Retirement plan

WILLOW BROOK 403(B) RETIREMENT PLAN

Name: WILLOW BROOK CHRISTIAN SERVICES - WILLOW BROOK 403(B) RETIREMENT PLAN (2023) Form 5500
Creator: WILLOW BROOK CHRISTIAN SERVICES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILLOW BROOK 403(B) RETIREMENT PLAN, WILLOW BROOK CHRISTIAN SERVICES

WILLOW BROOK CHRISTIAN SERVICESEIN 20-0996799Plan #001PY 2023

100 DELAWARE CROSSING WEST - DELAWARE, OH 43015740-201-5747

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$10.8M

+23.8% from 2022

Total participants

606

+13.9% from 2022

Average account balance

$48,207

+21.1% from 2022

Annual return

18.13%

+35.57 pp from 2022

Benchmarks

See 4,038 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,038 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.91M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

219

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.

27.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$954K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$205

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 3 by compensation

Provider	Service type	Compensation
GOLDMAN SACHS9+ years Filed as: NEW ALBANY CAPITAL PARTNERS, LLC Service code 27 4200 REGENT ST., SUITE 200 · COLUMBUS, OH 43219	Advisory (Plan)	$22,660
PENSERV PLAN SERVICES, INC.5 years Service code 15 P.O. BOX 3109 · WEST COLUMBIA, SC 29171	Recordkeeping	$12,305
LT TRUST COMPANY1 year Filed as: MG TRUST COMPANY, LLC Service code 19 · EIN 73-3182674	Securities Custodian	$5,991

Plan features & details

Pension benefit codes2E2F2G2K2M2T3D

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.
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.
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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$41K

$77 / participant

Trustee / custodial$6K14.6%
Investment mgmt$23K55.3%
Contract admin$12K30.0%

% of EOY assets

0.378%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE & MORAN, PLLC
Auditor EIN: 381357981
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,207

$47,163+2.2%

$149,696-67.8%

$74,460-35.3%

Participation rate

28.0%

63.4%-35.4pp

78.8%-50.8pp

70.7%-42.8pp

Annual return

18.13%

22.75%-4.6pp

134.46%-116.3pp

34.38%-16.3pp

Employer contribution / active EE

$653

$1,907-65.8%

$4,821-86.5%

$2,638-75.3%

Participant deferral / active EE

$1,173

$2,730-57.0%

$5,682-79.4%

$4,530-74.1%

Admin fee / account holder

$182

$343-46.9%

$13,212-98.6%

$348-47.7%

Provider

Service type

Compensation

GOLDMAN SACHS9+ years

Filed as: NEW ALBANY CAPITAL PARTNERS, LLC

Service code 27

4200 REGENT ST., SUITE 200 · COLUMBUS, OH 43219

Advisory (Plan)

$22,660

PENSERV PLAN SERVICES, INC.5 years

Service code 15

P.O. BOX 3109 · WEST COLUMBIA, SC 29171

Recordkeeping

$12,305

LT TRUST COMPANY1 year

Filed as: MG TRUST COMPANY, LLC

Service code 19 · EIN 73-3182674

Securities Custodian

$5,991

WILLOW BROOK 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILLOW BROOK 403(B) RETIREMENT 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