Retirement plan

EMPLOYEE BENEFIT PLAN OF CENTRAL VALLEY OPPORTUNITY CENTER, INCORPORATED

Name: CENTRAL VALLEY OPPORTUNITY CENTER, INCORPORATED - EMPLOYEE BENEFIT PLAN OF CENTRAL VALLEY OPPORTUNITY CENTER, INCORPORATED (2020) Form 5500
Creator: CENTRAL VALLEY OPPORTUNITY CENTER, INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF CENTRAL VALLEY OPPORTUNITY CENTER, INCORPORATED, CENTRAL VALLEY OPPORTUNITY CENTER, INCORPORATED

CENTRAL VALLEY OPPORTUNITY CENTER, INCORPORATEDEIN 94-2581331Plan #001PY 2020

PO BOX 1389 - WINTON, CA 953881389209-357-0062cvoc.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3M

+10.4% from 2019

Total participants

120

+9.1% from 2019

Average account balance

$25,365

+1.2% from 2019

Annual return

4.65%

+3.09 pp from 2019

Benchmarks

See 3,932 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,932 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.45M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

148

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$294K

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

+23.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13

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 CORP2 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Claims processing; Account maintenanc...	$1,566

Plan features & details

Pension benefit codes2F2G2T3D

Plan features

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$66K

$854 / participant

Other / not subdivided$66K100.0%

% of EOY assets

2.162%

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

$25,365

$49,239-48.5%

$70,462-64.0%

$79,858-68.2%

Participation rate

100.0%

69.2%+30.8pp

75.1%+24.9pp

69.6%+30.4pp

Annual return

4.65%

30.08%-25.4pp

109.08%-104.4pp

31.72%-27.1pp

Employer contribution / active EE

$1,694

$2,100-19.3%

$2,737-38.1%

$2,471-31.4%

Participant deferral / active EE

$1,211

$2,769-56.3%

$3,710-67.3%

$3,740-67.6%

Admin fee / account holder

$548

$2,876-80.9%

$3,845-85.7%

$5,306-89.7%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Claims processing; Account maintenanc...

$1,566

EMPLOYEE BENEFIT PLAN OF CENTRAL VALLEY OPPORTUNITY CENTER, INCORPORATED

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF CENTRAL VALLEY OPPORTUNITY CENTER, INCORPORATED

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