Retirement plan

403(B) THRIFT PLAN OF PARENT CHILD CENTER OF TULSA, INC.

Name: PARENT CHILD CENTER OF TULSA, INC. - 403(B) THRIFT PLAN OF PARENT CHILD CENTER OF TULSA, INC. (2023) Form 5500
Creator: PARENT CHILD CENTER OF TULSA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF PARENT CHILD CENTER OF TULSA, INC., PARENT CHILD CENTER OF TULSA, INC.

PARENT CHILD CENTER OF TULSA, INC.EIN 73-1113167Plan #003PY 2023

1421 S BOSTON AVE - TULSA, OK 741193607918-599-7999parentchildcenter.orgLinkedIn51-200 employeesindividual & family services

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$1.7M

+1.3% from 2022

Total participants

122

+15.1% from 2022

Average account balance

$15,199

-16.2% from 2022

Annual return

21.97%

+20.14 pp from 2022

Benchmarks

See 9,806 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,806 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.29M

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.

113

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.

116.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$333K

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

+16.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3767

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 codes2F2G2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$642K

$6828 / participant

Other / not subdivided$642K100.0%

% of EOY assets

38.392%

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

$15,199

$57,330-73.5%

$86,656-82.5%

$75,177-79.8%

Participation rate

87.2%

63.2%+24.0pp

71.7%+15.5pp

67.2%+20.0pp

Annual return

21.97%

2675.40%-2653.4pp

593.09%-571.1pp

160.75%-138.8pp

Employer contribution / active EE

$1,153

$2,316-50.2%

$3,025-61.9%

$2,671-56.8%

Participant deferral / active EE

$1,861

$3,320-43.9%

$4,439-58.1%

$4,126-54.9%

Admin fee / account holder

$5,835

$4,115+41.8%

$5,619+3.9%

$5,651+3.3%

403(B) THRIFT PLAN OF PARENT CHILD CENTER OF TULSA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF PARENT CHILD CENTER OF TULSA, 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