Retirement plan

COMMUNITY YOUTH SERVICES 403(B) RETIREMENT PLAN

Name: COMMUNITY YOUTH SERVICES - COMMUNITY YOUTH SERVICES 403(B) RETIREMENT PLAN (2021) Form 5500
Creator: COMMUNITY YOUTH SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY YOUTH SERVICES 403(B) RETIREMENT PLAN, COMMUNITY YOUTH SERVICES

COMMUNITY YOUTH SERVICESEIN 91-0859922Plan #001PY 2021

711 STATE AVE NE - OLYMPIA, WA 985063984360-943-0780communityyouthservices.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.4M

+16.6% from 2020

Total participants

340

-8.6% from 2020

Average account balance

$17,021

+17.0% from 2020

Annual return

17.42%

+1.01 pp from 2020

Benchmarks

See 5,350 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,350 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.29M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

352

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.

78.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$569K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$75

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 4 by compensation

Provider	Service type	Compensation
KILEY JUERGENS WEALTH MANAGEMENT3 years Filed as: KILEY JUERGENS WEALTH MANAGEMENT, L Service code 27 2413 PACIFIC AVENUE, SE · OLYMPIA, WA 98501	Advisory (Plan)	$1,867,029
AMERICAN FUNDS3 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$566,750
DEFINITI LLC1 year Filed as: DEFINITI, LLC Service code 13 2201 TIMBERLOCH PL · THE WOODLANDS, TX 77380	Contract Administrator	$2,750
PANAGIOTU PENSION ADVISORS, INC.3 years Filed as: PANAGIOTU PENSION ADVISORS Service code 13 7350 CIRQUE DRIVE W · UNIVERSITY PLACE, WA 98467	Contract Administrator	$450

Plan features & details

Pension benefit codes2A2E2F2G2M2S2T

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$27K

$192 / participant

Investment mgmt$27K100.0%

% of EOY assets

0.501%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,021

$61,172-72.2%

$185,851-90.8%

$79,389-78.6%

Participation rate

83.7%

66.6%+17.1pp

81.7%+2.0pp

70.7%+13.0pp

Annual return

17.42%

19.45%-2.0pp

122.11%-104.7pp

116.89%-99.5pp

Employer contribution / active EE

$2,179

$2,321-6.1%

$5,168-57.8%

$2,428-10.3%

Participant deferral / active EE

$1,702

$2,788-39.0%

$5,569-69.4%

$4,046-57.9%

Admin fee / account holder

$85

$710-88.0%

$16,245-99.5%

$626-86.4%

Provider

Service type

Compensation

KILEY JUERGENS WEALTH MANAGEMENT3 years

Filed as: KILEY JUERGENS WEALTH MANAGEMENT, L

Service code 27

2413 PACIFIC AVENUE, SE · OLYMPIA, WA 98501

Advisory (Plan)

$1,867,029

AMERICAN FUNDS3 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$566,750

DEFINITI LLC1 year

Filed as: DEFINITI, LLC

Service code 13

2201 TIMBERLOCH PL · THE WOODLANDS, TX 77380

Contract Administrator

$2,750

PANAGIOTU PENSION ADVISORS, INC.3 years

Filed as: PANAGIOTU PENSION ADVISORS

Service code 13

7350 CIRQUE DRIVE W · UNIVERSITY PLACE, WA 98467

Contract Administrator

$450

COMMUNITY YOUTH SERVICES 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY YOUTH SERVICES 403(B) RETIREMENT PLAN

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