Retirement plan

403(B) THRIFT PLAN OF COASTAL BEND CENTER FOR INDEPENDENT LIVING

Name: COASTAL BEND CENTER FOR INDEPENDENT LIVING - 403(B) THRIFT PLAN OF COASTAL BEND CENTER FOR INDEPENDENT LIVING (2016) Form 5500
Creator: COASTAL BEND CENTER FOR INDEPENDENT LIVING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF COASTAL BEND CENTER FOR INDEPENDENT LIVING, COASTAL BEND CENTER FOR INDEPENDENT LIVING

COASTAL BEND CENTER FOR INDEPENDENT LIVINGEIN 74-2878070Plan #002PY 2016

P.O. BOX 331660 - CORPUS CHRISTI, TX 78463361-334-1206cbcil.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$305K

No prior year

Total participants

No prior year

Average account balance

$12,183

No prior year

Annual return

6.75%

No prior year

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.19M

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

169.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$123K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2767

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 codes2L2F2G2T

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.
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.

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$18K

$848 / participant

Other / not subdivided$18K100.0%

% of EOY assets

5.847%

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

$12,183

$181,896-93.3%

$156,551-92.2%

$273,972-95.6%

Participation rate

95.2%

88.4%+6.9pp

84.0%+11.2pp

83.0%+12.2pp

Annual return

6.75%

30.74%-24.0pp

32.23%-25.5pp

41.46%-34.7pp

Employer contribution / active EE

$1,562

$6,248-75.0%

$5,501-71.6%

$4,869-67.9%

Participant deferral / active EE

$1,013

$5,550-81.8%

$4,871-79.2%

$5,287-80.8%

Admin fee / account holder

$712

$15,560-95.4%

$13,028-94.5%

$10,133-93.0%

403(B) THRIFT PLAN OF COASTAL BEND CENTER FOR INDEPENDENT LIVING

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF COASTAL BEND CENTER FOR INDEPENDENT LIVING

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