Retirement plan

EMPLOYEE BENEFIT PLAN OF SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT INC

Name: SOUTHEAST RURAL COMMUNITY ASSISTANC E PROJECT INC - EMPLOYEE BENEFIT PLAN OF SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT INC (2017) Form 5500
Creator: SOUTHEAST RURAL COMMUNITY ASSISTANC E PROJECT INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT INC, SOUTHEAST RURAL COMMUNITY ASSISTANC E PROJECT INC

SOUTHEAST RURAL COMMUNITY ASSISTANC E PROJECT INCEIN 54-1055050Plan #001PY 2017

347 CAMPBELL AVE SW - ROANOKE, VA 240163624540-345-1184

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.4M

+8.8% from 2016

Total participants

+2.3% from 2016

Average account balance

$32,526

+8.8% from 2016

Annual return

10.23%

+4.67 pp from 2016

Benchmarks

See 7,913 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,913 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.16M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

129.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$463K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1888

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 codes2F2T2E2J

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).
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.

Opportunity flags

2 tripped

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

$151K

$5201 / participant

Other / not subdivided$151K100.0%

% of EOY assets

10.784%

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

$32,526

$53,127-38.8%

$86,587-62.4%

$70,131-53.6%

Participation rate

96.6%

65.3%+31.2pp

73.5%+23.0pp

69.5%+27.0pp

Annual return

10.23%

27.66%-17.4pp

964.86%-954.6pp

73.14%-62.9pp

Employer contribution / active EE

$3,650

$2,068+76.5%

$2,839+28.6%

$2,342+55.8%

Participant deferral / active EE

$910

$2,696-66.2%

$3,609-74.8%

$3,332-72.7%

Admin fee / account holder

$3,508

$3,585-2.2%

$4,906-28.5%

$4,645-24.5%

EMPLOYEE BENEFIT PLAN OF SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SOUTHEAST RURAL COMMUNITY ASSISTANCE PROJECT 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