Retirement plan

403(B) THRIFT PLAN OF SPECIAL SERVICE FOR GROUPS, INC.

Name: SPECIAL SERVICE FOR GROUPS, INC. - 403(B) THRIFT PLAN OF SPECIAL SERVICE FOR GROUPS, INC. (2021) Form 5500
Creator: SPECIAL SERVICE FOR GROUPS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF SPECIAL SERVICE FOR GROUPS, INC., SPECIAL SERVICE FOR GROUPS, INC.

SPECIAL SERVICE FOR GROUPS, INC.EIN 95-1716914Plan #002PY 2021

905 E 8TH ST - LOS ANGELES, CA 900211848213-553-1800ssg.orgLinkedIn1001-5000 employeesnon-profit organization management

Other plans on this EIN

1 filing

#001Retirement-$27.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$41.4M

+48.6% from 2020

Total participants

1,555

+18.3% from 2020

Average account balance

$28,545

+26.1% from 2020

Annual return

33.53%

+26.71 pp from 2020

Benchmarks

See 1,316 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,316 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$74.72M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

2,138

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.56M

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

+13.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19

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...	$13,098

Plan features & details

Pension benefit codes2F2G2T3D2L

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract 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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$13K

$10 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.032%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HARRINGTON GROUP CPAS LLP
Auditor EIN: 954557617
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,545

$67,512-57.7%

$185,837-84.6%

$93,010-69.3%

Participation rate

92.1%

67.1%+24.9pp

81.7%+10.4pp

73.9%+18.2pp

Annual return

33.53%

21.04%+12.5pp

122.08%-88.6pp

158.70%-125.2pp

Employer contribution / active EE

$2,663

$1,783+49.3%

$5,168-48.5%

$2,705-1.6%

Participant deferral / active EE

$1,480

$3,035-51.3%

$5,568-73.4%

$4,561-67.6%

Admin fee / account holder

$318-97.2%

$16,241-99.9%

$152-94.1%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Claims processing; Account maintenanc...

$13,098

403(B) THRIFT PLAN OF SPECIAL SERVICE FOR GROUPS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF SPECIAL SERVICE FOR GROUPS, 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