Retirement plan

CHILDREN AND FAMILIES FIRST DELAWARE, INC 401(K) PLAN

Name: CHILDREN & FAMILIES FIRST DELAWARE, INC. - CHILDREN AND FAMILIES FIRST DELAWARE, INC 401(K) PLAN (2024) Form 5500
Creator: CHILDREN & FAMILIES FIRST DELAWARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHILDREN AND FAMILIES FIRST DELAWARE, INC 401(K) PLAN, CHILDREN & FAMILIES FIRST DELAWARE, INC.

CHILDREN & FAMILIES FIRST DELAWARE, INC.EIN 51-0065731Plan #002PY 2024

555 JUSTISON STREET - STE 150 - WILMINGTON, DE 19801302-658-5177cffde.orgLinkedIn201-500 employeesindividual & family services

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$7.6M

+15.1% from 2023

Total participants

480

-8.9% from 2023

Average account balance

$18,173

+29.7% from 2023

Annual return

13.22%

-2.40 pp from 2023

Benchmarks

See 4,141 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,141 peers

Snapshot2024

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$7.45M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

257

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.

83.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

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

+15.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$264

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

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA SEC. CORP LLC1 year Service code 15 320 PARK AVENUE · NEW YORK, NY 10022	Recordkeeping	$18,908
WILSHIRE ASSOCIATES INCORPORATED1 year Filed as: WILSHIRE ASSOCIATES Service code 31 1299 OCEAN AVE · SANTA MONICA, CA 90401	Named fiduciary	$12,775
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 PO BOX 55979 · BOSTON, MA 02205	Recordkeeping	$3,423

Plan features & details

Pension benefit codes2G2F3D2J2K2E2S2T

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.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$51K

$116 / participant

Recordkeeping$19K37.3%
Investment mgmt$13K25.2%
Other / not subdivided$19K37.5%

% of EOY assets

0.667%

all-in expense ratio

Categories reported

2 / 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: GUNNIP & COMPANY LLP
Auditor EIN: 510076769
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,173

$50,815-64.2%

$155,509-88.3%

$77,643-76.6%

Participation rate

85.8%

63.1%+22.7pp

78.2%+7.6pp

70.6%+15.2pp

Annual return

13.22%

34.80%-21.6pp

64.67%-51.4pp

31.24%-18.0pp

Employer contribution / active EE

$746

$1,993-62.6%

$4,672-84.0%

$2,726-72.6%

Participant deferral / active EE

$1,715

$2,822-39.2%

$5,626-69.5%

$4,647-63.1%

Admin fee / account holder

$121

$437-72.2%

$15,912-99.2%

$430-71.8%

Provider

Service type

Compensation

MUTUAL OF AMERICA SEC. CORP LLC1 year

Service code 15

320 PARK AVENUE · NEW YORK, NY 10022

Recordkeeping

$18,908

WILSHIRE ASSOCIATES INCORPORATED1 year

Filed as: WILSHIRE ASSOCIATES

Service code 31

1299 OCEAN AVE · SANTA MONICA, CA 90401

Named fiduciary

$12,775

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK LIFE INSURANCE

Service code 15

PO BOX 55979 · BOSTON, MA 02205

Recordkeeping

$3,423

CHILDREN AND FAMILIES FIRST DELAWARE, INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHILDREN AND FAMILIES FIRST DELAWARE, INC 401(K) PLAN

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