Retirement plan

CHILD ACTION, INC. 401(K) PROFIT SHARING PLAN

Name: CHILD ACTION, INC. - CHILD ACTION, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: CHILD ACTION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHILD ACTION, INC. 401(K) PROFIT SHARING PLAN, CHILD ACTION, INC.

CHILD ACTION, INC.EIN 94-2364946Plan #001PY 2024

10540 WHITE ROCK ROAD STE 180 - RANCHO CORDOVA, CA 95670916-369-4475childaction.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$26.9M

+15.9% from 2023

Total participants

314

+15.4% from 2023

Average account balance

$86,064

-13.4% from 2023

Annual return

13.15%

-5.32 pp from 2023

Benchmarks

See 5,998 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,998 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.94M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

313

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+13.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$54

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 5 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY8 years Filed as: PRINCIPAL SECURITIES INC. Service code 49 · EIN 42-0941553	Other Services	$52,526
ASCENSUS LLC5 years Filed as: ASCENSUS Service code 13 · EIN 82-3719843	Contract Administrator	$16,209
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290	Contract Administrator	$14,426
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381	Advisory (Participants)	$0
WILSHIRE ASSOCIATES INCORPORATED2 years Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

Plan features

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.
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.

Opportunity flags

1 tripped

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

$17K

$71 / participant

Contract admin$17K100.0%

% of EOY assets

0.063%

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: MUN CPAS, LLP
Auditor EIN: 200276349
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,064

$55,437+55.2%

$155,534-44.7%

$74,459+15.6%

Participation rate

99.6%

61.9%+37.7pp

78.2%+21.4pp

67.2%+32.4pp

Annual return

13.15%

269.58%-256.4pp

64.92%-51.8pp

1369.70%-1356.6pp

Employer contribution / active EE

$3,526

$2,266+55.6%

$4,675-24.6%

$2,626+34.3%

Participant deferral / active EE

$4,311

$2,837+51.9%

$5,630-23.4%

$4,350-0.9%

Admin fee / account holder

$54

$1,742-96.9%

$15,900-99.7%

$1,945-97.2%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY8 years

Filed as: PRINCIPAL SECURITIES INC.

Service code 49 · EIN 42-0941553

Other Services

$52,526

ASCENSUS LLC5 years

Filed as: ASCENSUS

Service code 13 · EIN 82-3719843

Contract Administrator

$16,209

PRINCIPAL LIFE INSURANCE COMPANY10+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$14,426

MORNINGSTAR3 years

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L

Service code 26 · EIN 36-4317381

Advisory (Participants)

WILSHIRE ASSOCIATES INCORPORATED2 years

Filed as: WILSHIRE ADVISORS LLC

Service code 27 · EIN 95-2755361

Advisory (Plan)

CHILD ACTION, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHILD ACTION, INC. 401(K) PROFIT SHARING 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