Retirement plan

COMMUNITY RESIDENCES RETIREMENT PLAN

Name: COMMUNITY RESIDENCES, INC. - COMMUNITY RESIDENCES RETIREMENT PLAN (2024) Form 5500
Creator: COMMUNITY RESIDENCES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY RESIDENCES RETIREMENT PLAN, COMMUNITY RESIDENCES, INC.

COMMUNITY RESIDENCES, INC.EIN 54-1004092Plan #003PY 2024

14160 NEWBROOK DRIVE - CHANTILLY, VA 20151703-842-2391LinkedIn1-10 employeestransportation/trucking/railroad

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$16.7M

+14.2% from 2023

Total participants

522

-2.2% from 2023

Average account balance

$55,936

+18.8% from 2023

Annual return

13.85%

-4.01 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.72M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

299

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.

50.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.21M

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

+13.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$159

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 2 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA SEC. CORP LLC1 year Service code 15 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping	$16,384
WILSHIRE ASSOCIATES INCORPORATED1 year Filed as: WILSHIRE ASSOCIATES INC. Service code 27 1299 OCEAN AVENUE · SANTA MONICA, CA 90401	Advisory (Plan)	$1,743

Plan features & details

Pension benefit codes2A2F2G2L2M2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$48K

$107 / participant

Recordkeeping$48K100.0%

% of EOY assets

0.285%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WALKER HEALTHCARE SERVS GROUP CPAS
Auditor EIN: 541643141
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,936

$50,919+9.9%

$155,556-64.0%

$77,762-28.1%

Participation rate

50.1%

63.1%-13.0pp

78.2%-28.1pp

70.6%-20.5pp

Annual return

13.85%

34.84%-21.0pp

64.84%-51.0pp

31.27%-17.4pp

Employer contribution / active EE

$347

$1,991-82.6%

$4,675-92.6%

$2,728-87.3%

Participant deferral / active EE

$2,353

$2,824-16.7%

$5,631-58.2%

$4,651-49.4%

Admin fee / account holder

$159

$437-63.5%

$15,885-99.0%

$433-63.2%

Provider

Service type

Compensation

MUTUAL OF AMERICA SEC. CORP LLC1 year

Service code 15

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping

$16,384

WILSHIRE ASSOCIATES INCORPORATED1 year

Filed as: WILSHIRE ASSOCIATES INC.

Service code 27

1299 OCEAN AVENUE · SANTA MONICA, CA 90401

Advisory (Plan)

$1,743

COMMUNITY RESIDENCES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY RESIDENCES RETIREMENT 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