Retirement plan

EMPLOYEE BENEFIT PLAN OF FULTON-ATLANTA COMMUNITY ACTION AUTHORITY

Name: FULTON-ATLANTA COMMUNITY ACTION AUTHORITY - EMPLOYEE BENEFIT PLAN OF FULTON-ATLANTA COMMUNITY ACTION AUTHORITY (2018) Form 5500
Creator: FULTON-ATLANTA COMMUNITY ACTION AUTHORITY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF FULTON-ATLANTA COMMUNITY ACTION AUTHORITY, FULTON-ATLANTA COMMUNITY ACTION AUTHORITY

FULTON-ATLANTA COMMUNITY ACTION AUTHORITYEIN 58-1926185Plan #002PY 2018

1690 CHANTILLY DR NE - ATLANTA, GA 303243293404-320-0166

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$494K

+12.6% from 2017

Total participants

-3.7% from 2017

Average account balance

$19,008

+17.0% from 2017

Annual return

4.91%

-4.83 pp from 2017

Benchmarks

See 334 peers

Peer group

IndustryUnknown

Plan typeDefined contribution

Participants<25

Cohort334 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$784K

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

135.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$60K

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

+5.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6862

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 codes2F2T3D

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).
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

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

$14K

$919 / participant

Other / not subdivided$14K100.0%

% of EOY assets

2.788%

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

$19,008

$56,628-66.4%

$135,380-86.0%

Participation rate

100.0%

67.9%+32.1pp

82.6%+17.4pp

Annual return

4.91%

2630.24%-2625.3pp

519.81%-514.9pp

Employer contribution / active EE

$1,581

$2,747-42.4%

$4,779-66.9%

Participant deferral / active EE

$1,581

$3,718-57.5%

$5,609-71.8%

Admin fee / account holder

$530

$1,588-66.6%

$10,828-95.1%

EMPLOYEE BENEFIT PLAN OF FULTON-ATLANTA COMMUNITY ACTION AUTHORITY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF FULTON-ATLANTA COMMUNITY ACTION AUTHORITY

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