Retirement plan

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

Name: COMMUNITIES IN SCHOOLS OF WASH - 403(B) THRIFT PLAN FOR EMPLOYEES OF COMMUNITIES IN SCHOOLS OF WASHINGTON STATE (2024) Form 5500
Creator: COMMUNITIES IN SCHOOLS OF WASH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF COMMUNITIES IN SCHOOLS OF WASHINGTON STATE, COMMUNITIES IN SCHOOLS OF WASH

COMMUNITIES IN SCHOOLS OF WASHEIN 91-1541026Plan #003PY 2024

1001 PACIFIC AVE. STE. 240 - TACOMA, WA 98402253-248-1991ciswa.orgLinkedIn1-10 employeesindividual & family services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$516K

+59.7% from 2023

Total participants

+34.6% from 2023

Average account balance

$10,540

+36.9% from 2023

Annual return

25.72%

+12.96 pp from 2023

Benchmarks

See 4,475 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,475 peers

Snapshot2024

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 codes2G3D2J2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$11K

$206 / participant

Other / not subdivided$11K100.0%

% of EOY assets

2.115%

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

$10,540

$48,314-78.2%

$67,561-84.4%

$80,925-87.0%

Participation rate

60.4%

66.4%-6.0pp

72.9%-12.5pp

67.7%-7.3pp

Annual return

25.72%

18.28%+7.4pp

3525.44%-3499.7pp

35.65%-9.9pp

Employer contribution / active EE

$832

$2,022-58.9%

$2,735-69.6%

$2,756-69.8%

Participant deferral / active EE

$1,446

$2,927-50.6%

$4,003-63.9%

$4,299-66.4%

Admin fee / account holder

$223

$3,690-94.0%

$4,006-94.4%

$6,940-96.8%

403(B) THRIFT PLAN FOR EMPLOYEES 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 FOR EMPLOYEES 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