Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF OLYMPIC COMMUNITY ACTION PROGRAMS

Name: OLYMPIC COMMUNITY ACTION PROGRAMS - 403(B) THRIFT PLAN FOR EMPLOYEES OF OLYMPIC COMMUNITY ACTION PROGRAMS (2024) Form 5500
Creator: OLYMPIC COMMUNITY ACTION PROGRAMS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF OLYMPIC COMMUNITY ACTION PROGRAMS, OLYMPIC COMMUNITY ACTION PROGRAMS

OLYMPIC COMMUNITY ACTION PROGRAMSEIN 91-0814319Plan #003PY 2024

2500 W SIMS WAY, SUITE 201 - PORT TOWNSEND, WA 983682904360-385-2571olycap.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$2.3M

+18.7% from 2023

Total participants

162

-8.0% from 2023

Average account balance

$18,643

+25.4% from 2023

Annual return

15.75%

+0.79 pp from 2023

Benchmarks

See 21,691 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,691 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.33M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

125

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.

61.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$158K

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

+15.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11

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
MUTUAL OF AMERICA INVESTMENT CORP5 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping and information managem...	$1,822

Plan features & details

Pension benefit codes2G3D2J2E2T

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1K

$14 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.057%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: AIKEN & SANDERS, INC.
Auditor EIN: 910870697
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,643

$81,358-77.1%

$155,556-88.0%

$80,959-77.0%

Participation rate

61.9%

66.3%-4.4pp

78.2%-16.4pp

67.7%-5.8pp

Annual return

15.75%

33.39%-17.6pp

64.84%-49.1pp

35.67%-19.9pp

Employer contribution / active EE

$900

$3,106-71.0%

$4,675-80.8%

$2,757-67.4%

Participant deferral / active EE

$731

$3,455-78.8%

$5,631-87.0%

$4,300-83.0%

Admin fee / account holder

$11

$7,994-99.9%

$15,885-99.9%

$6,925-99.8%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP5 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping and information managem...

$1,822

403(B) THRIFT PLAN FOR EMPLOYEES OF OLYMPIC COMMUNITY ACTION PROGRAMS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF OLYMPIC COMMUNITY ACTION PROGRAMS

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