Retirement plan

HOUCHIN COMMUNITY BLOOD BANK 403(B) RETIREMENT PLAN

Name: HOUCHIN COMMUNITY BLOOD BANK 403(B) RETIREMENT PLAN - HOUCHIN COMMUNITY BLOOD BANK 403(B) RETIREMENT PLAN (2018) Form 5500
Creator: HOUCHIN COMMUNITY BLOOD BANK 403(B) RETIREMENT PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOUCHIN COMMUNITY BLOOD BANK 403(B) RETIREMENT PLAN, HOUCHIN COMMUNITY BLOOD BANK 403(B) RETIREMENT PLAN

HOUCHIN COMMUNITY BLOOD BANK 403(B) RETIREMENT PLANEIN 95-1726412Plan #001PY 2018

11515 BOLTHOUSE DR - BAKERSFIELD, CA 933118822661-323-4222hcbb.comLinkedIn51-200 employeeshospital & health care

Other plans on this EIN

1 filing

#002Retirement-$4.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.4M

-17.3% from 2017

Total participants

109

-0.9% from 2017

Average account balance

$56,504

-13.8% from 2017

Annual return

-3.34%

-24.68 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.19M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

130

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$465K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$263

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

1 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 codes2F2G2L2M2S2T

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$1.5M

$18568 / participant

Other / not subdivided$1M100.0%

% of EOY assets

27.042%

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

$56,504

$75,962-25.6%

$154,111-63.3%

$64,173-12.0%

Participation rate

83.5%

70.4%+13.1pp

83.0%+0.5pp

69.6%+14.0pp

Annual return

-3.34%

30.32%-33.7pp

735.18%-738.5pp

7.63%-11.0pp

Employer contribution / active EE

$1,765

$3,350-47.3%

$5,298-66.7%

$2,381-25.9%

Participant deferral / active EE

$4,728

$3,175+48.9%

$5,081-6.9%

$3,470+36.3%

Admin fee / account holder

$15,280

$5,589+173.4%

$13,411+13.9%

$4,887+212.6%

HOUCHIN COMMUNITY BLOOD BANK 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOUCHIN COMMUNITY BLOOD BANK 403(B) RETIREMENT 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