Retirement plan

403(B) THRIFT PLAN OF CHEROKEE AREA COUNCIL, INC., OF THE BOY SCOUTS OF

Name: CHEROKEE AREA COUNCIL, INC., OF THE BOY SCOUTS OF AMERICA - 403(B) THRIFT PLAN OF CHEROKEE AREA COUNCIL, INC., OF THE BOY SCOUTS OF (2015) Form 5500
Creator: CHEROKEE AREA COUNCIL, INC., OF THE BOY SCOUTS OF AMERICA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF CHEROKEE AREA COUNCIL, INC., OF THE BOY SCOUTS OF, CHEROKEE AREA COUNCIL, INC., OF THE BOY SCOUTS OF AMERICA

CHEROKEE AREA COUNCIL, INC., OF THE BOY SCOUTS OF AMERICAEIN 62-0475671Plan #002PY 2015

6031 LEE HWY - CHATTANOOGA, TN 37421423-892-8323

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$574K

No prior year

Total participants

No prior year

Average account balance

$35,859

No prior year

Annual return

-1.39%

No prior year

Benchmarks

See 26,345 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort26,345 peers

Snapshot2015

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$345K

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.

142.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16

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

See the 10-year trajectory. $4.99 for your first month.

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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 codes2L

Plan features

2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$32K

$2268 / participant

Other / not subdivided$32K100.0%

% of EOY assets

5.534%

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: -

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,859

$84,695-57.7%

$73,843-51.4%

$125,391-71.4%

Participation rate

100.0%

76.8%+23.2pp

73.4%+26.6pp

83.2%+16.8pp

Annual return

-1.39%

3123.53%-3124.9pp

2267.84%-2269.2pp

282.22%-283.6pp

Employer contribution / active EE

$1,005

$3,123-67.8%

$2,787-64.0%

$4,866-79.3%

Participant deferral / active EE

$3,344

$3,992-16.3%

$3,583-6.7%

$5,352-37.5%

Admin fee / account holder

$1,984

$5,691-65.1%

$4,880-59.3%

$9,540-79.2%

403(B) THRIFT PLAN OF CHEROKEE AREA COUNCIL, INC., OF THE BOY SCOUTS OF

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF CHEROKEE AREA COUNCIL, INC., OF THE BOY SCOUTS OF

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