Retirement plan

CONSOLIDATED CATHOLIC BENEFIT PLAN

Name: CONSOLIDATED CATHOLIC ADMINIST - CONSOLIDATED CATHOLIC BENEFIT PLAN (2016) Form 5500
Creator: CONSOLIDATED CATHOLIC ADMINIST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSOLIDATED CATHOLIC BENEFIT PLAN, CONSOLIDATED CATHOLIC ADMINIST

CONSOLIDATED CATHOLIC ADMINISTEIN 13-4064939Plan #001PY 2016

30 MANSELL COURT, SUITE #103 - ROSWELL, GA 30076770-828-4958LinkedIn501-1000 employeescivic & social organization

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$16.1M

+8.6% from 2015

Total participants

646

-5.6% from 2015

Average account balance

$41,367

+10.3% from 2015

Annual return

9.02%

+9.42 pp from 2015

Benchmarks

See 783 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort783 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.48M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

386

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.

49.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$298

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 · EIN 13-2638166	Advisory (Plan)	$36,491
WHITTLESEY PC2+ years Filed as: WHITTLESEY & HADLEY, P.C. Service code 50 · EIN 06-0903326	Direct Payment	$17,890
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$3,712
CHARLES SCHWAB & CO., INC.1 year Service code 62 · EIN 94-1737782	Float revenue; Securities brokerage c...	$0
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB INVESTMENT MANAGEMEN Service code 59 · EIN 94-3106735	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2J2F2G2K2R3D2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$22K

$42 / participant

Contract admin$4K17.2%
Other / not subdivided$18K82.8%

% of EOY assets

0.135%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WHITTLESEY & HADLEY, P.C.
Auditor EIN: 060903326
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,367

$39,859+3.8%

$78,676-47.4%

$57,658-28.3%

Participation rate

49.4%

66.1%-16.7pp

73.6%-24.2pp

70.2%-20.8pp

Annual return

9.02%

18.96%-9.9pp

62.19%-53.2pp

5.13%+3.9pp

Employer contribution / active EE

$275

$1,786-84.6%

$2,850-90.4%

$1,974-86.1%

Participant deferral / active EE

$2,135

$2,248-5.0%

$3,517-39.3%

$3,061-30.2%

Admin fee / account holder

$56

$76-26.9%

$4,510-98.8%

$95-41.1%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC2+ years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 27 · EIN 13-2638166

Advisory (Plan)

$36,491

WHITTLESEY PC2+ years

Filed as: WHITTLESEY & HADLEY, P.C.

Service code 50 · EIN 06-0903326

Direct Payment

$17,890

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$3,712

CHARLES SCHWAB & CO., INC.1 year

Service code 62 · EIN 94-1737782

Float revenue; Securities brokerage c...

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB INVESTMENT MANAGEMEN

Service code 59 · EIN 94-3106735

Shareholder Servicing

CONSOLIDATED CATHOLIC BENEFIT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSOLIDATED CATHOLIC BENEFIT 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