Retirement plan

CONSOLIDATED CATHOLIC BENEFIT PLAN

Name: CONSOLIDATED CATHOLIC ADMINIST - CONSOLIDATED CATHOLIC BENEFIT PLAN (2019) 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 2019

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

Prospect flagsLow participationLow employer contributionFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$21.4M

+17.8% from 2018

Total participants

674

+3.1% from 2018

Average account balance

$52,307

+16.3% from 2018

Annual return

20.33%

+24.96 pp from 2018

Benchmarks

See 873 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort873 peers

Snapshot2019

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 10 of 12 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years Service code 49 · EIN 04-1590850	Other Services	$108,066
UBS FINANCIAL SERVICES INC3 years Filed as: UBS FINANCIAL SERVICES INC. Service code 27 · EIN 13-2638166	Advisory (Plan)	$38,523
CHARLES SCHWAB & CO., INC.4 years Service code 59 · EIN 94-1737782	Shareholder Servicing	$52
AMERICAN FUNDS3 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
CALVERT3 years Service code 52 · EIN 52-1233223	Indirect Investment Fees	$0
EATON VANCE3 years Service code 52 · EIN 04-2325690	Indirect Investment Fees	$0
INVESCO3 years Service code 52 · EIN 93-6305075	Indirect Investment Fees	$0
MORGAN STANLEY SMITH BARNEY3 years Filed as: JP MORGAN Service code 52 · EIN 13-3963293	Indirect Investment Fees	$0
NATIXIS FUNDS3 years Service code 52 · EIN 04-3219179	Indirect Investment Fees	$0
T ROWE PRICE RPS INC3 years Filed as: T. ROWE PRICE Service code 52 · EIN 52-1151266	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

4 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.
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

$108K

$196 / participant

Investment mgmt$104K96.4%
Contract admin$4K3.6%

% of EOY assets

0.504%

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 PC
Auditor EIN: 060903326
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,307

$54,237-3.6%

$90,300-42.1%

$67,579-22.6%

Participation rate

51.8%

68.6%-16.8pp

73.3%-21.5pp

71.3%-19.5pp

Annual return

20.33%

37.27%-16.9pp

78.11%-57.8pp

378.56%-358.2pp

Employer contribution / active EE

$310

$1,846-83.2%

$2,854-89.1%

$2,148-85.6%

Participant deferral / active EE

$2,383

$2,625-9.2%

$3,884-38.6%

$3,539-32.7%

Admin fee / account holder

$264

$123+113.7%

$5,353-95.1%

$142+85.4%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.5+ years

Service code 49 · EIN 04-1590850

Other Services

$108,066

UBS FINANCIAL SERVICES INC3 years

Filed as: UBS FINANCIAL SERVICES INC.

Service code 27 · EIN 13-2638166

Advisory (Plan)

$38,523

CHARLES SCHWAB & CO., INC.4 years

Service code 59 · EIN 94-1737782

Shareholder Servicing

$52

AMERICAN FUNDS3 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

CALVERT3 years

Service code 52 · EIN 52-1233223

Indirect Investment Fees

EATON VANCE3 years

Service code 52 · EIN 04-2325690

Indirect Investment Fees

INVESCO3 years

Service code 52 · EIN 93-6305075

Indirect Investment Fees

MORGAN STANLEY SMITH BARNEY3 years

Filed as: JP MORGAN

Service code 52 · EIN 13-3963293

Indirect Investment Fees

NATIXIS FUNDS3 years

Service code 52 · EIN 04-3219179

Indirect Investment Fees

T ROWE PRICE RPS INC3 years

Filed as: T. ROWE PRICE

Service code 52 · EIN 52-1151266

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