Retirement plan

EMPLOYEE BENEFIT PLAN OF CAPITAL AREA COMMUNITY ACTION AGENCY, INC.

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

CAPITAL AREA COMMUNITY ACTION AGENCY, INC.EIN 59-1117362Plan #001PY 2018

309 OFFICE PLZ - TALLAHASSEE, FL 323012729850-222-2043cacaainc.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$1.1M

-11.9% from 2017

Total participants

+3.4% from 2017

Average account balance

$11,556

-31.2% from 2017

Annual return

-4.45%

-14.64 pp from 2017

Benchmarks

See 18,165 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,165 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.62M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

84.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$144K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+17.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1687

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 codes2F2S2T3D

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).
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$213K

$3001 / participant

Other / not subdivided$213K100.0%

% of EOY assets

20.264%

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

$11,556

$75,959-84.8%

$154,114-92.5%

$64,181-82.0%

Participation rate

98.6%

70.4%+28.2pp

83.0%+15.6pp

69.6%+29.0pp

Annual return

-4.45%

30.32%-34.8pp

735.16%-739.6pp

7.63%-12.1pp

Employer contribution / active EE

$527

$3,350-84.3%

$5,298-90.1%

$2,381-77.9%

Participant deferral / active EE

$1,169

$3,175-63.2%

$5,081-77.0%

$3,470-66.3%

Admin fee / account holder

$2,342

$5,589-58.1%

$13,411-82.5%

$4,887-52.1%

EMPLOYEE BENEFIT PLAN OF CAPITAL AREA COMMUNITY ACTION AGENCY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF CAPITAL AREA COMMUNITY ACTION AGENCY, INC.

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