Retirement plan

COUNCIL ON LICENSURE, ENFORCEMENT AND REGULATIONS, INC. DC RETIREMENT PLAN

Name: COUNCIL ON LICENSURE, ENFORCEMENT AND REGULATIONS, INC. - COUNCIL ON LICENSURE, ENFORCEMENT AND REGULATIONS, INC. DC RETIREMENT PLAN (2024) Form 5500
Creator: COUNCIL ON LICENSURE, ENFORCEMENT AND REGULATIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COUNCIL ON LICENSURE, ENFORCEMENT AND REGULATIONS, INC. DC RETIREMENT PLAN, COUNCIL ON LICENSURE, ENFORCEMENT AND REGULATIONS, INC.

COUNCIL ON LICENSURE, ENFORCEMENT AND REGULATIONS, INC.EIN 61-1267676Plan #001PY 2024

108 WIND HAVEN DRIVE, SUITE A - NICHOLASVILLE, KY 40356859-269-1401clearhq.orgLinkedIn11-50 employeesgovernment administration

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.5M

+15.0% from 2023

Total participants

+12.5% from 2023

Average account balance

$100,744

+7.4% from 2023

Annual return

11.53%

-4.17 pp from 2023

Benchmarks

See 143,710 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort143,710 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.51M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

136.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$65K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1261

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 codes2F2G2L2M2T

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$19K

$1720 / participant

Other / not subdivided$19K100.0%

% of EOY assets

1.252%

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

$100,744

$160,040-37.1%

$147,096-31.5%

$145,877-30.9%

Participation rate

72.7%

84.0%-11.3pp

82.2%-9.5pp

80.3%-7.6pp

Annual return

11.53%

98.49%-87.0pp

419.75%-408.2pp

551.28%-539.8pp

Employer contribution / active EE

$3,293

$5,289-37.7%

$4,936-33.3%

$4,663-29.4%

Participant deferral / active EE

$2,619

$8,429-68.9%

$8,071-67.6%

$6,691-60.9%

Admin fee / account holder

$1,261

$15,050-91.6%

$13,005-90.3%

$13,402-90.6%

COUNCIL ON LICENSURE, ENFORCEMENT AND REGULATIONS, INC. DC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COUNCIL ON LICENSURE, ENFORCEMENT AND REGULATIONS, INC. DC 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