Retirement plan

CRIHB 401(K) PROFIT SHARING PLAN

Name: CALIFORNIA RURAL INDIAN HEALTH BOARD, INC. - CRIHB 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: CALIFORNIA RURAL INDIAN HEALTH BOARD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CRIHB 401(K) PROFIT SHARING PLAN, CALIFORNIA RURAL INDIAN HEALTH BOARD, INC.

CALIFORNIA RURAL INDIAN HEALTH BOARD, INC.EIN 23-7052541Plan #003PY 2020

1020 SUNDOWN WAY - ROSEVILLE, CA 95661916-929-9761crihb.orgLinkedIn51-200 employeeshospital & health care

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.1M

+17.3% from 2019

Total participants

125

-5.3% from 2019

Average account balance

$50,901

+25.2% from 2019

Annual return

15.49%

-7.36 pp from 2019

Benchmarks

See 1,687 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,687 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.45M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

132

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$605K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$198

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 5 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850	Recordkeeping	$32,328
THREE BELL CAPITAL LLC2 years Service code 27 · EIN 45-3567626	Advisory (Plan)	$15,682
RETIREMENT ADMINISTRATION, INC.2 years Service code 13 · EIN 94-2646743	Contract Administrator	$9,761
MESIROW FINANCIAL INVESTMENT MANAGE2 years Service code 49 · EIN 36-3429599	Other Services	$0
MILLENNIUM INVESTMENT & RETIREMENT2 years Filed as: MILLENNIUM TRUST COMPANY, LLC Service code 49 · EIN 36-4400066	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$42K

$369 / participant

Contract admin$42K100.0%

% of EOY assets

0.689%

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: GILBERT CPA'S
Auditor EIN: 680037990
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,901

$66,124-23.0%

$90,461-43.7%

$73,497-30.7%

Participation rate

95.6%

69.7%+25.9pp

72.7%+22.9pp

70.7%+24.9pp

Annual return

15.49%

17.65%-2.2pp

1294.76%-1279.3pp

28.51%-13.0pp

Employer contribution / active EE

$4,506

$2,346+92.0%

$3,264+38.1%

$2,270+98.5%

Participant deferral / active EE

$3,197

$3,039+5.2%

$3,964-19.4%

$3,740-14.5%

Admin fee / account holder

$351

$396-11.5%

$5,617-93.8%

$513-31.7%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 15 · EIN 04-1590850

Recordkeeping

$32,328

THREE BELL CAPITAL LLC2 years

Service code 27 · EIN 45-3567626

Advisory (Plan)

$15,682

RETIREMENT ADMINISTRATION, INC.2 years

Service code 13 · EIN 94-2646743

Contract Administrator

$9,761

MESIROW FINANCIAL INVESTMENT MANAGE2 years

Service code 49 · EIN 36-3429599

Other Services

MILLENNIUM INVESTMENT & RETIREMENT2 years

Filed as: MILLENNIUM TRUST COMPANY, LLC

Service code 49 · EIN 36-4400066

Other Services

CRIHB 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CRIHB 401(K) PROFIT SHARING 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