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 (2019) 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 2019

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

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$252K

-6.1% from 2018

Total participants

-25.0% from 2018

Average account balance

$27,979

+35.6% from 2018

Annual return

17.26%

+25.16 pp from 2018

Benchmarks

See 6,052 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,052 peers

Snapshot2019

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

$99K

$14205 / participant

Other / not subdivided$99K100.0%

% of EOY assets

39.489%

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

$27,979

$77,416-63.9%

$69,464-59.7%

$152,897-81.7%

Participation rate

57.1%

78.1%-20.9pp

74.6%-17.5pp

82.5%-25.3pp

Annual return

17.26%

39.08%-21.8pp

28.98%-11.7pp

345.43%-328.2pp

Employer contribution / active EE

$2,884

$3,315-13.0%

$2,779+3.8%

$4,764-39.5%

Participant deferral / active EE

$2,342

$4,413-46.9%

$3,536-33.8%

$5,851-60.0%

Admin fee / account holder

$11,048

$6,208+78.0%

$3,840+187.7%

$11,599-4.7%

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