Retirement plan

CRAFT TRAINING CENTER OF THE COASTAL BEND 403(B) PLAN

Name: CRAFT TRAINING CENTER OF THE COASTAL BEND - CRAFT TRAINING CENTER OF THE COASTAL BEND 403(B) PLAN (2018) Form 5500
Creator: CRAFT TRAINING CENTER OF THE COASTAL BEND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CRAFT TRAINING CENTER OF THE COASTAL BEND 403(B) PLAN, CRAFT TRAINING CENTER OF THE COASTAL BEND

CRAFT TRAINING CENTER OF THE COASTAL BENDEIN 74-2468098Plan #001PY 2018

7433 LEOPARD - CORPUS CHRISTI, TX 78409361-289-1636LinkedIn11-50 employeesprimary/secondary education

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$268K

+11.6% from 2017

Total participants

+14.3% from 2017

Average account balance

$20,628

+20.1% from 2017

Annual return

-7.90%

-23.99 pp from 2017

Benchmarks

See 5,836 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,836 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$389K

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$42K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1001

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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$7K

$951 / participant

Other / not subdivided$7K100.0%

% of EOY assets

2.483%

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

$20,628

$69,541-70.3%

$59,899-65.6%

$135,380-84.8%

Participation rate

57.1%

77.8%-20.7pp

74.7%-17.6pp

82.6%-25.5pp

Annual return

-7.90%

7.95%-15.8pp

3.46%-11.4pp

519.81%-527.7pp

Employer contribution / active EE

$2,898

$3,236-10.4%

$2,723+6.4%

$4,779-39.4%

Participant deferral / active EE

$4,695

$4,206+11.6%

$3,402+38.0%

$5,609-16.3%

Admin fee / account holder

$512

$5,737-91.1%

$3,592-85.7%

$10,828-95.3%

CRAFT TRAINING CENTER OF THE COASTAL BEND 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CRAFT TRAINING CENTER OF THE COASTAL BEND 403(B) 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