Retirement plan

EMPLOYEE BENEFIT PLAN OF NORTH GEORGIA COMMUNITY ACTION, INC

Name: NORTH GEORGIA COMMUNITY ACTION, INC - EMPLOYEE BENEFIT PLAN OF NORTH GEORGIA COMMUNITY ACTION, INC (2017) Form 5500
Creator: NORTH GEORGIA COMMUNITY ACTION, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF NORTH GEORGIA COMMUNITY ACTION, INC, NORTH GEORGIA COMMUNITY ACTION, INC

NORTH GEORGIA COMMUNITY ACTION, INCEIN 58-1204839Plan #001PY 2017

PO BOX 760 - JASPER, GA 301430760706-692-5644ngcf.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsLow returnsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$914K

+13.8% from 2016

Total participants

-7.3% from 2016

Average account balance

$24,060

+22.8% from 2016

Annual return

7.48%

+6.91 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.84M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

120.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$143K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$781

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 codes2F2T3D2E

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).
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$16K

$579 / participant

Other / not subdivided$16K100.0%

% of EOY assets

1.709%

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

$24,060

$84,236-71.4%

$170,439-85.9%

$70,124-65.7%

Participation rate

100.0%

70.8%+29.2pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

7.48%

23.06%-15.6pp

205.94%-198.5pp

73.14%-65.7pp

Employer contribution / active EE

$311

$3,387-90.8%

$5,433-94.3%

$2,342-86.7%

Participant deferral / active EE

$2,131

$3,086-30.9%

$4,939-56.9%

$3,332-36.0%

Admin fee / account holder

$411

$5,698-92.8%

$13,881-97.0%

$4,645-91.2%

EMPLOYEE BENEFIT PLAN OF NORTH GEORGIA COMMUNITY ACTION, INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF NORTH GEORGIA COMMUNITY ACTION, 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