Retirement plan

COMMUNITY LEGAL AID SOCAL 401(K) PROFIT SHARING PLAN

Name: COMMUNITY LEGAL AID SOCAL - COMMUNITY LEGAL AID SOCAL 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: COMMUNITY LEGAL AID SOCAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMUNITY LEGAL AID SOCAL 401(K) PROFIT SHARING PLAN, COMMUNITY LEGAL AID SOCAL

COMMUNITY LEGAL AID SOCALEIN 95-1994337Plan #001PY 2020

2101 N. TUSTIN AVENUE - SANTA ANA, CA 92705714-571-5213LinkedIn51-200 employeeslegal services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$11M

+18.4% from 2019

Total participants

153

+16.8% from 2019

Average account balance

$71,741

+0.6% from 2019

Annual return

15.78%

+18.26 pp from 2019

Benchmarks

See 26,418 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,418 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.10M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

252

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.

86.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.12M

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

+2.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$223

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 2 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.4 years Service code 15 · EIN 23-1945930	Recordkeeping	$15,770
GRUBER & ASSOCIATES5+ years Service code 13 438 OLD NEWPORT BLVD · NEWPORT BEACH, CA 92663	Contract Administrator	$7,000

Plan features & details

Pension benefit codes2E3D2G2J2F2T

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.
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

$23K

$288 / participant

Contract admin$16K69.3%
Other / not subdivided$7K30.7%

% of EOY assets

0.207%

all-in expense ratio

Categories reported

1 / 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: GRUBER AND ASSOCIATES, INC.
Auditor EIN: 261348348
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,741

$98,776-27.4%

$149,745-52.1%

$79,856-10.2%

Participation rate

100.0%

75.8%+24.2pp

82.5%+17.5pp

69.6%+30.4pp

Annual return

15.78%

27.38%-11.6pp

276.72%-260.9pp

31.71%-15.9pp

Employer contribution / active EE

$2,556

$3,217-20.6%

$4,646-45.0%

$2,471+3.4%

Participant deferral / active EE

$3,344

$5,681-41.1%

$6,843-51.1%

$3,741-10.6%

Admin fee / account holder

$149

$6,053-97.5%

$9,312-98.4%

$5,306-97.2%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.4 years

Service code 15 · EIN 23-1945930

Recordkeeping

$15,770

GRUBER & ASSOCIATES5+ years

Service code 13

438 OLD NEWPORT BLVD · NEWPORT BEACH, CA 92663

Contract Administrator

$7,000

COMMUNITY LEGAL AID SOCAL 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMUNITY LEGAL AID SOCAL 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