Retirement plan

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

Name: CRAFT TRAINING CENTER OF THE COASTA - CRAFT TRAINING CENTER OF THE COASTAL BEND 403(B) PLAN (2022) Form 5500
Creator: CRAFT TRAINING CENTER OF THE COASTA
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 COASTA

CRAFT TRAINING CENTER OF THE COASTAEIN 74-2468098Plan #001PY 2022

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

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$383K

-14.0% from 2021

Total participants

-8.3% from 2021

Average account balance

$34,820

-6.2% from 2021

Annual return

-25.88%

-39.39 pp from 2021

Benchmarks

See 6,939 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,939 peers

Snapshot2022

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$295 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.462%

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

$34,820

$67,352-48.3%

$60,899-42.8%

$134,509-74.1%

Participation rate

100.0%

76.2%+23.8pp

73.1%+26.9pp

81.2%+18.8pp

Annual return

-25.88%

49.99%-75.9pp

16.92%-42.8pp

418.13%-444.0pp

Employer contribution / active EE

$2,201

$3,098-29.0%

$2,702-18.6%

$4,741-53.6%

Participant deferral / active EE

$6,888

$4,539+51.8%

$3,817+80.5%

$6,400+7.6%

Admin fee / account holder

$161

$4,585-96.5%

$3,225-95.0%

$11,427-98.6%

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