Retirement plan

RACINE/KENOSHA COMMUNITY ACTION AGENCY, INC. 403(B) PENSION PLAN

Name: RACINE/KENOSHA COMMUNITY ACTION AGENCY, INC. - RACINE/KENOSHA COMMUNITY ACTION AGENCY, INC. 403(B) PENSION PLAN (2016) Form 5500
Creator: RACINE/KENOSHA COMMUNITY ACTION AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RACINE/KENOSHA COMMUNITY ACTION AGENCY, INC. 403(B) PENSION PLAN, RACINE/KENOSHA COMMUNITY ACTION AGENCY, INC.

RACINE/KENOSHA COMMUNITY ACTION AGENCY, INC.EIN 39-1087210Plan #001PY 2016

2113 N WISCONSIN ST - RACINE, WI 53402262-637-8377LinkedIn11-50 employeescivic & social organization

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.8M

+0.4% from 2015

Total participants

-9.8% from 2015

Average account balance

$31,699

+13.0% from 2015

Annual return

5.94%

+6.17 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.67M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$344K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3385

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

Top 1 by compensation

Provider	Service type	Compensation
JOHNSON BANK2+ years Service code 15 · EIN 39-1141446	Recordkeeping	$18,679

Plan features & details

Pension benefit codes2F2G2L2M3D2T

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$20K

$326 / participant

Contract admin$20K100.0%

% of EOY assets

0.700%

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: BAKER TILLY VIRCHOW KRAUSE LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,699

$48,078-34.1%

$78,676-59.7%

$62,881-49.6%

Participation rate

93.3%

65.2%+28.1pp

73.6%+19.8pp

69.3%+24.0pp

Annual return

5.94%

31.36%-25.4pp

62.19%-56.2pp

20.14%-14.2pp

Employer contribution / active EE

$2,714

$2,015+34.7%

$2,850-4.8%

$2,281+19.0%

Participant deferral / active EE

$2,835

$2,587+9.6%

$3,517-19.4%

$3,203-11.5%

Admin fee / account holder

$222

$3,206-93.1%

$4,510-95.1%

$4,296-94.8%

Provider

Service type

Compensation

JOHNSON BANK2+ years

Service code 15 · EIN 39-1141446

Recordkeeping

$18,679

RACINE/KENOSHA COMMUNITY ACTION AGENCY, INC. 403(B) PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RACINE/KENOSHA COMMUNITY ACTION AGENCY, INC. 403(B) PENSION 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