Retirement plan

EMPLOYEE BENEFIT PLAN OF SHENANDOAH AREA AGENCY ON AGING, INC.

Name: SHENANDOAH AREA AGENCY ON AGING, IN C. - EMPLOYEE BENEFIT PLAN OF SHENANDOAH AREA AGENCY ON AGING, INC. (2016) Form 5500
Creator: SHENANDOAH AREA AGENCY ON AGING, IN C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SHENANDOAH AREA AGENCY ON AGING, INC., SHENANDOAH AREA AGENCY ON AGING, IN C.

SHENANDOAH AREA AGENCY ON AGING, IN C.EIN 54-1008875Plan #001PY 2016

207 MOSBY LN - FRONT ROYAL, VA 22630540-635-7141

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$841K

-5.1% from 2015

Total participants

-2.3% from 2015

Average account balance

$21,017

+2.1% from 2015

Annual return

3.14%

-1.73 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.14M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$116K

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

+13.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3758

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 codes2E2F2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$145K

$4995 / participant

Other / not subdivided$145K100.0%

% of EOY assets

17.229%

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

$21,017

$77,638-72.9%

$156,551-86.6%

$62,881-66.6%

Participation rate

93.1%

71.2%+21.9pp

84.0%+9.1pp

69.3%+23.8pp

Annual return

3.14%

50.33%-47.2pp

32.23%-29.1pp

20.14%-17.0pp

Employer contribution / active EE

$1,761

$3,444-48.9%

$5,501-68.0%

$2,281-22.8%

Participant deferral / active EE

$705

$3,046-76.9%

$4,871-85.5%

$3,203-78.0%

Admin fee / account holder

$3,621

$5,561-34.9%

$13,028-72.2%

$4,296-15.7%

EMPLOYEE BENEFIT PLAN OF SHENANDOAH AREA AGENCY ON AGING, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SHENANDOAH AREA AGENCY ON AGING, 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