Retirement plan

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

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. MURPHY H.S. (2023) 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. MURPHY H.S., 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 2023

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.2M

+14.6% from 2022

Total participants

-11.3% from 2022

Average account balance

$76,482

+14.6% from 2022

Annual return

14.03%

+27.44 pp from 2022

Benchmarks

See 9,816 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,816 peers

Snapshot2023

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 codes2G2F2T

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

$481K

$6251 / participant

Other / not subdivided$481K100.0%

% of EOY assets

6.695%

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

$76,482

$57,312+33.4%

$86,617-11.7%

$75,181+1.7%

Participation rate

100.0%

63.2%+36.8pp

71.7%+28.3pp

67.2%+32.8pp

Annual return

14.03%

2672.78%-2658.8pp

591.91%-577.9pp

160.69%-146.7pp

Employer contribution / active EE

$3,404

$2,315+47.0%

$3,023+12.6%

$2,671+27.5%

Participant deferral / active EE

$3,324

$3,319+0.1%

$4,437-25.1%

$4,126-19.4%

Admin fee / account holder

$5,121

$4,114+24.5%

$5,613-8.8%

$5,650-9.4%

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

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. MURPHY H.S.

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