Retirement plan

CANADA FRANCE HAWAII TELESCOPE CORPORATION 403(B) DC PLAN

Name: CANADA-FRANCE-HAWAII TELESCOPE CORPORATION - CANADA FRANCE HAWAII TELESCOPE CORPORATION 403(B) DC PLAN (2022) Form 5500
Creator: CANADA-FRANCE-HAWAII TELESCOPE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CANADA FRANCE HAWAII TELESCOPE CORPORATION 403(B) DC PLAN, CANADA-FRANCE-HAWAII TELESCOPE CORPORATION

CANADA-FRANCE-HAWAII TELESCOPE CORPORATIONEIN 23-7438736Plan #001PY 2022

65-1238 MAMALAHOA HWY - KAMUELA, HI 96743808-885-7944LinkedIn51-200 employeesinternet

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$36.1M

-12.3% from 2021

Total participants

+2.5% from 2021

Average account balance

$440,132

-14.5% from 2021

Annual return

-13.14%

-24.83 pp from 2021

Benchmarks

See 28,005 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,005 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$50.12M

Not enough data

1 years with asset history on file

Average account balance

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

$590K

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.

188.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+13.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$54540

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 codes2L2M2F2G2T

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.0M

$20956 / participant

Other / not subdivided$1M100.0%

% of EOY assets

2.903%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$440,132

$82,674+432.4%

$125,363+251.1%

$68,495+542.6%

Participation rate

100.0%

75.0%+25.0pp

82.4%+17.6pp

67.9%+32.1pp

Annual return

-13.14%

-5.97%-7.2pp

572.15%-585.3pp

-7.84%-5.3pp

Employer contribution / active EE

$11,465

$3,382+239.0%

$4,815+138.1%

$2,596+341.6%

Participant deferral / active EE

$13,624

$6,111+122.9%

$7,447+82.9%

$4,028+238.3%

Admin fee / account holder

$12,778

$6,276+103.6%

$10,005+27.7%

$5,403+136.5%

CANADA FRANCE HAWAII TELESCOPE CORPORATION 403(B) DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CANADA FRANCE HAWAII TELESCOPE CORPORATION 403(B) DC 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