Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF CENTER FOR INDEPENDENT LIVING FOR WESTERN WISCONSIN, INC.

Name: CENTER FOR INDEPENDENT LIVING - 403(B) THRIFT PLAN FOR EMPLOYEES OF CENTER FOR INDEPENDENT LIVING FOR WESTERN WISCONSIN, INC. (2024) Form 5500
Creator: CENTER FOR INDEPENDENT LIVING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF CENTER FOR INDEPENDENT LIVING FOR WESTERN WISCONSIN, INC., CENTER FOR INDEPENDENT LIVING

CENTER FOR INDEPENDENT LIVINGEIN 39-1758740Plan #002PY 2024

2920 SCHNEIDER AVE.E - MENOMONIE, WI 54751715-233-1070

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+19.4% from 2023

Total participants

-17.0% from 2023

Average account balance

$28,626

+32.3% from 2023

Annual return

16.07%

+0.15 pp from 2023

Benchmarks

See 21,710 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort21,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.27M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

144.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$136K

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

+14.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1880

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 codes2G3D2F2T

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$106K

$3549 / participant

Other / not subdivided$106K100.0%

% of EOY assets

10.052%

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

$28,626

$81,331-64.8%

$155,534-81.6%

$80,935-64.6%

Participation rate

76.7%

66.3%+10.4pp

78.2%-1.6pp

67.7%+9.0pp

Annual return

16.07%

33.37%-17.3pp

64.92%-48.8pp

35.66%-19.6pp

Employer contribution / active EE

$2,013

$3,105-35.2%

$4,675-56.9%

$2,757-27.0%

Participant deferral / active EE

$2,499

$3,454-27.7%

$5,630-55.6%

$4,299-41.9%

Admin fee / account holder

$2,878

$7,999-64.0%

$15,900-81.9%

$6,924-58.4%

403(B) THRIFT PLAN FOR EMPLOYEES OF CENTER FOR INDEPENDENT LIVING FOR WESTERN WISCONSIN, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF CENTER FOR INDEPENDENT LIVING FOR WESTERN WISCONSIN, 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