Retirement plan

EMPLOYEE BENEFIT PLAN OF BOYS GIRLS CLUBS OF GREATER ANAHEIM-CYPRESS

Name: BOYS GIRLS CLUBS OF GREATER ANAHEIM-CYPRESS - EMPLOYEE BENEFIT PLAN OF BOYS GIRLS CLUBS OF GREATER ANAHEIM-CYPRESS (2022) Form 5500
Creator: BOYS GIRLS CLUBS OF GREATER ANAHEIM-CYPRESS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF BOYS GIRLS CLUBS OF GREATER ANAHEIM-CYPRESS, BOYS GIRLS CLUBS OF GREATER ANAHEIM-CYPRESS

BOYS GIRLS CLUBS OF GREATER ANAHEIM-CYPRESSEIN 95-2920990Plan #002PY 2022

10161 MOODY ST - CYPRESS, CA 906304342714-527-2697LinkedIn11-50 employeesindividual & family services

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$658K

-11.4% from 2021

Total participants

+29.3% from 2021

Average account balance

$14,312

-22.9% from 2021

Annual return

-16.21%

-30.18 pp from 2021

Benchmarks

See 19,701 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,701 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$947K

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

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.

226.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$122K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$709

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2J2J2T3D

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).
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$39K

$1562 / participant

Other / not subdivided$39K100.0%

% of EOY assets

5.933%

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

$14,312

$73,863-80.6%

$143,797-90.0%

$68,490-79.1%

Participation rate

72.0%

66.7%+5.3pp

80.3%-8.3pp

67.9%+4.1pp

Annual return

-16.21%

0.91%-17.1pp

-0.04%-16.2pp

-7.85%-8.4pp

Employer contribution / active EE

$1,524

$3,185-52.2%

$4,952-69.2%

$2,597-41.3%

Participant deferral / active EE

$1,478

$3,385-56.3%

$5,638-73.8%

$4,028-63.3%

Admin fee / account holder

$849

$5,756-85.2%

$14,679-94.2%

$5,403-84.3%

EMPLOYEE BENEFIT PLAN OF BOYS GIRLS CLUBS OF GREATER ANAHEIM-CYPRESS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF BOYS GIRLS CLUBS OF GREATER ANAHEIM-CYPRESS

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