Retirement plan

PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTY 401(K) PLAN

Name: PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTY - PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTY 401(K) PLAN (2017) Form 5500
Creator: PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTY 401(K) PLAN, PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTY

PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTYEIN 56-1845926Plan #001PY 2017

351 WAGONER DR STE 200 - FAYETTEVILLE, NC 283034672910-867-9700ccpfc.orgLinkedIn11-50 employeesindividual & family services

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$1.6M

+0.6% from 2016

Total participants

0.0% from 2016

Average account balance

$43,552

+0.6% from 2016

Annual return

10.76%

+5.11 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.71M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$166K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2343

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 codes2E2F2G2J2T3D

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.
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

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

$301K

$7716 / participant

Other / not subdivided$301K100.0%

% of EOY assets

19.193%

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

$43,552

$53,128-18.0%

$86,582-49.7%

$70,126-37.9%

Participation rate

82.1%

65.3%+16.7pp

73.5%+8.5pp

69.5%+12.5pp

Annual return

10.76%

27.66%-16.9pp

965.08%-954.3pp

73.15%-62.4pp

Employer contribution / active EE

$1,266

$2,068-38.8%

$2,839-55.4%

$2,343-46.0%

Participant deferral / active EE

$2,364

$2,695-12.3%

$3,609-34.5%

$3,332-29.1%

Admin fee / account holder

$8,359

$3,584+133.2%

$4,904+70.4%

$4,645+79.9%

PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARTNERSHIP FOR CHILDREN OF CUMBERLAND COUNTY 401(K) 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