Retirement plan

CALIFORNIA ASSOCIATION OF HIGHWAY PATROLMEN INC 401K PROFIT SHARING PLAN

Name: CALIFORNIA ASSOCIATION OF HIGHWAY PATROLMEN INC - CALIFORNIA ASSOCIATION OF HIGHWAY PATROLMEN INC 401K PROFIT SHARING PLAN (2023) Form 5500
Creator: CALIFORNIA ASSOCIATION OF HIGHWAY PATROLMEN INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA ASSOCIATION OF HIGHWAY PATROLMEN INC 401K PROFIT SHARING PLAN, CALIFORNIA ASSOCIATION OF HIGHWAY PATROLMEN INC

CALIFORNIA ASSOCIATION OF HIGHWAY PATROLMEN INCEIN 94-0355930Plan #003PY 2023

2030 V STREET - SACRAMENTO, CA 958180000916-452-6751thecahp.orgLinkedIn11-50 employeeslaw enforcement

Other plans on this EIN

1 filing

#001Retirement-$9.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.7M

+16.9% from 2022

Total participants

0.0% from 2022

Average account balance

$171,089

+16.9% from 2022

Annual return

13.30%

+28.13 pp from 2022

Benchmarks

See 41,776 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort41,776 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.89M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

172.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$105K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+10.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13654

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 codes2E2G2J3D

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.
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

$60K

$6678 / participant

Other / not subdivided$60K100.0%

% of EOY assets

2.196%

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

$171,089

$96,691+76.9%

$86,656+97.4%

$139,487+22.7%

Participation rate

100.0%

74.4%+25.6pp

71.7%+28.3pp

80.3%+19.7pp

Annual return

13.30%

106.87%-93.6pp

593.09%-579.8pp

373.84%-360.5pp

Employer contribution / active EE

$3,399

$3,267+4.0%

$3,025+12.4%

$4,755-28.5%

Participant deferral / active EE

$11,683

$4,838+141.5%

$4,439+163.2%

$6,713+74.1%

Admin fee / account holder

$3,757

$6,414-41.4%

$5,619-33.1%

$11,407-67.1%

CALIFORNIA ASSOCIATION OF HIGHWAY PATROLMEN INC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA ASSOCIATION OF HIGHWAY PATROLMEN INC 401K PROFIT SHARING 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