Retirement plan

403(B) THRIFT PLAN OF CRISIS SERVICES OF NORTH ALABAMA, INC.

Name: CRISIS SERCICES OF NORTH ALABAMA, INC. - 403(B) THRIFT PLAN OF CRISIS SERVICES OF NORTH ALABAMA, INC. (2022) Form 5500
Creator: CRISIS SERCICES OF NORTH ALABAMA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF CRISIS SERVICES OF NORTH ALABAMA, INC., CRISIS SERCICES OF NORTH ALABAMA, INC.

CRISIS SERCICES OF NORTH ALABAMA, INC.EIN 63-0841545Plan #003PY 2022

PO BOX 368 - HUNTSVILLE, AL 358040368256-716-4052csna.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow participationLow participant contribution

How to read this page

Total assets (EOY)

$1.4M

+23.3% from 2016

Total participants

105

+66.7% from 2016

Average account balance

$19,966

-7.1% from 2016

Annual return

-16.65%

-21.31 pp from 2016

Benchmarks

See 19,706 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,706 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.66M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

74.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$96K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$850

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

+16.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2211

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$174K

$2094 / participant

Other / not subdivided$174K100.0%

% of EOY assets

12.615%

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

$19,966

$73,848-73.0%

$143,799-86.1%

$68,486-70.8%

Participation rate

56.6%

66.7%-10.0pp

80.3%-23.7pp

67.9%-11.3pp

Annual return

-16.65%

0.91%-17.6pp

-0.04%-16.6pp

-7.85%-8.8pp

Employer contribution / active EE

$683

$3,184-78.6%

$4,952-86.2%

$2,597-73.7%

Participant deferral / active EE

$778

$3,385-77.0%

$5,638-86.2%

$4,028-80.7%

Admin fee / account holder

$2,519

$5,755-56.2%

$14,677-82.8%

$5,404-53.4%

403(B) THRIFT PLAN OF CRISIS SERVICES OF NORTH ALABAMA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF CRISIS SERVICES OF NORTH ALABAMA, INC.

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