Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF INFORMATION & REFERRAL FEDERATION OF LOS ANGELES COUNTY

Name: INFORMATION & REFERRAL FEDERATION OF LOS ANGELES COUNTY - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF INFORMATION & REFERRAL FEDERATION OF LOS ANGELES COUNTY (2024) Form 5500
Creator: INFORMATION & REFERRAL FEDERATION OF LOS ANGELES COUNTY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF INFORMATION & REFERRAL FEDERATION OF LOS ANGELES COUNTY, INFORMATION & REFERRAL FEDERATION OF LOS ANGELES COUNTY

INFORMATION & REFERRAL FEDERATION OF LOS ANGELES COUNTYEIN 95-3510017Plan #002PY 2024

526 W LAS TUNAS DR - SAN GABRIEL, CA 917761111626-350-1841

Other plans on this EIN

1 filing

#003Retirement-$2.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.4M

+20.5% from 2023

Total participants

163

+3.2% from 2023

Average account balance

$52,036

+16.1% from 2023

Annual return

17.65%

+3.13 pp from 2023

Benchmarks

See 6,010 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,010 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.43M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

162

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$419K

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

+17.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12

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 CORP6 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Claims processing; Participant loan p...	$2,639

Plan features & details

Pension benefit codes2E2F2G2J2T

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$17 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.024%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VASQUEZ & COMPANY LLC
Auditor EIN: 330700332
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,036

$55,423-6.1%

$155,602-66.6%

$74,400-30.1%

Participation rate

99.1%

61.9%+37.2pp

78.2%+20.9pp

67.2%+31.9pp

Annual return

17.65%

269.07%-251.4pp

64.81%-47.2pp

1367.51%-1349.9pp

Employer contribution / active EE

$2,159

$2,266-4.7%

$4,675-53.8%

$2,624-17.7%

Participant deferral / active EE

$1,516

$2,835-46.5%

$5,629-73.1%

$4,348-65.1%

Admin fee / account holder

$12

$1,744-99.3%

$15,923-99.9%

$1,944-99.4%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP6 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Claims processing; Participant loan p...

$2,639

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF INFORMATION & REFERRAL FEDERATION OF LOS ANGELES COUNTY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF INFORMATION & REFERRAL FEDERATION OF LOS ANGELES COUNTY

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