Retirement plan

NATIONAL CHURCH RESIDENCES 3-4-5 401(A) RETIREMENT PLAN

Name: NATIONAL CHURCH RESIDENCES,INC. - NATIONAL CHURCH RESIDENCES 3-4-5 401(A) RETIREMENT PLAN (2023) Form 5500
Creator: NATIONAL CHURCH RESIDENCES,INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL CHURCH RESIDENCES 3-4-5 401(A) RETIREMENT PLAN, NATIONAL CHURCH RESIDENCES,INC.

NATIONAL CHURCH RESIDENCES,INC.EIN 31-0651750Plan #002PY 2023

2335 NORTH BANK DRIVE - COLUMBUS, OH 43220614-273-3518nationalchurchresidences.orgLinkedIn1001-5000 employeesnon-profit organization management

Other plans on this EIN

1 filing

#003Retirement-$51.0M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed February 3, 2006 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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How to read this page

Total assets (EOY)

$55.1M

+20.6% from 2022

Total participants

2,850

-0.2% from 2022

Average account balance

$19,317

+20.8% from 2022

Annual return

16.48%

+32.15 pp from 2022

Benchmarks

See 1,407 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants1,000-4,999

Cohort1,407 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$59.86M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

3,018

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

$6.81M

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

+11.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68

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

See the 9-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION5 years Filed as: LINCOLN FINANCIAL GROUP Service code 13 · EIN 35-1140070	Contract Administrator	$138,317
HIGHLAND CONSULTING ASSOCIATES3 years Filed as: HIGHLAND CONSULTING Service code 17 · EIN 34-1753575	Pension Consulting	$37,500
VORYS, SATER, SEYMOUR & PEASE1 year Filed as: VORYS, SATER, SEYMOUR AND PEASE, LL Service code 29 · EIN 31-4333125	Legal	$11,252

Plan features & details

Pension benefit codes2E2F2G2T2A2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$187K

$84 / participant

Investment mgmt$38K20.0%
Legal$11K6.0%
Contract admin$138K73.9%

% of EOY assets

0.340%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,317

$50,127-61.5%

$149,673-87.1%

$80,160-75.9%

Participation rate

100.0%

64.3%+35.7pp

78.8%+21.2pp

72.9%+27.1pp

Annual return

16.48%

29.82%-13.3pp

134.42%-117.9pp

40.38%-23.9pp

Employer contribution / active EE

$3,148

$1,865+68.8%

$4,818-34.7%

$2,978+5.7%

Participant deferral / active EE

$3,194-100.0%

$5,680-100.0%

$5,017-100.0%

Admin fee / account holder

$66

$153-57.0%

$13,210-99.5%

$145-54.7%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION5 years

Filed as: LINCOLN FINANCIAL GROUP

Service code 13 · EIN 35-1140070

Contract Administrator

$138,317

HIGHLAND CONSULTING ASSOCIATES3 years

Filed as: HIGHLAND CONSULTING

Service code 17 · EIN 34-1753575

Pension Consulting

$37,500

VORYS, SATER, SEYMOUR & PEASE1 year

Filed as: VORYS, SATER, SEYMOUR AND PEASE, LL

Service code 29 · EIN 31-4333125

Legal

$11,252

NATIONAL CHURCH RESIDENCES 3-4-5 401(A) RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL CHURCH RESIDENCES 3-4-5 401(A) RETIREMENT PLAN

Top hat statement on fileNQDC

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