Retirement plan

THE COMMITTEE FOR HISPANIC CHILDREN AND FAMILIES, INC. 403(B) PLAN

Name: THE COMMITTEE FOR HISPANIC CHILDREN AND - THE COMMITTEE FOR HISPANIC CHILDREN AND FAMILIES, INC. 403(B) PLAN (2016) Form 5500
Creator: THE COMMITTEE FOR HISPANIC CHILDREN AND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE COMMITTEE FOR HISPANIC CHILDREN AND FAMILIES, INC. 403(B) PLAN, THE COMMITTEE FOR HISPANIC CHILDREN AND

THE COMMITTEE FOR HISPANIC CHILDREN ANDEIN 11-2622003Plan #001PY 2016

75 BROAD STREET, SUITE 620 - NEW YORK, NY 100042415212-206-1090chcfinc.orgLinkedIn11-50 employeesindividual & family services

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$329K

No prior year

Total participants

No prior year

Average account balance

$14,323

No prior year

Annual return

2.91%

No prior year

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$991K

Not enough data

1 years with asset history on file

Average account balance

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

$8K

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.

127

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.

103.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$136K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+14.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3253

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 codes2F2G2L2M2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$541K

$20025 / participant

Other / not subdivided$541K100.0%

% of EOY assets

164.118%

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

$14,323

$48,078-70.2%

$78,676-81.8%

$62,881-77.2%

Participation rate

59.3%

65.2%-5.9pp

73.6%-14.3pp

69.3%-10.0pp

Annual return

2.91%

31.36%-28.4pp

62.19%-59.3pp

20.14%-17.2pp

Employer contribution / active EE

$574

$2,015-71.5%

$2,850-79.8%

$2,281-74.8%

Participant deferral / active EE

$1,178

$2,587-54.5%

$3,517-66.5%

$3,203-63.2%

Admin fee / account holder

$23,507

$3,206+633.2%

$4,510+421.2%

$4,296+447.2%

THE COMMITTEE FOR HISPANIC CHILDREN AND FAMILIES, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE COMMITTEE FOR HISPANIC CHILDREN AND FAMILIES, INC. 403(B) 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