Retirement plan

EMPLOYEE BENEFIT PLAN OF DOWNTOWN WOMEN'S CENTER

Name: DOWNTOWN WOMEN'S CENTER - EMPLOYEE BENEFIT PLAN OF DOWNTOWN WOMEN'S CENTER (2024) Form 5500
Creator: DOWNTOWN WOMEN'S CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF DOWNTOWN WOMEN'S CENTER, DOWNTOWN WOMEN'S CENTER

DOWNTOWN WOMEN'S CENTEREIN 31-1597223Plan #001PY 2024

442 SOUTH SAN PEDRO STREET - LOS ANGELES, CA 900130000213-680-0600downtownwomenscenter.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow assets / participantFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$2.2M

+34.9% from 2023

Total participants

216

+20.0% from 2023

Average account balance

$10,790

+8.3% from 2023

Annual return

14.60%

-16.36 pp from 2023

Benchmarks

See 6,019 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort6,019 peers

Snapshot2024

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$2.24M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

208

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.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$559K

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

+14.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$113

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$8,182
EEC ADMINISTRATION2 years Service code 13 14841 YORBA ST. STE. 201 · TUSTIN, CA 92780	Contract Administrator	$7,084
CPS INVESTMENT ADVISORS2 years Filed as: CPS EMPLOYER BENEFITS INS SOL Service code 27 2860 MICHELLE DR. STE. 150 · IRVINE, CA 92606	Advisory (Plan)	$6,305
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$1,811
ENVESTNET RETIREMENT SOLUTIONS, LLC2 years Filed as: ENVESTNET RETIREMENT SOLUTIONS Service code 99 1801 CALIFORNIA ST 23RD FLOOR · DENVER, CO 80202	Other Fees	$835

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

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.
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.
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

3 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$24K

$127 / participant

Contract admin$14K58.2%
Other / not subdivided$10K41.8%

% of EOY assets

1.048%

all-in expense ratio

Categories reported

1 / 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: WINDES INC
Auditor EIN: 953001179
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,790

$55,472-80.5%

$155,567-93.1%

$74,546-85.5%

Participation rate

95.7%

61.9%+33.8pp

78.2%+17.5pp

67.2%+28.5pp

Annual return

14.60%

268.72%-254.1pp

64.74%-50.1pp

1366.03%-1351.4pp

Employer contribution / active EE

$538

$2,269-76.3%

$4,674-88.5%

$2,624-79.5%

Participant deferral / active EE

$2,486

$2,838-12.4%

$5,628-55.8%

$4,347-42.8%

Admin fee / account holder

$113

$1,743-93.5%

$15,916-99.3%

$1,944-94.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$8,182

EEC ADMINISTRATION2 years

Service code 13

14841 YORBA ST. STE. 201 · TUSTIN, CA 92780

Contract Administrator

$7,084

CPS INVESTMENT ADVISORS2 years

Filed as: CPS EMPLOYER BENEFITS INS SOL

Service code 27

2860 MICHELLE DR. STE. 150 · IRVINE, CA 92606

Advisory (Plan)

$6,305

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$1,811

ENVESTNET RETIREMENT SOLUTIONS, LLC2 years

Filed as: ENVESTNET RETIREMENT SOLUTIONS

Service code 99

1801 CALIFORNIA ST 23RD FLOOR · DENVER, CO 80202

Other Fees

$835

EMPLOYEE BENEFIT PLAN OF DOWNTOWN WOMEN'S CENTER

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF DOWNTOWN WOMEN'S CENTER

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