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 (2023) 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 2023

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

Other plans on this EIN

1 filing

#003Retirement-$2.1M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7M

+18.6% from 2022

Total participants

158

+0.6% from 2022

Average account balance

$44,826

+17.8% from 2022

Annual return

14.53%

+28.52 pp from 2022

Benchmarks

See 5,703 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,703 peers

Snapshot2023

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 CORP5 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Participant loan processing; Claims p...	$1,343

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

$1K

$13 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.019%

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: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,826

$61,391-27.0%

$149,723-70.1%

$71,529-37.3%

Participation rate

98.1%

62.5%+35.5pp

78.8%+19.3pp

67.9%+30.1pp

Annual return

14.53%

35.88%-21.3pp

134.50%-120.0pp

28.97%-14.4pp

Employer contribution / active EE

$2,103

$2,384-11.8%

$4,821-56.4%

$2,590-18.8%

Participant deferral / active EE

$1,814

$2,921-37.9%

$5,682-68.1%

$4,291-57.7%

Admin fee / account holder

$1,264-99.3%

$13,215-99.9%

$1,588-99.5%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP5 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Participant loan processing; Claims p...

$1,343

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