Retirement plan

403(B) THRIFT PLAN OF COMMUNITIES IN SCHOOLS OF WASHINGTON STATE

Name: COMMUNITIES IN SCHOOLS OF WASHINGTON STATE - 403(B) THRIFT PLAN OF COMMUNITIES IN SCHOOLS OF WASHINGTON STATE (2021) Form 5500
Creator: COMMUNITIES IN SCHOOLS OF WASHINGTON STATE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF COMMUNITIES IN SCHOOLS OF WASHINGTON STATE, COMMUNITIES IN SCHOOLS OF WASHINGTON STATE

COMMUNITIES IN SCHOOLS OF WASHINGTON STATEEIN 91-1541026Plan #003PY 2021

1010 S 336TH ST STE 205 - FEDERAL WAY, WA 980037354253-248-1991ciswa.orgLinkedIn1-10 employeesindividual & family services

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$187K

-45.7% from 2020

Total participants

+133.3% from 2020

Average account balance

$8,915

-76.7% from 2020

Annual return

10.28%

-4.36 pp from 2020

Benchmarks

See 6,471 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,471 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$669K

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

129.8%

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

+15.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$810

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 codes2F2G

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$282K

$15645 / participant

Other / not subdivided$282K100.0%

% of EOY assets

150.419%

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

$8,915

$84,708-89.5%

$75,714-88.2%

$167,536-94.7%

Participation rate

100.0%

77.8%+22.2pp

74.8%+25.2pp

82.1%+17.9pp

Annual return

10.28%

199.62%-189.3pp

104.62%-94.3pp

478.82%-468.5pp

Employer contribution / active EE

$942

$3,231-70.8%

$2,744-65.7%

$4,839-80.5%

Participant deferral / active EE

$3,984

$4,577-13.0%

$3,820+4.3%

$6,342-37.2%

Admin fee / account holder

$13,410

$5,358+150.3%

$3,619+270.6%

$12,315+8.9%

403(B) THRIFT PLAN OF COMMUNITIES IN SCHOOLS OF WASHINGTON STATE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF COMMUNITIES IN SCHOOLS OF WASHINGTON STATE

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