Retirement plan

403(B) THRIFT PLAN OF CONNECTIONS FOR THE HOMELESS, INC.

Name: CONNECTIONS FOR THE HOMELESS, - 403(B) THRIFT PLAN OF CONNECTIONS FOR THE HOMELESS, INC. (2022) Form 5500
Creator: CONNECTIONS FOR THE HOMELESS,
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF CONNECTIONS FOR THE HOMELESS, INC., CONNECTIONS FOR THE HOMELESS,

CONNECTIONS FOR THE HOMELESS,EIN 36-3346917Plan #001PY 2022

2121 DEWEY AVE - EVANSTON, IL 602013057224-795-3918connect2home.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$783K

-4.3% from 2021

Total participants

+12.2% from 2021

Average account balance

$11,350

-11.3% from 2021

Annual return

-16.37%

-34.33 pp from 2021

Benchmarks

See 19,706 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,706 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.61M

Not enough data

1 years with asset history on file

Average account balance

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

$15K

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.

110

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.

103.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$422K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$973

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 codes2G3D2J2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$92K

$1556 / participant

Other / not subdivided$92K100.0%

% of EOY assets

11.722%

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

$11,350

$73,848-84.6%

$143,799-92.1%

$68,486-83.4%

Participation rate

76.3%

66.7%+9.6pp

80.3%-4.0pp

67.9%+8.4pp

Annual return

-16.37%

0.91%-17.3pp

-0.04%-16.3pp

-7.85%-8.5pp

Employer contribution / active EE

$1,407

$3,184-55.8%

$4,952-71.6%

$2,597-45.8%

Participant deferral / active EE

$1,812

$3,385-46.5%

$5,638-67.9%

$4,028-55.0%

Admin fee / account holder

$1,330

$5,755-76.9%

$14,677-90.9%

$5,404-75.4%

403(B) THRIFT PLAN OF CONNECTIONS FOR THE HOMELESS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF CONNECTIONS FOR THE HOMELESS, INC.

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