Retirement plan

EMPLOYEE BENEFIT PLAN OF TALLATOONA COMMUNITY ACTION PARTNERSHIP INC.

Name: TALLATOONA COMMUNITY ACTION PARTNERSHIP INC. - EMPLOYEE BENEFIT PLAN OF TALLATOONA COMMUNITY ACTION PARTNERSHIP INC. (2020) Form 5500
Creator: TALLATOONA COMMUNITY ACTION PARTNERSHIP INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF TALLATOONA COMMUNITY ACTION PARTNERSHIP INC., TALLATOONA COMMUNITY ACTION PARTNERSHIP INC.

TALLATOONA COMMUNITY ACTION PARTNERSHIP INC.EIN 58-1020714Plan #001PY 2020

PO BOX 1480 - CARTERSVILLE, GA 301201480678-721-9391

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$2.4M

+13.2% from 2017

Total participants

169

+10.5% from 2017

Average account balance

$16,353

+5.6% from 2017

Annual return

4.06%

-6.34 pp from 2017

Benchmarks

See 5,415 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,415 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.32M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

144

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.

59.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$289K

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

+10.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP1 year Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping and information managem...	$2,119

Plan features & details

Pension benefit codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$22K

$141 / participant

Other / not subdivided$22K100.0%

% of EOY assets

0.892%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,353

$58,888-72.2%

$178,498-90.8%

$73,493-77.7%

Participation rate

87.0%

66.2%+20.8pp

81.9%+5.1pp

70.7%+16.3pp

Annual return

4.06%

24.86%-20.8pp

151.09%-147.0pp

28.51%-24.5pp

Employer contribution / active EE

$672

$2,236-70.0%

$5,011-86.6%

$2,270-70.4%

Participant deferral / active EE

$806

$2,568-68.6%

$5,202-84.5%

$3,740-78.4%

Admin fee / account holder

$146

$400-63.6%

$13,985-99.0%

$513-71.6%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP1 year

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping and information managem...

$2,119

EMPLOYEE BENEFIT PLAN OF TALLATOONA COMMUNITY ACTION PARTNERSHIP INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF TALLATOONA COMMUNITY ACTION PARTNERSHIP 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