Retirement plan

TOTAL COMMUNITY ACTION, INC. EE'S RETIREMENT PLAN & TRUST

Name: TOTAL COMMUNITY ACTION, INC. - TOTAL COMMUNITY ACTION, INC. EE'S RETIREMENT PLAN & TRUST (2024) Form 5500
Creator: TOTAL COMMUNITY ACTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOTAL COMMUNITY ACTION, INC. EE'S RETIREMENT PLAN & TRUST, TOTAL COMMUNITY ACTION, INC.

TOTAL COMMUNITY ACTION, INC.EIN 72-0599165Plan #001PY 2024

1420 SOUTH JEFFERSON DAVIS PKW - NEW ORLEANS, LA 70125504-827-0334tca-nola.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow returnsHigh cashLow assets / participant

How to read this page

Total assets (EOY)

$8.2M

+2.7% from 2023

Total participants

544

+13.8% from 2023

Average account balance

$15,165

-14.8% from 2023

Annual return

7.00%

-1.23 pp from 2023

Benchmarks

See 4,124 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,124 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.19M

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

540

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$246K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$890

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

+7.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$80

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 1 by compensation

Provider	Service type	Compensation
AT RETIREMENT SERVICES, LLC3 years Service code 12 · EIN 83-3455979	Direct payment from the plan; Partici...	$43,063

Plan features & details

Pension benefit codes2A2E2F2G2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$43K

$156 / participant

Other / not subdivided$43K100.0%

% of EOY assets

0.526%

all-in expense ratio

Categories reported

0 / 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: CASCIO & SCHMIDT, LLC
Auditor EIN: 260100771
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,165

$50,860-70.2%

$155,574-90.3%

$77,714-80.5%

Participation rate

98.6%

63.1%+35.4pp

78.2%+20.3pp

70.6%+28.0pp

Annual return

7.00%

34.86%-27.9pp

64.87%-57.9pp

31.26%-24.3pp

Employer contribution / active EE

$890

$1,991-55.3%

$4,676-81.0%

$2,727-67.4%

Participant deferral / active EE

$2,825-100.0%

$5,629-100.0%

$4,649-100.0%

Admin fee / account holder

$80

$436-81.7%

$15,914-99.5%

$433-81.6%

Provider

Service type

Compensation

AT RETIREMENT SERVICES, LLC3 years

Service code 12 · EIN 83-3455979

Direct payment from the plan; Partici...

$43,063

TOTAL COMMUNITY ACTION, INC. EE'S RETIREMENT PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOTAL COMMUNITY ACTION, INC. EE'S RETIREMENT PLAN & TRUST

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