Retirement plan

EMPLOYEE BENEFIT PLAN HABITAT FOR HUMANITY CENTRAL ARIZONA

Name: HABITAT FOR HUMANITY CENTRAL ARIZONA - EMPLOYEE BENEFIT PLAN HABITAT FOR HUMANITY CENTRAL ARIZONA (2020) Form 5500
Creator: HABITAT FOR HUMANITY CENTRAL ARIZONA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN HABITAT FOR HUMANITY CENTRAL ARIZONA, HABITAT FOR HUMANITY CENTRAL ARIZONA

HABITAT FOR HUMANITY CENTRAL ARIZONAEIN 74-2401708Plan #001PY 2020

2830 WEST GLENDALE AVE., SUITE 33 - PHOENIX, AZ 85051602-583-2417LinkedIn11-50 employeesnon-profit organization management

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$3.8M

+21.5% from 2019

Total participants

144

+11.6% from 2019

Average account balance

$26,869

+9.6% from 2019

Annual return

12.52%

-6.82 pp from 2019

Benchmarks

See 16,249 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,249 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.10M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

208

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.

87.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$551K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$338

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 3 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION1 year Service code 13 · EIN 35-1140070	Contract Administrator	$25,671
STADION MONEY MANAGEMENT1 year Service code 26 · EIN 58-2099805	Advisory (Participants)	$10,560
SUNWEST PENSIONS1 year Service code 15 · EIN 86-0922116	Recordkeeping	$1,400

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$38K

$409 / participant

Investment mgmt$38K100.0%

% of EOY assets

0.979%

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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,869

$72,273-62.8%

$101,275-73.5%

$79,856-66.4%

Participation rate

98.9%

68.5%+30.5pp

75.8%+23.1pp

69.6%+29.3pp

Annual return

12.52%

22.30%-9.8pp

46.48%-34.0pp

31.71%-19.2pp

Employer contribution / active EE

$1,550

$2,691-42.4%

$3,660-57.6%

$2,471-37.3%

Participant deferral / active EE

$2,893

$3,282-11.8%

$4,371-33.8%

$3,741-22.7%

Admin fee / account holder

$263

$4,401-94.0%

$5,948-95.6%

$5,306-95.0%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION1 year

Service code 13 · EIN 35-1140070

Contract Administrator

$25,671

STADION MONEY MANAGEMENT1 year

Service code 26 · EIN 58-2099805

Advisory (Participants)

$10,560

SUNWEST PENSIONS1 year

Service code 15 · EIN 86-0922116

Recordkeeping

$1,400

EMPLOYEE BENEFIT PLAN HABITAT FOR HUMANITY CENTRAL ARIZONA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN HABITAT FOR HUMANITY CENTRAL ARIZONA

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