Retirement plan

CONSOLIDATED CATHOLIC BENEFIT PLAN

Name: CONSOLIDATED CATHOLIC ADMINIST - CONSOLIDATED CATHOLIC BENEFIT PLAN (2018) 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 2018

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

Prospect flagsHigh feesLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$18.2M

-4.9% from 2017

Total participants

654

+1.1% from 2017

Average account balance

$44,969

-4.7% from 2017

Annual return

-4.62%

-22.73 pp from 2017

Benchmarks

See 845 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort845 peers

Snapshot2018

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

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

Service providers

Top 10 of 15 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years Service code 49 · EIN 04-1590850	Other Services	$106,001
UBS FINANCIAL SERVICES INC2 years Filed as: UBS FINANCIAL SERVICES INC. Service code 27 · EIN 13-2638166	Advisory (Plan)	$37,530
WHITTLESEY PC4+ years Filed as: WHITTLESEY & HADLEY, P.C. Service code 10 · EIN 06-0903326	Accounting	$17,801
WHITTLESEY PC1 year Filed as: WHITTLESEY & HADLEY PC Service code 50 · EIN 06-0903326	Direct Payment	$13,930
CHARLES SCHWAB & CO., INC.3 years Service code 59 · EIN 94-1737782	Shareholder Servicing	$10
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
CALVERT2 years Service code 52 · EIN 52-1233223	Indirect Investment Fees	$0
EATON VANCE2 years Service code 52 · EIN 04-2325690	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 76-0343427	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY2 years Filed as: JP MORGAN Service code 52 · EIN 13-3963293	Indirect Investment Fees	$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.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$138K

$267 / participant

Investment mgmt$101K73.7%
Contract admin$5K3.3%
Other / not subdivided$32K23.1%

% of EOY assets

0.757%

all-in expense ratio

Categories reported

2 / 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 P.C.
Auditor EIN: 060886632
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,969

$43,999+2.2%

$79,466-43.4%

$55,725-19.3%

Participation rate

51.6%

66.9%-15.4pp

73.3%-21.8pp

70.9%-19.3pp

Annual return

-4.62%

1.81%-6.4pp

718.28%-722.9pp

244.93%-249.6pp

Employer contribution / active EE

$314

$1,830-82.9%

$2,800-88.8%

$2,078-84.9%

Participant deferral / active EE

$2,394

$2,538-5.7%

$3,704-35.4%

$3,356-28.6%

Admin fee / account holder

$340

$118+189.6%

$5,104-93.3%

$115+195.6%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.4+ years

Service code 49 · EIN 04-1590850

Other Services

$106,001

UBS FINANCIAL SERVICES INC2 years

Filed as: UBS FINANCIAL SERVICES INC.

Service code 27 · EIN 13-2638166

Advisory (Plan)

$37,530

WHITTLESEY PC4+ years

Filed as: WHITTLESEY & HADLEY, P.C.

Service code 10 · EIN 06-0903326

Accounting

$17,801

WHITTLESEY PC1 year

Filed as: WHITTLESEY & HADLEY PC

Service code 50 · EIN 06-0903326

Direct Payment

$13,930

CHARLES SCHWAB & CO., INC.3 years

Service code 59 · EIN 94-1737782

Shareholder Servicing

$10

AMERICAN FUNDS2 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

CALVERT2 years

Service code 52 · EIN 52-1233223

Indirect Investment Fees

EATON VANCE2 years

Service code 52 · EIN 04-2325690

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 76-0343427

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY2 years

Filed as: JP MORGAN

Service code 52 · EIN 13-3963293

Indirect Investment Fees

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