Retirement plan

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

Name: H STREET COMMUNITY DEVELOPMENT CORPORATION - 403(B) THRIFT PLAN OF H STREET COMMUNITY DEVELOPMENT CORPORATION (2023) Form 5500
Creator: H STREET COMMUNITY DEVELOPMENT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF H STREET COMMUNITY DEVELOPMENT CORPORATION, H STREET COMMUNITY DEVELOPMENT CORPORATION

H STREET COMMUNITY DEVELOPMENT CORPORATIONEIN 52-1356903Plan #001PY 2023

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

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$959K

-19.6% from 2022

Total participants

0.0% from 2022

Average account balance

$136,986

-19.6% from 2022

Annual return

4.75%

+11.71 pp from 2022

Benchmarks

See 445 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort445 peers

Snapshot2023

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

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

$345K

$86254 / participant

Other / not subdivided$345K100.0%

% of EOY assets

35.980%

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

$136,986

$77,707+76.3%

$70,161+95.2%

$139,456-1.8%

Participation rate

100.0%

83.1%+16.9pp

78.8%+21.2pp

80.3%+19.7pp

Annual return

4.75%

19.30%-14.5pp

19.08%-14.3pp

373.45%-368.7pp

Employer contribution / active EE

$5,855

$4,986+17.4%

$4,285+36.6%

$4,753+23.2%

Participant deferral / active EE

$7,625

$6,443+18.3%

$5,394+41.4%

$6,711+13.6%

Admin fee / account holder

$49,288

$5,397+813.3%

$4,581+976.0%

$11,407+332.1%

403(B) THRIFT PLAN 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 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