Retirement plan

CENTRAL CAROLINA ECONOMIC DEVELOPMENT ALLIANCE 401K PLAN

Name: CENTRAL CAROLINA ECONOMIC DEVELOPMENT ALLIANCE - CENTRAL CAROLINA ECONOMIC DEVELOPMENT ALLIANCE 401K PLAN (2017) Form 5500
Creator: CENTRAL CAROLINA ECONOMIC DEVELOPMENT ALLIANCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL CAROLINA ECONOMIC DEVELOPMENT ALLIANCE 401K PLAN, CENTRAL CAROLINA ECONOMIC DEVELOPMENT ALLIANCE

CENTRAL CAROLINA ECONOMIC DEVELOPMENT ALLIANCEEIN 57-1003750Plan #001PY 2017

1201 MAIN ST STE 100 - COLUMBIA, SC 292013225803-733-1131

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+25.2% from 2016

Total participants

0.0% from 2016

Average account balance

$142,886

+25.2% from 2016

Annual return

18.30%

+10.07 pp from 2016

Benchmarks

See 32,058 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,058 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.72M

Not enough data

1 years with asset history on file

Average account balance

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

$246K

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.

175.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$42K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+13.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$130628

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$37K

$3088 / participant

Other / not subdivided$37K100.0%

% of EOY assets

1.995%

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

$142,886

$99,011+44.3%

$86,582+65.0%

$147,586-3.2%

Participation rate

83.3%

76.3%+7.0pp

73.5%+9.8pp

82.8%+0.5pp

Annual return

18.30%

1312.75%-1294.4pp

965.08%-946.8pp

578.59%-560.3pp

Employer contribution / active EE

$5,198

$3,132+65.9%

$2,839+83.0%

$4,876+6.6%

Participant deferral / active EE

$3,389

$3,972-14.7%

$3,609-6.1%

$5,439-37.7%

Admin fee / account holder

$2,850

$5,709-50.1%

$4,904-41.9%

$10,886-73.8%

CENTRAL CAROLINA ECONOMIC DEVELOPMENT ALLIANCE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL CAROLINA ECONOMIC DEVELOPMENT ALLIANCE 401K 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