Retirement plan

GEORGIA CENTER FOR OPPORTUNITY INC. 401(K) PLAN

Name: GEORGIA CENTER FOR OPPORTUNITY INC. - GEORGIA CENTER FOR OPPORTUNITY INC. 401(K) PLAN (2020) Form 5500
Creator: GEORGIA CENTER FOR OPPORTUNITY INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GEORGIA CENTER FOR OPPORTUNITY INC. 401(K) PLAN, GEORGIA CENTER FOR OPPORTUNITY INC.

GEORGIA CENTER FOR OPPORTUNITY INC.EIN 58-1928520Plan #001PY 2020

333 RESEARCH COURT, SUITE 210 - PEACHTREE CORNERS, GA 30092770-242-0001foropportunity.orgLinkedIn11-50 employeesthink tanks

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$234K

+71.0% from 2019

Total participants

+9.1% from 2019

Average account balance

$25,949

+52.0% from 2019

Annual return

22.59%

-20.11 pp from 2019

Benchmarks

See 36,205 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,205 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.05M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

78.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$149K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+20.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2990

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 codes2E2F2J2T3D

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).
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$25,949

$100,911-74.3%

$90,440-71.3%

$158,966-83.7%

Participation rate

72.7%

75.0%-2.3pp

72.7%0pp

82.0%-9.2pp

Annual return

22.59%

1726.62%-1704.0pp

1294.38%-1271.8pp

302.95%-280.4pp

Employer contribution / active EE

$2,354

$3,690-36.2%

$3,263-27.8%

$4,762-50.6%

Participant deferral / active EE

$3,654

$4,348-16.0%

$3,964-7.8%

$5,983-38.9%

Admin fee / account holder

$6,507-100.0%

$5,615-100.0%

$11,250-100.0%

GEORGIA CENTER FOR OPPORTUNITY INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

GEORGIA CENTER FOR OPPORTUNITY INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion