Retirement plan

403(B) THRIFT PLAN OF RUFTY-HOLMES SENIOR CENTER, INC.

Name: RUFTY-HOLMES SENIOR CENTER, INC. - 403(B) THRIFT PLAN OF RUFTY-HOLMES SENIOR CENTER, INC. (2016) Form 5500
Creator: RUFTY-HOLMES SENIOR CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF RUFTY-HOLMES SENIOR CENTER, INC., RUFTY-HOLMES SENIOR CENTER, INC.

RUFTY-HOLMES SENIOR CENTER, INC.EIN 56-1520956Plan #001PY 2016

1120 S MARTIN LUTHER KING JR AVE - SALISBURY, NC 28144704-216-7714ruftyholmes.orgLinkedIn11-50 employeeshealth, wellness and fitness

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$568K

+103.3% from 2015

Total participants

+28.6% from 2015

Average account balance

$63,115

+58.1% from 2015

Annual return

87.47%

+88.53 pp from 2015

Benchmarks

See 227 peers

Peer group

IndustryUnknown

Plan typeDefined contribution

Participants<25

Cohort227 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$111K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

266.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8K

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

+10.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12313

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 codes2L2T

Plan features

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

1 tripped

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

$24

$3 / participant

Other / not subdivided$24100.0%

% of EOY assets

0.004%

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

$63,115

$79,025-20.1%

$273,972-77.0%

Participation rate

100.0%

74.3%+25.7pp

83.0%+17.0pp

Annual return

87.47%

18.58%+68.9pp

41.46%+46.0pp

Employer contribution / active EE

$674

$4,094-83.5%

$4,869-86.2%

Participant deferral / active EE

$4,234

$3,420+23.8%

$5,287-19.9%

Admin fee / account holder

$13,337-100.0%

$10,133-100.0%

403(B) THRIFT PLAN OF RUFTY-HOLMES SENIOR CENTER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF RUFTY-HOLMES SENIOR CENTER, 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