Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF H STREET COMMUNITY DEVELOPMENT CORPORATION

Name: H STREET COMMUNITY DEVELOPMENT - 403(B) THRIFT PLAN FOR EMPLOYEES OF H STREET COMMUNITY DEVELOPMENT CORPORATION (2022) Form 5500
Creator: H STREET COMMUNITY DEVELOPMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF H STREET COMMUNITY DEVELOPMENT CORPORATION, H STREET COMMUNITY DEVELOPMENT

H STREET COMMUNITY DEVELOPMENTEIN 52-1356903Plan #001PY 2022

HUMAN RESOURCE DEPARTMENT, 916 PENNSYLVANIA AVE SE - WASHINGTON, DC 200032140202-544-8353

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.2M

+5.1% from 2021

Total participants

+16.7% from 2021

Average account balance

$170,469

-9.9% from 2021

Annual return

-6.96%

-23.47 pp from 2021

Benchmarks

See 427 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort427 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$824K

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$45K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+6.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40145

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 codes2F2G2T3D

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

1 tripped

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

$1 / participant

Other / not subdivided$6100.0%

% of EOY assets

0.001%

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

$170,469

$67,214+153.6%

$61,491+177.2%

$134,532+26.7%

Participation rate

100.0%

83.7%+16.3pp

79.3%+20.7pp

81.2%+18.8pp

Annual return

-6.96%

-12.08%+5.1pp

-12.98%+6.0pp

418.27%-425.2pp

Employer contribution / active EE

$20,737

$4,974+316.9%

$4,246+388.4%

$4,741+337.4%

Participant deferral / active EE

$6,750

$6,103+10.6%

$5,188+30.1%

$6,401+5.5%

Admin fee / account holder

$4,610-100.0%

$4,312-100.0%

$11,429-100.0%

403(B) THRIFT PLAN FOR EMPLOYEES OF H STREET COMMUNITY DEVELOPMENT CORPORATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF H STREET COMMUNITY DEVELOPMENT CORPORATION

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