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 (2021) 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 2021

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

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$12.9M

+17.7% from 2020

Total participants

179

+17.0% from 2020

Average account balance

$72,173

+0.6% from 2020

Annual return

16.06%

+0.27 pp from 2020

Benchmarks

See 5,715 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,715 peers

Snapshot2021

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.5 years Service code 37 · EIN 23-1945930	Loan Processing	$16,931
GREEN HASSON JANKS1 year Filed as: GREEN HASSON AND JANKS Service code 10 700 S. FLOWER ST. SUITE 3300 · LOS ANGELES, CA 90017	Accounting	$9,800

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

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$24K

$238 / participant

Contract admin$17K71.1%
Other / not subdivided$7K28.9%

% of EOY assets

0.184%

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: GREEN HASSON JANKS
Auditor EIN: 951777440
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$72,173

$104,479-30.9%

$159,474-54.7%

$79,391-9.1%

Participation rate

100.0%

76.6%+23.4pp

82.8%+17.2pp

70.7%+29.3pp

Annual return

16.06%

67.98%-51.9pp

263.68%-247.6pp

116.88%-100.8pp

Employer contribution / active EE

$2,798

$3,417-18.1%

$4,831-42.1%

$2,428+15.3%

Participant deferral / active EE

$2,960

$6,468-54.2%

$7,353-59.7%

$4,046-26.8%

Admin fee / account holder

$133

$711-81.3%

$10,802-98.8%

$627-78.8%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.5 years

Service code 37 · EIN 23-1945930

Loan Processing

$16,931

GREEN HASSON JANKS1 year

Filed as: GREEN HASSON AND JANKS

Service code 10

700 S. FLOWER ST. SUITE 3300 · LOS ANGELES, CA 90017

Accounting

$9,800

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