Retirement plan

CATHOLIC CHARITIES, DIOCESE OF LUBBOCK, INC.

Name: CATHOLIC CHARITIES, DIOCESE OF - CATHOLIC CHARITIES, DIOCESE OF LUBBOCK, INC. (2023) Form 5500
Creator: CATHOLIC CHARITIES, DIOCESE OF
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CATHOLIC CHARITIES, DIOCESE OF LUBBOCK, INC., CATHOLIC CHARITIES, DIOCESE OF

CATHOLIC CHARITIES, DIOCESE OFEIN 75-1966688Plan #003PY 2023

102 AVENUE J - LUBBOCK, TX 794011438806-765-8475cclubbock.orgLinkedIn11-50 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

+25.3% from 2022

Total participants

+24.4% from 2022

Average account balance

$22,854

+0.2% from 2022

Annual return

13.46%

+20.71 pp from 2022

Benchmarks

See 20,797 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,797 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.28M

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.

117.5%

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

$3K

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

+12.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2709

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 codes2G3D2J

Plan features

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

$73K

$1962 / participant

Other / not subdivided$73K100.0%

% of EOY assets

6.354%

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

$22,854

$77,920-70.7%

$149,723-84.7%

$75,177-69.6%

Participation rate

83.8%

65.6%+18.2pp

78.8%+5.0pp

67.2%+16.6pp

Annual return

13.46%

31.72%-18.3pp

134.50%-121.0pp

160.75%-147.3pp

Employer contribution / active EE

$1,654

$3,138-47.3%

$4,821-65.7%

$2,671-38.1%

Participant deferral / active EE

$1,198

$3,411-64.9%

$5,682-78.9%

$4,126-71.0%

Admin fee / account holder

$1,452

$5,951-75.6%

$13,215-89.0%

$5,651-74.3%

CATHOLIC CHARITIES, DIOCESE OF LUBBOCK, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CATHOLIC CHARITIES, DIOCESE OF LUBBOCK, INC.

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