Retirement plan

EMPLOYEE BENEFIT PLAN OF FULTON-ATLANTA COMMUNITY ACTION AUTHORITY

Name: FULTON-ATLANTA COMMUNITY ACTIO - EMPLOYEE BENEFIT PLAN OF FULTON-ATLANTA COMMUNITY ACTION AUTHORITY (2024) Form 5500
Creator: FULTON-ATLANTA COMMUNITY ACTIO
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 ACTIO

FULTON-ATLANTA COMMUNITY ACTIOEIN 58-1926185Plan #002PY 2024

341 KELLY STREET, S.E. - ATLANTA, GA 30312404-320-0166

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$809K

+19.6% from 2023

Total participants

0.0% from 2023

Average account balance

$38,544

+25.3% from 2023

Annual return

22.78%

+18.70 pp from 2023

Benchmarks

See 109,389 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,389 peers

Snapshot2024

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 codes2G3D2J2E2T

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.
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

$12K

$842 / participant

Other / not subdivided$12K100.0%

% of EOY assets

1.457%

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

$38,544

$183,592-79.0%

$155,574-75.2%

$145,877-73.6%

Participation rate

78.6%

82.7%-4.1pp

78.2%+0.4pp

80.3%-1.7pp

Annual return

22.78%

61.37%-38.6pp

64.87%-42.1pp

551.28%-528.5pp

Employer contribution / active EE

$1,974

$5,317-62.9%

$4,676-57.8%

$4,663-57.7%

Participant deferral / active EE

$3,081

$6,466-52.3%

$5,629-45.3%

$6,691-53.9%

Admin fee / account holder

$561

$19,316-97.1%

$15,914-96.5%

$13,402-95.8%

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