Retirement plan

CHRIST THE KING VINEYARD CHURCH RETIREMENT PLAN AND TRUST

Name: CHRIST THE KING VINEYARD CHURCH - CHRIST THE KING VINEYARD CHURCH RETIREMENT PLAN AND TRUST (2024) Form 5500
Creator: CHRIST THE KING VINEYARD CHURCH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHRIST THE KING VINEYARD CHURCH RETIREMENT PLAN AND TRUST, CHRIST THE KING VINEYARD CHURCH

CHRIST THE KING VINEYARD CHURCHEIN 34-1016275Plan #001PY 2024

30635 LORAIN ROAD - NORTH OLMSTED, OH 44070440-777-3333LinkedIn1-10 employeescivic & social organization

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$460K

+24.1% from 2023

Total participants

+133.3% from 2023

Average account balance

$153,456

+24.1% from 2023

Annual return

15.32%

-5.11 pp from 2023

Benchmarks

See 50,062 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort50,062 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$460K

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

42.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$33K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$234

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 codes2E2F2G2J2R3D

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$703

$100 / participant

Other / not subdivided$703100.0%

% of EOY assets

0.153%

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

$153,456

$88,702+73.0%

$81,780+87.6%

$145,978+5.1%

Participation rate

42.9%

75.0%-32.2pp

72.4%-29.5pp

80.3%-37.4pp

Annual return

15.32%

1029.12%-1013.8pp

776.27%-760.9pp

550.52%-535.2pp

Employer contribution / active EE

$2,090

$3,084-32.2%

$2,914-28.3%

$4,662-55.2%

Participant deferral / active EE

$2,585

$4,645-44.3%

$4,321-40.2%

$6,690-61.4%

Admin fee / account holder

$234

$8,414-97.2%

$7,384-96.8%

$13,400-98.3%

CHRIST THE KING VINEYARD CHURCH RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHRIST THE KING VINEYARD CHURCH RETIREMENT PLAN AND TRUST

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