Retirement plan

HOUSING COUNSELING SERVICES, INC. 403(B) TAX DEFERRED ANNUITY PLAN

Name: HOUSING COUNSELING SERVICES, INC. - HOUSING COUNSELING SERVICES, INC. 403(B) TAX DEFERRED ANNUITY PLAN (2019) Form 5500
Creator: HOUSING COUNSELING SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOUSING COUNSELING SERVICES, INC. 403(B) TAX DEFERRED ANNUITY PLAN, HOUSING COUNSELING SERVICES, INC.

HOUSING COUNSELING SERVICES, INC.EIN 52-0958568Plan #001PY 2019

2410 17TH STREET NW, SUITE 100, ADAMS ALLEY - WASHINGTON, DC 20009202-667-7006housingetc.orgLinkedIn51-200 employeesmental health care

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.9M

+7.6% from 2018

Total participants

129

+14.2% from 2018

Average account balance

$40,447

-10.1% from 2018

Annual return

4.27%

-5.27 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.78M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

179

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.

93.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$747K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+3.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$25

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

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 codes2F2G2L2M2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$262K

$3536 / participant

Other / not subdivided$262K100.0%

% of EOY assets

5.347%

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

$40,447

$85,169-52.5%

$172,755-76.6%

$72,983-44.6%

Participation rate

89.2%

70.1%+19.1pp

82.6%+6.5pp

69.5%+19.7pp

Annual return

4.27%

27.32%-23.1pp

802.94%-798.7pp

81.01%-76.7pp

Employer contribution / active EE

$3,184

$3,324-4.2%

$5,144-38.1%

$2,440+30.5%

Participant deferral / active EE

$2,392

$3,260-26.6%

$5,198-54.0%

$3,608-33.7%

Admin fee / account holder

$2,163

$5,880-63.2%

$13,955-84.5%

$5,124-57.8%

HOUSING COUNSELING SERVICES, INC. 403(B) TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOUSING COUNSELING SERVICES, INC. 403(B) TAX DEFERRED ANNUITY 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