Retirement plan

SOUTH CENTRAL MISSOURI COMMUNITY ACTION AGENCY 401(K) PROFIT SHARING PLAN

Name: SOUTH CENTRAL MISSOURI COMMUNITY ACTION AGENCY - SOUTH CENTRAL MISSOURI COMMUNITY ACTION AGENCY 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: SOUTH CENTRAL MISSOURI COMMUNITY ACTION AGENCY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTH CENTRAL MISSOURI COMMUNITY ACTION AGENCY 401(K) PROFIT SHARING PLAN, SOUTH CENTRAL MISSOURI COMMUNITY ACTION AGENCY

SOUTH CENTRAL MISSOURI COMMUNITY ACTION AGENCYEIN 43-0839302Plan #002PY 2023

8055 OLD ALTON RD - WINONA, MO 655888526573-325-4255LinkedIn11-50 employeesmedical practice

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$1.7M

+26.4% from 2022

Total participants

246

+13.4% from 2022

Average account balance

$8,165

+13.3% from 2022

Annual return

16.36%

+32.35 pp from 2022

Benchmarks

See 5,703 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,703 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.86M

Not enough data

1 years with asset history on file

Average account balance

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

$9K

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.

206

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$337K

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

+12.02%

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 CORP5+ years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Claims processing; Recordkeeping and ...	$485

Plan features & details

Pension benefit codes2F2G2J2S2T

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant 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

$485

$2 / participant

Other / not subdivided$485100.0%

% of EOY assets

0.028%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ROBERTS, MCKENZIE, MANGAN & CUMMING
Auditor EIN: 431244312
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$8,165

$61,391-86.7%

$149,723-94.5%

$71,529-88.6%

Participation rate

82.7%

62.5%+20.2pp

78.8%+4.0pp

67.9%+14.8pp

Annual return

16.36%

35.88%-19.5pp

134.50%-118.1pp

28.97%-12.6pp

Employer contribution / active EE

$843

$2,384-64.6%

$4,821-82.5%

$2,590-67.5%

Participant deferral / active EE

$529

$2,921-81.9%

$5,682-90.7%

$4,291-87.7%

Admin fee / account holder

$1,264-99.8%

$13,215-100.0%

$1,588-99.9%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP5+ years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Claims processing; Recordkeeping and ...

$485

SOUTH CENTRAL MISSOURI COMMUNITY ACTION AGENCY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTH CENTRAL MISSOURI COMMUNITY ACTION AGENCY 401(K) PROFIT SHARING 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