Retirement plan

THE HOUSING AUTHORITY OF THE CITY OF SAMSON ALABAMA PROFIT SHARING PLAN

Name: THE HOUSING AUTH OF SAMSON - THE HOUSING AUTHORITY OF THE CITY OF SAMSON ALABAMA PROFIT SHARING PLAN (2023) Form 5500
Creator: THE HOUSING AUTH OF SAMSON
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HOUSING AUTHORITY OF THE CITY OF SAMSON ALABAMA PROFIT SHARING PLAN, THE HOUSING AUTH OF SAMSON

THE HOUSING AUTH OF SAMSONEIN 63-6004897Plan #001PY 2023

PO BOX 307 - SAMSON, AL 364770307334-898-7152

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$479K

+12.9% from 2022

Total participants

0.0% from 2022

Average account balance

$79,879

+12.9% from 2022

Annual return

4.62%

+11.39 pp from 2022

Benchmarks

See 445 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort445 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$302K

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$36K

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

+2.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$50561

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 codes2E2F2G2T3D

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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$575

$96 / participant

Other / not subdivided$575100.0%

% of EOY assets

0.120%

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

$79,879

$77,707+2.8%

$70,161+13.9%

$139,456-42.7%

Participation rate

100.0%

83.1%+16.9pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

4.62%

19.30%-14.7pp

19.08%-14.5pp

373.45%-368.8pp

Employer contribution / active EE

$5,892

$4,986+18.2%

$4,285+37.5%

$4,753+24.0%

Participant deferral / active EE

$6,443-100.0%

$5,394-100.0%

$6,711-100.0%

Admin fee / account holder

$96

$5,397-98.2%

$4,581-97.9%

$11,407-99.2%

THE HOUSING AUTHORITY OF THE CITY OF SAMSON ALABAMA PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HOUSING AUTHORITY OF THE CITY OF SAMSON ALABAMA PROFIT SHARING 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