Retirement plan

COCOA BEACH REGIONAL CHAMBER OF COMMERCE 401(K) P

Name: COCOA BEACH REGIONAL CHAMBER OF COM - COCOA BEACH REGIONAL CHAMBER OF COMMERCE 401(K) P (2015) Form 5500
Creator: COCOA BEACH REGIONAL CHAMBER OF COM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COCOA BEACH REGIONAL CHAMBER OF COMMERCE 401(K) P, COCOA BEACH REGIONAL CHAMBER OF COM

COCOA BEACH REGIONAL CHAMBER OF COMEIN 59-0903980Plan #001PY 2015

400 FORTENBERRY ROAD - MERRITT ISLAND, FL 32952321-459-2200acceleratebrevard.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$148K

No prior year

Total participants

No prior year

Average account balance

$29,676

No prior year

Annual return

-1.98%

No prior year

Benchmarks

See 258 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort258 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$544K

Not enough data

1 years with asset history on file

Average account balance

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

$181K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2869

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 codes2E2G2J3D2T

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

$19K

$3877 / participant

Other / not subdivided$19K100.0%

% of EOY assets

13.066%

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

$29,676

$45,865-35.3%

$40,757-27.2%

$125,389-76.3%

Participation rate

100.0%

84.2%+15.8pp

79.3%+20.7pp

83.2%+16.8pp

Annual return

-1.98%

-1.32%-0.7pp

-0.50%-1.5pp

282.24%-284.2pp

Employer contribution / active EE

$3,697-100.0%

$3,004-100.0%

$4,866-100.0%

Participant deferral / active EE

$4,427

$4,199+5.4%

$3,485+27.0%

$5,352-17.3%

Admin fee / account holder

$3,877

$5,763-32.7%

$4,272-9.2%

$9,541-59.4%

COCOA BEACH REGIONAL CHAMBER OF COMMERCE 401(K) P

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COCOA BEACH REGIONAL CHAMBER OF COMMERCE 401(K) P

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