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 (2017) 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 2017

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.4M

+21.3% from 2016

Total participants

-8.7% from 2016

Average account balance

$42,307

+33.5% from 2016

Annual return

16.87%

+10.93 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

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 codes2F2H2T3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
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

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

$278K

$4956 / participant

Other / not subdivided$278K100.0%

% of EOY assets

8.201%

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: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,307

$53,128-20.4%

$86,582-51.1%

$70,126-39.7%

Participation rate

92.9%

65.3%+27.6pp

73.5%+19.3pp

69.5%+23.3pp

Annual return

16.87%

27.66%-10.8pp

965.08%-948.2pp

73.15%-56.3pp

Employer contribution / active EE

$3,140

$2,068+51.8%

$2,839+10.6%

$2,343+34.0%

Participant deferral / active EE

$3,756

$2,695+39.3%

$3,609+4.1%

$3,332+12.7%

Admin fee / account holder

$3,469

$3,584-3.2%

$4,904-29.3%

$4,645-25.3%

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