Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF THE ARC OF ADAMS COUNTY, INC.

Name: THE ARC OF ADAMS COUNTY, INC. - 403(B) THRIFT PLAN FOR EMPLOYEES OF THE ARC OF ADAMS COUNTY, INC. (2022) Form 5500
Creator: THE ARC OF ADAMS COUNTY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF THE ARC OF ADAMS COUNTY, INC., THE ARC OF ADAMS COUNTY, INC.

THE ARC OF ADAMS COUNTY, INC.EIN 84-0679337Plan #001PY 2022

641 E 112TH AVE - NORTHGLENN, CO 802333013303-428-0310arcadams.orgLinkedIn1-10 employeesindividual & family services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$830K

-19.4% from 2021

Total participants

+27.3% from 2021

Average account balance

$75,461

-19.4% from 2021

Annual return

-18.51%

-35.53 pp from 2021

Benchmarks

See 39,290 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,290 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.36M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

154.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+21.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$110

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 codes2G2J2E2T

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.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$73K

$7259 / participant

Other / not subdivided$73K100.0%

% of EOY assets

8.745%

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

$75,461

$92,743-18.6%

$82,744-8.8%

$134,532-43.9%

Participation rate

70.0%

75.2%-5.2pp

72.6%-2.6pp

81.2%-11.2pp

Annual return

-18.51%

946.63%-965.1pp

702.22%-720.7pp

418.27%-436.8pp

Employer contribution / active EE

$1,489

$3,273-54.5%

$3,008-50.5%

$4,741-68.6%

Participant deferral / active EE

$4,806

$4,802+0.1%

$4,395+9.4%

$6,401-24.9%

Admin fee / account holder

$6,599

$5,977+10.4%

$5,325+23.9%

$11,429-42.3%

403(B) THRIFT PLAN FOR EMPLOYEES OF THE ARC OF ADAMS COUNTY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF THE ARC OF ADAMS COUNTY, 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