Retirement plan

THE COORDINATING CENTER 403(B) RETIREMENT PLAN

Name: THE COORDINATING CENTER FOR HOME & COMMUNITY CARE, INC. - THE COORDINATING CENTER 403(B) RETIREMENT PLAN (2024) Form 5500
Creator: THE COORDINATING CENTER FOR HOME & COMMUNITY CARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE COORDINATING CENTER 403(B) RETIREMENT PLAN, THE COORDINATING CENTER FOR HOME & COMMUNITY CARE, INC.

THE COORDINATING CENTER FOR HOME & COMMUNITY CARE, INC.EIN 52-1318341Plan #001PY 2024

8531 VETERANS HWY, THIRD FLOOR - MILLERSVILLE, MD 21108410-987-1048

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21.4M

+13.5% from 2023

Total participants

390

-9.7% from 2023

Average account balance

$60,932

+27.4% from 2023

Annual return

13.70%

-3.83 pp from 2023

Benchmarks

See 4,124 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,124 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.39M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

351

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.

86.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.45M

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

+13.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$328

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

Top 3 by compensation

Provider	Service type	Compensation
CLARK & ANDERSON PA9 years Service code 10 · EIN 52-1175264	Accounting	$43,221
ASCENSUS LLC7 years Service code 15 · EIN 11-3665754	Recordkeeping	$41,894
RBC WEALTH MANAGEMENT3 years Service code 27 · EIN 41-1416330	Advisory (Plan)	$29,996

Plan features & details

Pension benefit codes2S2M3D2G2F2T

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$115K

$398 / participant

Investment mgmt$30K26.1%
Contract admin$42K36.4%
Other / not subdivided$43K37.5%

% of EOY assets

0.538%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLARK & ANDERSON
Auditor EIN: 521175264
Audit fees: $43,221
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,932

$50,860+19.8%

$155,574-60.8%

$77,714-21.6%

Participation rate

86.5%

63.1%+23.4pp

78.2%+8.3pp

70.6%+15.9pp

Annual return

13.70%

34.86%-21.2pp

64.87%-51.2pp

31.26%-17.6pp

Employer contribution / active EE

$1,167

$1,991-41.4%

$4,676-75.0%

$2,727-57.2%

Participant deferral / active EE

$3,853

$2,825+36.4%

$5,629-31.6%

$4,649-17.1%

Admin fee / account holder

$328

$436-24.9%

$15,914-97.9%

$433-24.3%

Provider

Service type

Compensation

CLARK & ANDERSON PA9 years

Service code 10 · EIN 52-1175264

Accounting

$43,221

ASCENSUS LLC7 years

Service code 15 · EIN 11-3665754

Recordkeeping

$41,894

RBC WEALTH MANAGEMENT3 years

Service code 27 · EIN 41-1416330

Advisory (Plan)

$29,996

THE COORDINATING CENTER 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE COORDINATING CENTER 403(B) RETIREMENT 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