Retirement plan

403(B) THRIFT PLAN OF NORTHEAST MISSISSIPPI COMMUNITY SERVICES, INC.

Name: NORTHEAST MISSISSIPPI COMMUNITY SERVICES, INC. - 403(B) THRIFT PLAN OF NORTHEAST MISSISSIPPI COMMUNITY SERVICES, INC. (2020) Form 5500
Creator: NORTHEAST MISSISSIPPI COMMUNITY SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF NORTHEAST MISSISSIPPI COMMUNITY SERVICES, INC., NORTHEAST MISSISSIPPI COMMUNITY SERVICES, INC.

NORTHEAST MISSISSIPPI COMMUNITY SERVICES, INC.EIN 64-0617544Plan #003PY 2020

PO BOX 930 - BOONEVILLE, MS 388290930662-728-2118nemcc.eduLinkedIn201-500 employeeshigher education

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$221K

+9.1% from 2019

Total participants

+5.9% from 2019

Average account balance

$14,730

+1.8% from 2019

Annual return

2.25%

-3.77 pp from 2019

Benchmarks

See 36,192 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,192 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$305K

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

108.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$30K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+3.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1810

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 codes2F2G3D

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.
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

$3K

$180 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.143%

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

$14,730

$100,938-85.4%

$90,461-83.7%

$158,982-90.7%

Participation rate

78.6%

75.0%+3.5pp

72.7%+5.9pp

82.0%-3.4pp

Annual return

2.25%

1727.20%-1725.0pp

1294.76%-1292.5pp

302.99%-300.7pp

Employer contribution / active EE

$383

$3,691-89.6%

$3,264-88.3%

$4,763-92.0%

Participant deferral / active EE

$773

$4,350-82.2%

$3,964-80.5%

$5,983-87.1%

Admin fee / account holder

$168

$6,510-97.4%

$5,617-97.0%

$11,252-98.5%

403(B) THRIFT PLAN OF NORTHEAST MISSISSIPPI COMMUNITY SERVICES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF NORTHEAST MISSISSIPPI COMMUNITY SERVICES, 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