Retirement plan

MONTGOMERY COMMUNITY ACTION AGENCY RETIREMENT PLAN

Name: MONTGOMERY COMMUNITY ACTION COMMITTEE, INC. - MONTGOMERY COMMUNITY ACTION AGENCY RETIREMENT PLAN (2015) Form 5500
Creator: MONTGOMERY COMMUNITY ACTION COMMITTEE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MONTGOMERY COMMUNITY ACTION AGENCY RETIREMENT PLAN, MONTGOMERY COMMUNITY ACTION COMMITTEE, INC.

MONTGOMERY COMMUNITY ACTION COMMITTEE, INC.EIN 63-6054097Plan #001PY 2015

1066 ADAMS AVENUE - MONTGOMERY, AL 36104334-263-3474

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$5.3M

No prior year

Total participants

381

No prior year

Average account balance

$17,337

No prior year

Annual return

6.79%

No prior year

Benchmarks

See 690 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort690 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.19M

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

231

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.

63.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$197K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$967

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

+3.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$105

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 2 by compensation

Provider	Service type	Compensation
VOYA RETIREMENT INSURANCE & ANNUITY1+ years Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 PO BOX 990067 · HARTFORD, CT 061990067	Advisory (Participants)	$1,348
MORNINGSTAR1+ years Service code 26 · EIN 36-3297908	Advisory (Participants)	$2

Plan features & details

Pension benefit codes2E2F2G2J

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.

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$45K

$142 / participant

Contract admin$45K100.0%

% of EOY assets

0.838%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,337

$38,925-55.5%

$73,836-76.5%

$55,191-68.6%

Participation rate

76.4%

66.0%+10.3pp

73.4%+2.9pp

69.2%+7.2pp

Annual return

6.79%

6.31%+0.5pp

2268.06%-2261.3pp

10.78%-4.0pp

Employer contribution / active EE

$435

$1,695-74.3%

$2,787-84.4%

$1,899-77.1%

Participant deferral / active EE

$246

$2,351-89.5%

$3,583-93.1%

$3,046-91.9%

Admin fee / account holder

$145

$83+75.3%

$4,882-97.0%

$91+60.0%

Provider

Service type

Compensation

VOYA RETIREMENT INSURANCE & ANNUITY1+ years

Filed as: VOYA RETIREMENT INSURANCE AND ANNUI

Service code 26 · EIN 71-0294708

PO BOX 990067 · HARTFORD, CT 061990067

Advisory (Participants)

$1,348

MORNINGSTAR1+ years

Service code 26 · EIN 36-3297908

Advisory (Participants)

MONTGOMERY COMMUNITY ACTION AGENCY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MONTGOMERY COMMUNITY ACTION AGENCY 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