Retirement plan

BOYS & GIRLS CLUBS OF THE COASTAL BEND, INC. PENSION PLAN.

Name: BOYS & GIRLS CLUBS OF THE COASTAL BEND, INC. - BOYS & GIRLS CLUBS OF THE COASTAL BEND, INC. PENSION PLAN. (2024) Form 5500
Creator: BOYS & GIRLS CLUBS OF THE COASTAL BEND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOYS & GIRLS CLUBS OF THE COASTAL BEND, INC. PENSION PLAN., BOYS & GIRLS CLUBS OF THE COASTAL BEND, INC.

BOYS & GIRLS CLUBS OF THE COASTAL BEND, INC.EIN 74-1294586Plan #001PY 2024

3902 GREENWOOD DRIVE - CORPUS CHRISTI, TX 78416361-853-2505bgccb.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$227K

+15.8% from 2023

Total participants

+46.2% from 2023

Average account balance

$14,172

-49.4% from 2023

Annual return

12.62%

-3.32 pp from 2023

Benchmarks

See 50,137 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort50,137 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$227K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

94.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$364

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

+12.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40

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 codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$637

$37 / participant

Other / not subdivided$637100.0%

% of EOY assets

0.281%

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

$14,172

$88,710-84.0%

$81,783-82.7%

$145,959-90.3%

Participation rate

82.4%

75.0%+7.3pp

72.4%+10.0pp

80.3%+2.1pp

Annual return

12.62%

1027.26%-1014.6pp

775.05%-762.4pp

561.95%-549.3pp

Employer contribution / active EE

$364

$3,083-88.2%

$2,913-87.5%

$4,661-92.2%

Participant deferral / active EE

$4,645-100.0%

$4,320-100.0%

$6,689-100.0%

Admin fee / account holder

$40

$8,407-99.5%

$7,380-99.5%

$13,398-99.7%

BOYS & GIRLS CLUBS OF THE COASTAL BEND, INC. PENSION PLAN.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOYS & GIRLS CLUBS OF THE COASTAL BEND, INC. PENSION 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