Retirement plan

HOUSTON WOMEN'S BUSINESS COUNCIL DBA WOMEN'S BUSINESS ENTERPRISE ALLIANCE 403(B) PLAN

Name: HOUSTON WOMENS BUSINESS COUNCIL - HOUSTON WOMEN'S BUSINESS COUNCIL DBA WOMEN'S BUSINESS ENTERPRISE ALLIANCE 403(B) PLAN (2019) Form 5500
Creator: HOUSTON WOMENS BUSINESS COUNCIL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOUSTON WOMEN'S BUSINESS COUNCIL DBA WOMEN'S BUSINESS ENTERPRISE ALLIANCE 403(B) PLAN, HOUSTON WOMENS BUSINESS COUNCIL

HOUSTON WOMENS BUSINESS COUNCILdba WOMEN'S BUSINESS ENTERPRISE ALLIANCEEIN 76-0458227Plan #001PY 2019

9800 NORTHWEST FREEWAY, SUITE 120 - HOUSTON, TX 77092713-681-9232

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$90K

+32.1% from 2018

Total participants

-7.7% from 2018

Average account balance

$11,214

+15.6% from 2018

Annual return

22.48%

+32.39 pp from 2018

Benchmarks

See 35,119 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,119 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$275K

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

58.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26

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 codes2L2M2G2J3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$393

$79 / participant

Other / not subdivided$393100.0%

% of EOY assets

0.438%

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

$11,214

$103,008-89.1%

$90,304-87.6%

$152,897-92.7%

Participation rate

20.0%

75.9%-55.9pp

73.3%-53.3pp

82.5%-62.5pp

Annual return

22.48%

95.22%-72.7pp

78.13%-55.7pp

345.43%-322.9pp

Employer contribution / active EE

$150

$3,139-95.2%

$2,855-94.7%

$4,764-96.9%

Participant deferral / active EE

$1,153

$4,281-73.1%

$3,885-70.3%

$5,851-80.3%

Admin fee / account holder

$49

$6,175-99.2%

$5,354-99.1%

$11,599-99.6%

HOUSTON WOMEN'S BUSINESS COUNCIL DBA WOMEN'S BUSINESS ENTERPRISE ALLIANCE 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOUSTON WOMEN'S BUSINESS COUNCIL DBA WOMEN'S BUSINESS ENTERPRISE ALLIANCE 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