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 (2020) 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 2020

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$343K

+36.3% from 2019

Total participants

-8.3% from 2019

Average account balance

$34,327

+22.7% from 2019

Annual return

25.14%

+7.88 pp from 2019

Benchmarks

See 6,199 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,199 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$489K

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

171.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$79

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

1 tripped

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

$18K

$2619 / participant

Other / not subdivided$18K100.0%

% of EOY assets

5.341%

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

$34,327

$81,643-58.0%

$70,462-51.3%

$158,950-78.4%

Participation rate

85.7%

77.7%+8.0pp

75.1%+10.7pp

82.0%+3.8pp

Annual return

25.14%

208.51%-183.4pp

109.08%-83.9pp

302.91%-277.8pp

Employer contribution / active EE

$2,088

$3,218-35.1%

$2,737-23.7%

$4,762-56.1%

Participant deferral / active EE

$4,519

$4,555-0.8%

$3,710+21.8%

$5,983-24.5%

Admin fee / account holder

$1,834

$6,194-70.4%

$3,845-52.3%

$11,248-83.7%

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