Retirement plan

CHILD FOCUS, INC. 403(B) ANNUITY PLAN

Name: CHILD FOCUS, INC. - CHILD FOCUS, INC. 403(B) ANNUITY PLAN (2024) Form 5500
Creator: CHILD FOCUS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHILD FOCUS, INC. 403(B) ANNUITY PLAN, CHILD FOCUS, INC.

CHILD FOCUS, INC.EIN 31-0952668Plan #001PY 2024

4629 AICHOLTZ ROAD - CINCINNATI, OH 45244513-685-5244child-focus.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$10.7M

+12.0% from 2023

Total participants

494

+7.4% from 2023

Average account balance

$24,179

+5.0% from 2023

Annual return

11.28%

-4.23 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.71M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

443

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$962K

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

+11.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$186

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$43,696
MARINER LLC4 years Filed as: MARINER WEALTH ADVISORS, LLC Service code 27 5700 W 112TH STREET STE. 500 · OVERLAND PARKS, KS 66211	Advisory (Plan)	$35,777
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$2,226
CREATIVE RETIREMENT SYSTEMS, INC.7 years Service code 13 25 MERCHANT STREET, STE. 135 · CINCINNATI, OH 45246	Contract Administrator	$502

Plan features & details

Pension benefit codes2F2G2L2M2T2K2S3D

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.
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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$82K

$230 / participant

Recordkeeping$82K100.0%

% of EOY assets

0.767%

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: BARNES DENNIG & CO LTD.
Auditor EIN: 311119890
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,179

$50,902-52.5%

$155,534-84.5%

$77,736-68.9%

Participation rate

85.7%

63.1%+22.6pp

78.2%+7.5pp

70.6%+15.1pp

Annual return

11.28%

34.85%-23.6pp

64.92%-53.6pp

31.26%-20.0pp

Employer contribution / active EE

$1,091

$1,991-45.2%

$4,675-76.7%

$2,728-60.0%

Participant deferral / active EE

$1,604

$2,824-43.2%

$5,630-71.5%

$4,651-65.5%

Admin fee / account holder

$186

$437-57.5%

$15,900-98.8%

$433-57.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$43,696

MARINER LLC4 years

Filed as: MARINER WEALTH ADVISORS, LLC

Service code 27

5700 W 112TH STREET STE. 500 · OVERLAND PARKS, KS 66211

Advisory (Plan)

$35,777

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$2,226

CREATIVE RETIREMENT SYSTEMS, INC.7 years

Service code 13

25 MERCHANT STREET, STE. 135 · CINCINNATI, OH 45246

Contract Administrator

$502

CHILD FOCUS, INC. 403(B) ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHILD FOCUS, INC. 403(B) ANNUITY 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