Retirement plan

403(B) THRIFT PLAN OF NORTHSOUND ASSOC. FOR CATHOLIC EDUCATION D/B/A ARCHBISHOP THOMAS J. MU

Name: NORTHSOUND ASSOC. FOR CATHOLIC EDUCATION D/B/A ARCHBISHOP THOMAS J. MU - 403(B) THRIFT PLAN OF NORTHSOUND ASSOC. FOR CATHOLIC EDUCATION D/B/A ARCHBISHOP THOMAS J. MU (2020) Form 5500
Creator: NORTHSOUND ASSOC. FOR CATHOLIC EDUCATION D/B/A ARCHBISHOP THOMAS J. MU
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF NORTHSOUND ASSOC. FOR CATHOLIC EDUCATION D/B/A ARCHBISHOP THOMAS J. MU, NORTHSOUND ASSOC. FOR CATHOLIC EDUCATION D/B/A ARCHBISHOP THOMAS J. MU

NORTHSOUND ASSOC. FOR CATHOLIC EDUCATION D/B/A ARCHBISHOP THOMAS J. MUEIN 91-1172031Plan #002PY 2020

12911 39TH AVE SE - EVERETT, WA 982086159425-379-6363

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6M

+25.1% from 2019

Total participants

+8.5% from 2019

Average account balance

$68,756

+17.9% from 2019

Annual return

22.40%

+4.02 pp from 2019

Benchmarks

See 8,769 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,769 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.21M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

56.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$529K

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

+12.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12602

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

$277K

$4191 / participant

Other / not subdivided$277K100.0%

% of EOY assets

4.624%

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

$68,756

$60,128+14.3%

$90,440-24.0%

$79,852-13.9%

Participation rate

97.0%

65.0%+32.0pp

72.7%+24.3pp

69.6%+27.3pp

Annual return

22.40%

71.95%-49.5pp

1294.38%-1272.0pp

31.72%-9.3pp

Employer contribution / active EE

$3,412

$2,068+65.0%

$3,263+4.6%

$2,471+38.1%

Participant deferral / active EE

$2,699

$2,939-8.1%

$3,964-31.9%

$3,740-27.8%

Admin fee / account holder

$3,179

$3,977-20.1%

$5,615-43.4%

$5,306-40.1%

403(B) THRIFT PLAN OF NORTHSOUND ASSOC. FOR CATHOLIC EDUCATION D/B/A ARCHBISHOP THOMAS J. MU

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF NORTHSOUND ASSOC. FOR CATHOLIC EDUCATION D/B/A ARCHBISHOP THOMAS J. MU

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