Retirement plan

CALIFORNIA EMERGING TECHNOLOGY FUND 401(K) RETIREMENT PLAN

Name: CALIFORNIA EMERGING TECHNOLOGY FUND - CALIFORNIA EMERGING TECHNOLOGY FUND 401(K) RETIREMENT PLAN (2022) Form 5500
Creator: CALIFORNIA EMERGING TECHNOLOGY FUND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA EMERGING TECHNOLOGY FUND 401(K) RETIREMENT PLAN, CALIFORNIA EMERGING TECHNOLOGY FUND

CALIFORNIA EMERGING TECHNOLOGY FUNDEIN 20-5184429Plan #001PY 2022

2151 SALVIO ST STE 252 - CONCORD, CA 945202451415-744-2383cetfund.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$4M

-6.4% from 2021

Total participants

0.0% from 2021

Average account balance

$400,015

-6.4% from 2021

Annual return

-15.60%

-51.31 pp from 2021

Benchmarks

See 39,290 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,290 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.07M

Not enough data

1 years with asset history on file

Average account balance

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

$442K

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.

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.

145.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$448K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$41K

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

+14.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8299

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

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

$400,015

$92,743+331.3%

$82,744+383.4%

$134,532+197.3%

Participation rate

100.0%

75.2%+24.8pp

72.6%+27.4pp

81.2%+18.8pp

Annual return

-15.60%

946.63%-962.2pp

702.22%-717.8pp

418.27%-433.9pp

Employer contribution / active EE

$20,933

$3,273+539.6%

$3,008+595.9%

$4,741+341.5%

Participant deferral / active EE

$18,210

$4,802+279.2%

$4,395+314.4%

$6,401+184.5%

Admin fee / account holder

$5,977-100.0%

$5,325-100.0%

$11,429-100.0%

CALIFORNIA EMERGING TECHNOLOGY FUND 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CALIFORNIA EMERGING TECHNOLOGY FUND 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion