Retirement plan

THE AGING TRUE SENIOR SERVICES RETIREMENT PLAN

Name: COMMUNITY SENIOR SERVICES, INC. - THE AGING TRUE SENIOR SERVICES RETIREMENT PLAN (2024) Form 5500
Creator: COMMUNITY SENIOR SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE AGING TRUE SENIOR SERVICES RETIREMENT PLAN, COMMUNITY SENIOR SERVICES, INC.

COMMUNITY SENIOR SERVICES, INC.EIN 59-6161532Plan #001PY 2024

4250 LAKESIDE DRIVE, SUITE 300 - JACKSONVILLE, FL 32210904-807-1300

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$3.6M

+17.5% from 2023

Total participants

120

+6.2% from 2023

Average account balance

$31,105

+13.4% from 2023

Annual return

8.64%

+0.20 pp from 2023

Benchmarks

See 10,646 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,646 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.61M

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

116

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.

93.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$357K

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

+8.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$215

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$10,401
AB FUNDS4 years Filed as: ALLIANCE BERNSTEIN LP Service code 27 501 COMMERCE ST · NASHVILLE, TN 37302	Advisory (Plan)	$9,229
BATES & COMPANY, INC.4 years Service code 13 1201 S ORLANDO AVE., STE 202 · WINTER PARK, FL 32789	Contract Administrator	$8,884

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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).
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$25K

$423 / participant

Recordkeeping$25K100.0%

% of EOY assets

0.692%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WATKINS, WARD AND STAFFORD, PLLC
Auditor EIN: 640394922
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,105

$58,311-46.7%

$81,882-62.0%

$80,959-61.6%

Participation rate

93.2%

63.5%+29.7pp

72.4%+20.8pp

67.7%+25.6pp

Annual return

8.64%

41.85%-33.2pp

779.47%-770.8pp

35.67%-27.0pp

Employer contribution / active EE

$4,816

$2,347+105.2%

$2,916+65.2%

$2,757+74.7%

Participant deferral / active EE

$1,240

$3,287-62.3%

$4,323-71.3%

$4,300-71.2%

Admin fee / account holder

$215

$4,752-95.5%

$7,360-97.1%

$6,925-96.9%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$10,401

AB FUNDS4 years

Filed as: ALLIANCE BERNSTEIN LP

Service code 27

501 COMMERCE ST · NASHVILLE, TN 37302

Advisory (Plan)

$9,229

BATES & COMPANY, INC.4 years

Service code 13

1201 S ORLANDO AVE., STE 202 · WINTER PARK, FL 32789

Contract Administrator

$8,884

THE AGING TRUE SENIOR SERVICES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE AGING TRUE SENIOR SERVICES RETIREMENT PLAN

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