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 (2018) 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 2018

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

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$302K

-19.5% from 2017

Total participants

+12.5% from 2017

Average account balance

$12,061

-22.7% from 2017

Annual return

-6.98%

-22.59 pp from 2017

Benchmarks

See 8,161 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,161 peers

Snapshot2018

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.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$82K

$2718 / participant

Other / not subdivided$82K100.0%

% of EOY assets

27.040%

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

$12,061

$49,177-75.5%

$79,467-84.8%

$64,173-81.2%

Participation rate

63.3%

65.0%-1.7pp

73.3%-10.0pp

69.6%-6.2pp

Annual return

-6.98%

-1.16%-5.8pp

718.30%-725.3pp

7.63%-14.6pp

Employer contribution / active EE

$210

$2,076-89.9%

$2,800-92.5%

$2,381-91.2%

Participant deferral / active EE

$839

$2,821-70.3%

$3,704-77.4%

$3,470-75.8%

Admin fee / account holder

$3,261

$3,839-15.0%

$5,104-36.1%

$4,887-33.3%

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