Retirement plan

403(B) THRIFT PLAN FOR THE ARC OF THE CENTRAL CHESAPEAKE REGION, INC.

Name: THE ARC OF THE CENTRAL CHESAPEAKE R EGION, INC. - 403(B) THRIFT PLAN FOR THE ARC OF THE CENTRAL CHESAPEAKE REGION, INC. (2017) Form 5500
Creator: THE ARC OF THE CENTRAL CHESAPEAKE R EGION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR THE ARC OF THE CENTRAL CHESAPEAKE REGION, INC., THE ARC OF THE CENTRAL CHESAPEAKE R EGION, INC.

THE ARC OF THE CENTRAL CHESAPEAKE R EGION, INC.EIN 52-6047882Plan #001PY 2017

931 SPA RD - ANNAPOLIS, MD 21401410-269-1883

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$2.3M

+5.8% from 2016

Total participants

143

-7.7% from 2016

Average account balance

$16,454

+19.8% from 2016

Annual return

10.37%

+8.28 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.65M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

681

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.

93.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.94M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$43

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 CORP2+ years Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Account maintenance fees; Claims proc...	$1,594

Plan features & details

Pension benefit codes2G2F2L2T

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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$2K

$13 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.068%

all-in expense ratio

Categories reported

0 / 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: MULLEN,SONDBERG,WIMBISH,&STONE P.A.
Auditor EIN: 521197902
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,454

$50,637-67.5%

$86,582-81.0%

$62,293-73.6%

Participation rate

95.0%

67.9%+27.1pp

73.5%+21.4pp

69.5%+25.4pp

Annual return

10.37%

20.80%-10.4pp

965.08%-954.7pp

28.90%-18.5pp

Employer contribution / active EE

$317

$2,075-84.7%

$2,839-88.8%

$2,042-84.5%

Participant deferral / active EE

$1,828

$2,611-30.0%

$3,609-49.3%

$3,169-42.3%

Admin fee / account holder

$11

$413-97.3%

$4,904-99.8%

$479-97.7%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2+ years

Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Account maintenance fees; Claims proc...

$1,594

403(B) THRIFT PLAN FOR THE ARC OF THE CENTRAL CHESAPEAKE REGION, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR THE ARC OF THE CENTRAL CHESAPEAKE REGION, 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