Retirement plan

CATHOLIC CHARITIES OF THE DIOCESE OF PITTSBURGH, INC. AND IT'S SUBSIDIARY CORPORATIONS MONEY PURCHASE PLAN

Name: CATHOLIC CHARITIES OF THE DIOCESE OF PITTSBURGH - CATHOLIC CHARITIES OF THE DIOCESE OF PITTSBURGH, INC. AND IT'S SUBSIDIARY CORPORATIONS MONEY PURCHASE PLAN (2023) Form 5500
Creator: CATHOLIC CHARITIES OF THE DIOCESE OF PITTSBURGH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CATHOLIC CHARITIES OF THE DIOCESE OF PITTSBURGH, INC. AND IT'S SUBSIDIARY CORPORATIONS MONEY PURCHASE PLAN, CATHOLIC CHARITIES OF THE DIOCESE OF PITTSBURGH

CATHOLIC CHARITIES OF THE DIOCESE OF PITTSBURGHEIN 25-1326213Plan #002PY 2023

212 NINTH STREET - PITTSBURGH, PA 15222412-456-6993ccpgh.orgLinkedIn51-200 employeesreligious institutions

Other plans on this EIN

1 filing

#003Retirement-$1.2M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$3.7M

+9.4% from 2022

Total participants

110

0.0% from 2022

Average account balance

$34,245

+9.4% from 2022

Annual return

11.15%

+24.77 pp from 2022

Benchmarks

See 20,804 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,804 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.59M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$264K

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

+10.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$236

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 1 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290	Contract Administrator	$17,167

Plan features & details

Pension benefit codes2C2F2G2T3D3F

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$17K

$238 / participant

Contract admin$17K100.0%

% of EOY assets

0.460%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GROSSMAN YANAK & FORD
Auditor EIN: 251638525
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,245

$77,901-56.0%

$149,717-77.1%

$75,181-54.4%

Participation rate

98.6%

65.6%+33.0pp

78.8%+19.8pp

67.2%+31.4pp

Annual return

11.15%

31.73%-20.6pp

134.41%-123.3pp

160.69%-149.5pp

Employer contribution / active EE

$3,191

$3,137+1.7%

$4,820-33.8%

$2,671+19.5%

Participant deferral / active EE

$3,411-100.0%

$5,682-100.0%

$4,126-100.0%

Admin fee / account holder

$157

$5,949-97.4%

$13,213-98.8%

$5,650-97.2%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY8+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$17,167

CATHOLIC CHARITIES OF THE DIOCESE OF PITTSBURGH, INC. AND IT'S SUBSIDIARY CORPORATIONS MONEY PURCHASE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CATHOLIC CHARITIES OF THE DIOCESE OF PITTSBURGH, INC. AND IT'S SUBSIDIARY CORPORATIONS MONEY PURCHASE 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