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 (2017) 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 2017

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

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$224K

+27.7% from 2016

Total participants

+40.0% from 2016

Average account balance

$32,058

-8.8% from 2016

Annual return

18.85%

+10.05 pp from 2016

Benchmarks

See 320 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort320 peers

Snapshot2017

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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$50

$13 / participant

Other / not subdivided$50100.0%

% of EOY assets

0.022%

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

$32,058

$65,696-51.2%

$56,429-43.2%

$147,586-78.3%

Participation rate

100.0%

85.5%+14.5pp

80.0%+20.0pp

82.8%+17.2pp

Annual return

18.85%

13.32%+5.5pp

19.04%-0.2pp

578.59%-559.7pp

Employer contribution / active EE

$4,121-100.0%

$3,405-100.0%

$4,876-100.0%

Participant deferral / active EE

$3,904

$4,876-19.9%

$3,951-1.2%

$5,439-28.2%

Admin fee / account holder

$5,947-99.9%

$4,466-99.8%

$10,886-99.9%

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