Retirement plan

CENTER FOR CHILDREN AND FAMILIES, INC. BASIC EMPLOYER RETIREMENT CONTRIBUTION PLAN

Name: CENTER FOR CHILDREN AND FAMILIES, INC. - CENTER FOR CHILDREN AND FAMILIES, INC. BASIC EMPLOYER RETIREMENT CONTRIBUTION PLAN (2022) Form 5500
Creator: CENTER FOR CHILDREN AND FAMILIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTER FOR CHILDREN AND FAMILIES, INC. BASIC EMPLOYER RETIREMENT CONTRIBUTION PLAN, CENTER FOR CHILDREN AND FAMILIES, INC.

CENTER FOR CHILDREN AND FAMILIES, INC.EIN 73-0933253Plan #001PY 2022

210 SOUTH COCKREL AVENUE - NORMAN, OK 73071405-364-1420LinkedIn11-50 employeesindividual & family services

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$999K

-16.2% from 2021

Total participants

+18.0% from 2021

Average account balance

$13,870

-29.0% from 2021

Annual return

-17.65%

-32.74 pp from 2021

Benchmarks

See 19,709 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort19,709 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.36M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

236.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$94K

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

+12.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$294

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 codes2F2G2L3D

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.
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

2 tripped

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

$46K

$1359 / participant

Other / not subdivided$46K100.0%

% of EOY assets

4.627%

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

$13,870

$73,839-81.2%

$143,788-90.4%

$68,495-79.7%

Participation rate

100.0%

66.7%+33.3pp

80.3%+19.7pp

67.9%+32.1pp

Annual return

-17.65%

1.01%-18.7pp

-0.03%-17.6pp

-7.84%-9.8pp

Employer contribution / active EE

$1,118

$3,184-64.9%

$4,952-77.4%

$2,596-56.9%

Participant deferral / active EE

$691

$3,384-79.6%

$5,638-87.7%

$4,028-82.8%

Admin fee / account holder

$642

$5,755-88.8%

$14,675-95.6%

$5,403-88.1%

CENTER FOR CHILDREN AND FAMILIES, INC. BASIC EMPLOYER RETIREMENT CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTER FOR CHILDREN AND FAMILIES, INC. BASIC EMPLOYER RETIREMENT CONTRIBUTION 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