Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF COUNCIL OF LARGE PUBLIC HOUSING AUTHORITIES

Name: COUNCIL OF LARGE PUBLIC HOUSING AUTHORITIES - 403(B) THRIFT PLAN FOR EMPLOYEES OF COUNCIL OF LARGE PUBLIC HOUSING AUTHORITIES (2022) Form 5500
Creator: COUNCIL OF LARGE PUBLIC HOUSING AUTHORITIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF COUNCIL OF LARGE PUBLIC HOUSING AUTHORITIES, COUNCIL OF LARGE PUBLIC HOUSING AUTHORITIES

COUNCIL OF LARGE PUBLIC HOUSING AUTHORITIESEIN 04-2752972Plan #002PY 2022

455 MASSACHUSETTS AVE NW - WASHINGTON, DC 200012621202-638-1300clpha.orgLinkedIn1-10 employeesnon-profit organization management

Other plans on this EIN

1 filing

#001Retirement--

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.8M

No prior year

Total participants

No prior year

Average account balance

$182,093

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 39,277 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,277 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.15M

Not enough data

1 years with asset history on file

Average account balance

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

$262K

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.

109.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$117K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+26.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2F2G2S2T3D

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$182,093

$92,766+96.3%

$82,763+120.0%

$134,545+35.3%

Participation rate

90.0%

75.2%+14.8pp

72.6%+17.4pp

81.2%+8.8pp

Annual return

0.00%

946.97%-947.0pp

702.45%-702.4pp

418.37%-418.4pp

Employer contribution / active EE

$8,289

$3,273+153.3%

$3,008+175.5%

$4,742+74.8%

Participant deferral / active EE

$2,287

$4,802-52.4%

$4,395-48.0%

$6,401-64.3%

Admin fee / account holder

$5,978-100.0%

$5,325-100.0%

$11,431-100.0%

403(B) THRIFT PLAN FOR EMPLOYEES OF COUNCIL OF LARGE PUBLIC HOUSING AUTHORITIES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF COUNCIL OF LARGE PUBLIC HOUSING AUTHORITIES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion