Retirement plan

403(B) THRIFT PLAN OF CHRIST CHILD SOCIETY OF DETROIT

Name: CHRIST CHILD SOCIETY OF DETROIT - 403(B) THRIFT PLAN OF CHRIST CHILD SOCIETY OF DETROIT (2019) Form 5500
Creator: CHRIST CHILD SOCIETY OF DETROIT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF CHRIST CHILD SOCIETY OF DETROIT, CHRIST CHILD SOCIETY OF DETROIT

CHRIST CHILD SOCIETY OF DETROITEIN 38-1404582Plan #002PY 2019

15751 JOY RD - DETROIT, MI 482282117313-584-6077ccsdetroit.orgLinkedIn11-50 employeescivic & social organization

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2M

-1.4% from 2018

Total participants

+6.9% from 2018

Average account balance

$65,080

-8.0% from 2018

Annual return

14.03%

+15.80 pp from 2018

Benchmarks

See 104,301 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,301 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$998K

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$98K

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

+13.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5032

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 codes2F2G2T

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.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$359K

$18897 / participant

Other / not subdivided$359K100.0%

% of EOY assets

18.390%

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

$65,080

$202,342-67.8%

$172,753-62.3%

$152,909-57.4%

Participation rate

94.7%

87.1%+7.7pp

82.6%+12.1pp

82.5%+12.3pp

Annual return

14.03%

1029.88%-1015.8pp

803.00%-789.0pp

345.46%-331.4pp

Employer contribution / active EE

$1,955

$5,857-66.6%

$5,144-62.0%

$4,764-59.0%

Participant deferral / active EE

$791

$5,948-86.7%

$5,198-84.8%

$5,851-86.5%

Admin fee / account holder

$11,968

$17,112-30.1%

$13,956-14.2%

$11,601+3.2%

403(B) THRIFT PLAN OF CHRIST CHILD SOCIETY OF DETROIT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF CHRIST CHILD SOCIETY OF DETROIT

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