Retirement plan

ST. JOSEPH CATHOLIC SCHOOL 401K RETIREMENT PLAN

Name: ST. JOSEPH CATHOLIC SCHOOL - ST. JOSEPH CATHOLIC SCHOOL 401K RETIREMENT PLAN (2022) Form 5500
Creator: ST. JOSEPH CATHOLIC SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. JOSEPH CATHOLIC SCHOOL 401K RETIREMENT PLAN, ST. JOSEPH CATHOLIC SCHOOL

ST. JOSEPH CATHOLIC SCHOOLEIN 91-1094780Plan #001PY 2022

1440 N. 16TH AVENUE - YAKIMA, WA 98902509-575-5557

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

-18.7% from 2021

Total participants

+27.8% from 2021

Average account balance

$33,403

No prior year

Annual return

-12.46%

-28.66 pp from 2021

Benchmarks

See 4,251 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,251 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.79M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

77.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$355K

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

+26.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15023

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 codes2E2F2G2J3D2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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.
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

$280K

$4833 / participant

Other / not subdivided$280K100.0%

% of EOY assets

15.833%

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

$33,403

$42,909-22.2%

$60,906-45.2%

$68,486-51.2%

Participation rate

72.4%

66.8%+5.6pp

73.1%-0.7pp

67.9%+4.5pp

Annual return

-12.46%

-13.99%+1.5pp

16.94%-29.4pp

-7.85%-4.6pp

Employer contribution / active EE

$1,136

$1,979-42.6%

$2,703-58.0%

$2,597-56.2%

Participant deferral / active EE

$1,357

$2,866-52.7%

$3,814-64.4%

$4,028-66.3%

Admin fee / account holder

$5,289

$3,104+70.4%

$3,227+63.9%

$5,404-2.1%

ST. JOSEPH CATHOLIC SCHOOL 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ST. JOSEPH CATHOLIC SCHOOL 401K RETIREMENT 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