Retirement plan

COMMUNITY FOUNDATION OF THE EASTERN SHORE, INC. 401(K) PLAN

Name: COMMUNITY FOUNDATION OF THE EASTERN SHORE, INC. - COMMUNITY FOUNDATION OF THE EASTERN SHORE, INC. 401(K) PLAN (2024) Form 5500
Creator: COMMUNITY FOUNDATION OF THE EASTERN SHORE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY FOUNDATION OF THE EASTERN SHORE, INC. 401(K) PLAN, COMMUNITY FOUNDATION OF THE EASTERN SHORE, INC.

COMMUNITY FOUNDATION OF THE EASTERN SHORE, INC.EIN 52-1326014Plan #002PY 2024

1324 BELMONT AVENUE, SUITE 401 - SALIBURY, MD 21804410-742-9911cfes.orgLinkedIn11-50 employeesphilanthropy

Other plans on this EIN

1 filing

#001Retirement-$22K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$761K

+39.7% from 2023

Total participants

+18.2% from 2023

Average account balance

$69,201

+39.7% from 2023

Annual return

13.51%

-7.69 pp from 2023

Benchmarks

See 50,218 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort50,218 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$955K

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

109.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$142K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+18.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8272

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

See the 4-year trajectory. $4.99 for your first month.

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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 codes2F2G2J2T3D

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.
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

$8K

$626 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.987%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,201

$88,751-22.0%

$81,812-15.4%

$145,922-52.6%

Participation rate

83.3%

75.0%+8.3pp

72.3%+11.0pp

80.3%+3.1pp

Annual return

13.51%

1025.40%-1011.9pp

773.79%-760.3pp

561.29%-547.8pp

Employer contribution / active EE

$4,384

$3,083+42.2%

$2,912+50.5%

$4,660-5.9%

Participant deferral / active EE

$7,513

$4,643+61.8%

$4,319+74.0%

$6,688+12.3%

Admin fee / account holder

$683

$8,415-91.9%

$7,386-90.8%

$13,397-94.9%

COMMUNITY FOUNDATION OF THE EASTERN SHORE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY FOUNDATION OF THE EASTERN SHORE, INC. 401(K) 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