Retirement plan

EMPLOYEE BENEFIT PLAN OF ADVOCACY RESOURCE CENTER, INC. - MACON

Name: THE ARC MACON, INC. - EMPLOYEE BENEFIT PLAN OF ADVOCACY RESOURCE CENTER, INC. - MACON (2020) Form 5500
Creator: THE ARC MACON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF ADVOCACY RESOURCE CENTER, INC. - MACON, THE ARC MACON, INC.

THE ARC MACON, INC.EIN 58-0836285Plan #001PY 2020

4664 SHERATON DR - MACON, GA 312101322thearcmacon.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow returnsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$223K

+16.4% from 2019

Total participants

+225.0% from 2019

Average account balance

$6,561

-58.9% from 2019

Annual return

6.29%

+2.24 pp from 2019

Benchmarks

See 8,767 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,767 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$859K

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

54.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$175K

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

+12.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1557

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 codes2F2G2T3D

Plan features

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.
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

3 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.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$48K

$1493 / participant

Other / not subdivided$48K100.0%

% of EOY assets

21.424%

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

$6,561

$60,139-89.1%

$90,461-92.7%

$79,856-91.8%

Participation rate

84.4%

65.0%+19.4pp

72.7%+11.7pp

69.6%+14.7pp

Annual return

6.29%

71.96%-65.7pp

1294.76%-1288.5pp

31.71%-25.4pp

Employer contribution / active EE

$561

$2,069-72.9%

$3,264-82.8%

$2,471-77.3%

Participant deferral / active EE

$1,461

$2,939-50.3%

$3,964-63.1%

$3,741-60.9%

Admin fee / account holder

$1,406

$3,978-64.7%

$5,617-75.0%

$5,306-73.5%

EMPLOYEE BENEFIT PLAN OF ADVOCACY RESOURCE CENTER, INC. - MACON

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF ADVOCACY RESOURCE CENTER, INC. - MACON

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