Retirement plan

SAINT COLETTA OF GREATER WASHINGTON, INC. 403(B) PLAN

Name: SAINT COLETTA OF GREATER WASHINGTON, INC. - SAINT COLETTA OF GREATER WASHINGTON, INC. 403(B) PLAN (2016) Form 5500
Creator: SAINT COLETTA OF GREATER WASHINGTON, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAINT COLETTA OF GREATER WASHINGTON, INC. 403(B) PLAN, SAINT COLETTA OF GREATER WASHINGTON, INC.

SAINT COLETTA OF GREATER WASHINGTON, INC.EIN 54-0968224Plan #001PY 2016

1901 INDEPENDENCE AVE SE - WASHINGTON, DC 20003202-350-8637

Prospect flagsHigh retiree %Low returnsLow participation

How to read this page

Total assets (EOY)

$5.3M

No prior year

Total participants

475

No prior year

Average account balance

$14,082

No prior year

Annual return

1.79%

No prior year

Benchmarks

See 783 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort783 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.81M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

186

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.

24.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$586K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$91

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.1+ years Service code 13 · EIN 27-2037969	Contract Administrator	$6,089

Plan features & details

Pension benefit codes2F2G2K2L2T

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.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract 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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$6K

$19 / participant

Contract admin$6K100.0%

% of EOY assets

0.115%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CLIFTON LARSON ALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,082

$39,859-64.7%

$78,676-82.1%

$57,658-75.6%

Participation rate

69.6%

66.1%+3.5pp

73.6%-4.0pp

70.2%-0.6pp

Annual return

1.79%

18.96%-17.2pp

62.19%-60.4pp

5.13%-3.3pp

Employer contribution / active EE

$756

$1,786-57.7%

$2,850-73.5%

$1,974-61.7%

Participant deferral / active EE

$1,448

$2,248-35.6%

$3,517-58.8%

$3,061-52.7%

Admin fee / account holder

$16

$76-78.7%

$4,510-99.6%

$95-82.8%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1+ years

Service code 13 · EIN 27-2037969

Contract Administrator

$6,089

SAINT COLETTA OF GREATER WASHINGTON, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAINT COLETTA OF GREATER WASHINGTON, INC. 403(B) 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