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 (2022) 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 2022

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)

$13.9M

+7.8% from 2021

Total participants

195

+8.9% from 2021

Average account balance

$71,764

-0.6% from 2021

Annual return

10.57%

-5.48 pp from 2021

Benchmarks

See 5,987 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,987 peers

Snapshot2022

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.6 years Service code 15 · EIN 23-1945930	Recordkeeping	$19,666
GREEN HASSON JANKS1 year Service code 10 700 S FLOWER ST · LOS ANGELES, CA 90017	Accounting	$17,000

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

$37K

$367 / participant

Contract admin$20K53.6%
Other / not subdivided$17K46.4%

% of EOY assets

0.263%

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: GRUBER AND LOPEZ, INC.
Auditor EIN: 271110267
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,764

$84,493-15.1%

$125,381-42.8%

$66,938+7.2%

Participation rate

99.0%

76.4%+22.6pp

82.4%+16.6pp

69.8%+29.2pp

Annual return

10.57%

-8.49%+19.1pp

572.31%-561.7pp

1.58%+9.0pp

Employer contribution / active EE

$3,655

$3,554+2.9%

$4,815-24.1%

$2,545+43.6%

Participant deferral / active EE

$4,550

$6,783-32.9%

$7,448-38.9%

$4,238+7.4%

Admin fee / account holder

$189

$685-72.4%

$10,007-98.1%

$594-68.2%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.6 years

Service code 15 · EIN 23-1945930

Recordkeeping

$19,666

GREEN HASSON JANKS1 year

Service code 10

700 S FLOWER ST · LOS ANGELES, CA 90017

Accounting

$17,000

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