC.

COMMUNITY ACCESS LINE OF THE LAKESHORE, INC.EIN 38-3171086Plan #001PY 2018

PO BOX 1101 - MUSKEGON, MI 49443231-733-8605LinkedIn11-50 employeesnon-profit organization management

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$142K

+1.9% from 2017

Total participants

0.0% from 2017

Average account balance

$35,384

+1.9% from 2017

Annual return

-5.29%

-25.78 pp from 2017

Benchmarks

See 325 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort325 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$417K

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

63.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1198

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 codes2G2L2T

Plan features

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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$35,384

$63,953-44.7%

$54,726-35.3%

$135,382-73.9%

Participation rate

80.0%

84.9%-4.9pp

79.1%+0.9pp

82.6%-2.6pp

Annual return

-5.29%

-5.77%+0.5pp

-4.56%-0.7pp

519.77%-525.1pp

Employer contribution / active EE

$428

$4,256-89.9%

$3,449-87.6%

$4,779-91.0%

Participant deferral / active EE

$1,580

$4,810-67.2%

$3,953-60.0%

$5,609-71.8%

Admin fee / account holder

$4,567-100.0%

$3,818-100.0%

$10,829-100.0%

COMMUNITY ACCESS LINE OF THE LAKESHORE, INC. 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

COMMUNITY ACCESS LINE OF THE LAKESHORE, INC. 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion