Retirement plan

WEST HOLLYWOOD COMMUNITY HOUSING CORP. 403(B) RETIREMENT PLAN

Name: WEST HOLLYWOOD COMMUNITY HOUSING CORP. - WEST HOLLYWOOD COMMUNITY HOUSING CORP. 403(B) RETIREMENT PLAN (2023) Form 5500
Creator: WEST HOLLYWOOD COMMUNITY HOUSING CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WEST HOLLYWOOD COMMUNITY HOUSING CORP. 403(B) RETIREMENT PLAN, WEST HOLLYWOOD COMMUNITY HOUSING CORP.

WEST HOLLYWOOD COMMUNITY HOUSING CORP.EIN 95-4122368Plan #002PY 2023

7530 SANTA MONICA BLVD STE 1 - WEST HOLLYWOOD, CA 90046323-650-8771whchc.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

+37.6% from 2022

Total participants

+12.1% from 2022

Average account balance

$64,353

+18.0% from 2022

Annual return

20.73%

+33.66 pp from 2022

Benchmarks

See 4,117 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort4,117 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.81M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

118.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$287K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+16.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3141

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 codes2M3D2G2F2T2L

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.
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

$16K

$625 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.693%

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

$64,353

$70,684-9.0%

$169,397-62.0%

$75,177-14.4%

Participation rate

92.0%

64.8%+27.2pp

77.2%+14.8pp

67.2%+24.8pp

Annual return

20.73%

36.38%-15.7pp

406.23%-385.5pp

160.75%-140.0pp

Employer contribution / active EE

$2,281

$2,211+3.2%

$4,013-43.2%

$2,671-14.6%

Participant deferral / active EE

$9,318

$4,310+116.2%

$6,223+49.7%

$4,126+125.8%

Admin fee / account holder

$446

$5,404-91.7%

$9,017-95.1%

$5,651-92.1%

WEST HOLLYWOOD COMMUNITY HOUSING CORP. 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WEST HOLLYWOOD COMMUNITY HOUSING CORP. 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