Retirement plan

RETIREMENT PLAN FOR THE EMPLOYEES OF CENTRAL CALIFORNIA LEGAL SERVICES, INC.

Name: CENTRAL CALIFORNIA LEGAL SERVICES, INC. - RETIREMENT PLAN FOR THE EMPLOYEES OF CENTRAL CALIFORNIA LEGAL SERVICES, INC. (2024) Form 5500
Creator: CENTRAL CALIFORNIA LEGAL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETIREMENT PLAN FOR THE EMPLOYEES OF CENTRAL CALIFORNIA LEGAL SERVICES, INC., CENTRAL CALIFORNIA LEGAL SERVICES, INC.

CENTRAL CALIFORNIA LEGAL SERVICES, INC.EIN 94-1631809Plan #005PY 2024

2115 KERN STREET, SUITE 200 - FRESNO, CA 93721559-570-1200centralcallegal.orgLinkedIn51-200 employeeslegal services

Prospect flagsLow participant contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$8M

+3.6% from 2023

Total participants

169

+3.7% from 2023

Average account balance

$51,933

+5.0% from 2023

Annual return

11.28%

-1.03 pp from 2023

Benchmarks

See 246 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Cohort246 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.00M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

154

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.

84.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$445K

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

+11.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$97

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
NATIONWIDE5 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$14,659
LINCOLN NATIONAL CORPORATION5 years Service code 13 · EIN 35-1140070 NOVACARE COMPLEX ONE NOVACARE WAY · PHILADELPHIA, PA 19145	Contract Administrator	$175
RAYMOND JAMES FINANCIAL SERVICES5 years Filed as: RAYMOND JAMES FINANCIAL SERVICE ADV Service code 55 · EIN 59-2937883 IMPAC-TOWER 3FL · SAINT PETERSBURG, FL 33716	Other Commissions	$0

Plan features & details

Pension benefit codes2A2E2F2G2M2T3D

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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$15K

$151 / participant

Recordkeeping$15K100.0%

% of EOY assets

0.187%

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: WINDES
Auditor EIN: 953001179
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,933

$179,901-71.1%

$147,096-64.7%

Participation rate

84.8%

77.2%+7.7pp

82.2%+2.7pp

Annual return

11.28%

11.75%-0.5pp

419.75%-408.5pp

Employer contribution / active EE

$2,281

$3,299-30.8%

$4,936-53.8%

Participant deferral / active EE

$2,215

$6,909-67.9%

$8,071-72.6%

Admin fee / account holder

$97

$27,572-99.6%

$13,005-99.3%

Provider

Service type

Compensation

NATIONWIDE5 years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$14,659

LINCOLN NATIONAL CORPORATION5 years

Service code 13 · EIN 35-1140070

NOVACARE COMPLEX ONE NOVACARE WAY · PHILADELPHIA, PA 19145

Contract Administrator

$175

RAYMOND JAMES FINANCIAL SERVICES5 years

Filed as: RAYMOND JAMES FINANCIAL SERVICE ADV

Service code 55 · EIN 59-2937883

IMPAC-TOWER 3FL · SAINT PETERSBURG, FL 33716

Other Commissions

RETIREMENT PLAN FOR THE EMPLOYEES OF CENTRAL CALIFORNIA LEGAL SERVICES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETIREMENT PLAN FOR THE EMPLOYEES OF CENTRAL CALIFORNIA LEGAL SERVICES, 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