Retirement plan

CHILDREN'S LAW CENTER EMPLOYEE TAX SHELTERED ANNUI TY

Name: NORTHERN KENTUCKY CHILDRENS LAW CENTER, INC. - CHILDREN'S LAW CENTER EMPLOYEE TAX SHELTERED ANNUI TY (2023) Form 5500
Creator: NORTHERN KENTUCKY CHILDRENS LAW CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHILDREN'S LAW CENTER EMPLOYEE TAX SHELTERED ANNUI TY, NORTHERN KENTUCKY CHILDRENS LAW CENTER, INC.

NORTHERN KENTUCKY CHILDRENS LAW CENTER, INC.EIN 61-1167352Plan #001PY 2023

1002 RUSSELL STREET - COVINGTON, KY 41011859-431-3313

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$358K

+29.1% from 2022

Total participants

-6.3% from 2022

Average account balance

$23,845

+37.7% from 2022

Annual return

14.08%

+27.96 pp from 2022

Benchmarks

See 139,849 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,849 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$524K

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

126.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

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

+16.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1789

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 codes2L2G2F

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.

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

$49K

$5496 / participant

Other / not subdivided$49K100.0%

% of EOY assets

13.830%

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

$23,845

$148,582-84.0%

$135,942-82.5%

$139,456-82.9%

Participation rate

100.0%

83.9%+16.1pp

81.9%+18.1pp

80.3%+19.7pp

Annual return

14.08%

79.26%-65.2pp

68.28%-54.2pp

373.45%-359.4pp

Employer contribution / active EE

$2,122

$5,245-59.5%

$4,858-56.3%

$4,753-55.4%

Participant deferral / active EE

$7,456

$8,101-8.0%

$7,759-3.9%

$6,711+11.1%

Admin fee / account holder

$3,298

$12,402-73.4%

$10,764-69.4%

$11,407-71.1%

CHILDREN'S LAW CENTER EMPLOYEE TAX SHELTERED ANNUI TY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHILDREN'S LAW CENTER EMPLOYEE TAX SHELTERED ANNUI TY

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