Retirement plan

403(B) THRIFT PLAN OF OPTIONS FOR INDEPENDENT LIVING, INC.

Name: OPTIONS FOR INDEPENDENT LIVING, INC . - 403(B) THRIFT PLAN OF OPTIONS FOR INDEPENDENT LIVING, INC. (2016) Form 5500
Creator: OPTIONS FOR INDEPENDENT LIVING, INC .
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF OPTIONS FOR INDEPENDENT LIVING, INC., OPTIONS FOR INDEPENDENT LIVING, INC .

OPTIONS FOR INDEPENDENT LIVING, INC .EIN 39-1843312Plan #001PY 2016

555 COUNTRY CLUB RD - GREEN BAY, WI 543134908920-490-8270optionsil.orgLinkedIn11-50 employeesconsumer services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$691K

No prior year

Total participants

No prior year

Average account balance

$28,785

No prior year

Annual return

24.31%

No prior year

Benchmarks

See 228 peers

Peer group

IndustryUnknown

Plan typeDefined contribution

Participants<25

Cohort228 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.01M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$193K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+17.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11147

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 codes2F2T2G2L

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.
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

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

$46K

$1923 / participant

Other / not subdivided$46K100.0%

% of EOY assets

6.680%

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

$28,785

$78,988-63.6%

$273,968-89.5%

Participation rate

100.0%

74.5%+25.5pp

83.0%+17.0pp

Annual return

24.31%

18.48%+5.8pp

41.45%-17.1pp

Employer contribution / active EE

$1,019

$4,066-74.9%

$4,869-79.1%

Participant deferral / active EE

$3,013

$3,397-11.3%

$5,287-43.0%

Admin fee / account holder

$1,923

$13,270-85.5%

$10,132-81.0%

403(B) THRIFT PLAN OF OPTIONS FOR INDEPENDENT LIVING, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF OPTIONS FOR INDEPENDENT LIVING, INC.

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