Retirement plan

403(B) THRIFT PLAN OF CENTRAL FLORIDA COMMUNITY ACTION AGENCY, INC.

Name: CENTRAL FLORIDA COMMUNITY ACTION AGENCY, INC. - 403(B) THRIFT PLAN OF CENTRAL FLORIDA COMMUNITY ACTION AGENCY, INC. (2021) Form 5500
Creator: CENTRAL FLORIDA COMMUNITY ACTION AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF CENTRAL FLORIDA COMMUNITY ACTION AGENCY, INC., CENTRAL FLORIDA COMMUNITY ACTION AGENCY, INC.

CENTRAL FLORIDA COMMUNITY ACTION AGENCY, INC.EIN 59-2113799Plan #002PY 2021

411 N MAIN ST # 210 - GAINESVILLE, FL 326015696352-373-7667cfcarts.comLinkedIn51-200 employeesperforming arts

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$533K

+36.8% from 2020

Total participants

+3.6% from 2020

Average account balance

$19,040

+36.8% from 2020

Annual return

22.77%

+6.46 pp from 2020

Benchmarks

See 103,173 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,173 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$562K

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

185.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1714

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 codes2F2G2S2T

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).
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.
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.

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

$42K

$1841 / participant

Other / not subdivided$42K100.0%

% of EOY assets

7.942%

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

$19,040

$217,432-91.2%

$185,851-89.8%

$167,553-88.6%

Participation rate

95.7%

86.1%+9.6pp

81.7%+13.9pp

82.1%+13.5pp

Annual return

22.77%

148.43%-125.7pp

122.11%-99.3pp

478.89%-456.1pp

Employer contribution / active EE

$1,892

$5,874-67.8%

$5,168-63.4%

$4,840-60.9%

Participant deferral / active EE

$2,330

$6,357-63.4%

$5,569-58.2%

$6,343-63.3%

Admin fee / account holder

$1,512

$19,820-92.4%

$16,245-90.7%

$12,316-87.7%

403(B) THRIFT PLAN OF CENTRAL FLORIDA COMMUNITY ACTION AGENCY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF CENTRAL FLORIDA 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