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 (2021) 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 2021

PO BOX 331660 - CORPUS CHRISTI, TX 784631660361-334-1206cbcil.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$791K

+22.4% from 2020

Total participants

-5.7% from 2020

Average account balance

$23,955

+22.4% from 2020

Annual return

13.14%

-1.93 pp from 2020

Benchmarks

See 18,805 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,805 peers

Snapshot2021

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 codes2F2G2T

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.
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

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

$33K

$1308 / participant

Other / not subdivided$33K100.0%

% of EOY assets

4.136%

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

$23,955

$95,406-74.9%

$185,849-87.1%

$85,847-72.1%

Participation rate

100.0%

68.8%+31.2pp

81.7%+18.3pp

69.3%+30.7pp

Annual return

13.14%

23.59%-10.5pp

122.10%-109.0pp

318.61%-305.5pp

Employer contribution / active EE

$2,204

$3,314-33.5%

$5,169-57.4%

$2,565-14.1%

Participant deferral / active EE

$1,471

$3,424-57.0%

$5,569-73.6%

$3,952-62.8%

Admin fee / account holder

$991

$7,214-86.3%

$16,244-93.9%

$6,261-84.2%

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