Retirement plan

LOUISIANA CENTER FOR THE BLIND 403B PLAN

Name: LOUISIANA CENTER FOR THE BLIND - LOUISIANA CENTER FOR THE BLIND 403B PLAN (2024) Form 5500
Creator: LOUISIANA CENTER FOR THE BLIND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOUISIANA CENTER FOR THE BLIND 403B PLAN, LOUISIANA CENTER FOR THE BLIND

LOUISIANA CENTER FOR THE BLINDEIN 72-1111052Plan #001PY 2024

101 S TRENTON ST - RUSTON, LA 71270318-251-2891lcb-ruston.comLinkedIn1-10 employeesprofessional training & coaching

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$996K

+15.7% from 2023

Total participants

0.0% from 2023

Average account balance

$71,113

+24.0% from 2023

Annual return

12.28%

+1.90 pp from 2023

Benchmarks

See 109,389 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,389 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.15M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

92.9%

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

$3K

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

+11.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$509

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 codes2F2G2L2M2T3D

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.
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

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

$24K

$1702 / participant

Other / not subdivided$24K100.0%

% of EOY assets

2.394%

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

$71,113

$183,592-61.3%

$155,574-54.3%

$145,877-51.3%

Participation rate

92.9%

82.7%+10.2pp

78.2%+14.6pp

80.3%+12.6pp

Annual return

12.28%

61.37%-49.1pp

64.87%-52.6pp

551.28%-539.0pp

Employer contribution / active EE

$1,210

$5,317-77.2%

$4,676-74.1%

$4,663-74.0%

Participant deferral / active EE

$2,526

$6,466-60.9%

$5,629-55.1%

$6,691-62.2%

Admin fee / account holder

$1,702

$19,316-91.2%

$15,914-89.3%

$13,402-87.3%

LOUISIANA CENTER FOR THE BLIND 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOUISIANA CENTER FOR THE BLIND 403B 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