Retirement plan

SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN

Name: SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. - SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN (2023) Form 5500
Creator: SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN, SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC.

SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC.EIN 75-1230219Plan #002PY 2023

411 AUSTIN P.O. BOX 610 - LEVELLAND, TX 79336806-894-6104spcaa.orgLinkedIn501-1000 employeesnon-profit organization management

Prospect flagsLow returnsLow participation

Top hat statement on fileNQDC

Filed October 1, 2025

Plan administrator

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411 Austin Street

Levelland, TX 79336

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Plans declared (1)

South Plains Community Action Association 457(b) Plan2 emp

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Total assets (EOY)

$11M

-1.6% from 2022

Total participants

870

+14.3% from 2022

Average account balance

$18,189

-5.3% from 2022

Annual return

-4.07%

-5.86 pp from 2022

Benchmarks

See 4,038 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,038 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.22M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

374

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.

51.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.37M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+5.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$203

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS5 years Service code 15 · EIN 13-3689044	Recordkeeping	$35,303
CETERA ADVISOR NETWORKS LLC5 years Filed as: CETERA ADVISORS, LLC Service code 22 · EIN 84-0858799	Insurance Broker	$4,758
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$1,220

Plan features & details

Pension benefit codes2E2G2J2K3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$34K

$56 / participant

Investment mgmt$5K14.0%
Contract admin$29K86.0%

% of EOY assets

0.308%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ROBINSON BURDETTE MARTIN & SERIGHT
Auditor EIN: 752489868
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,189

$47,163-61.4%

$149,696-87.8%

$74,460-75.6%

Participation rate

56.4%

63.4%-7.0pp

78.8%-22.3pp

70.7%-14.3pp

Annual return

-4.07%

22.75%-26.8pp

134.46%-138.5pp

34.38%-38.4pp

Employer contribution / active EE

$1,138

$1,907-40.3%

$4,821-76.4%

$2,638-56.9%

Participant deferral / active EE

$1,314

$2,730-51.9%

$5,682-76.9%

$4,530-71.0%

Admin fee / account holder

$56

$343-83.7%

$13,212-99.6%

$348-83.9%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS5 years

Service code 15 · EIN 13-3689044

Recordkeeping

$35,303

CETERA ADVISOR NETWORKS LLC5 years

Filed as: CETERA ADVISORS, LLC

Service code 22 · EIN 84-0858799

Insurance Broker

$4,758

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$1,220

SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTH PLAINS COMMUNITY ACTION ASSOCIATION, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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