Retirement plan

CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS 403(B) DC PLAN

Name: CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS, INC. - CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS 403(B) DC PLAN (2024) Form 5500
Creator: CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS 403(B) DC PLAN, CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS, INC.

CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS, INC.EIN 95-2465881Plan #001PY 2024

100 N BRAND BLVD, #632 - GLENDALE, CA 91203818-845-0800caisca.orgLinkedIn1-10 employeeseducation management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

+18.1% from 2023

Total participants

0.0% from 2023

Average account balance

$98,152

+18.1% from 2023

Annual return

13.21%

+0.77 pp from 2023

Benchmarks

See 8,067 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort8,067 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.47M

Not enough data

1 years with asset history on file

Average account balance

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

$98K

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.

136.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$131K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+13.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4667

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 codes2L2F2G2T3D

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.
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

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

$70K

$6364 / participant

Other / not subdivided$70K100.0%

% of EOY assets

4.755%

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

$98,152

$72,403+35.6%

$67,524+45.4%

$145,978-32.8%

Participation rate

90.9%

76.9%+14.0pp

72.9%+18.0pp

80.3%+10.6pp

Annual return

13.21%

7197.23%-7184.0pp

3519.41%-3506.2pp

550.52%-537.3pp

Employer contribution / active EE

$7,263

$3,072+136.5%

$2,734+165.7%

$4,662+55.8%

Participant deferral / active EE

$4,691

$4,782-1.9%

$4,001+17.2%

$6,690-29.9%

Admin fee / account holder

$4,667

$5,541-15.8%

$4,001+16.6%

$13,400-65.2%

CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS 403(B) DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA ASSOCIATION OF INDEPENDENT SCHOOLS 403(B) DC 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