Retirement plan

CALIFORNIA HIGHWAY PATROL 11-99 FOUNDATION 403(B) PLAN

Name: CALIFORNIA HIGHWAY PATROL 11-99 FOUNDATION - CALIFORNIA HIGHWAY PATROL 11-99 FOUNDATION 403(B) PLAN (2024) Form 5500
Creator: CALIFORNIA HIGHWAY PATROL 11-99 FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALIFORNIA HIGHWAY PATROL 11-99 FOUNDATION 403(B) PLAN, CALIFORNIA HIGHWAY PATROL 11-99 FOUNDATION

CALIFORNIA HIGHWAY PATROL 11-99 FOUNDATIONdba CHP 11-99 FOUNDATIONEIN 95-6530738Plan #001PY 2024

3188 AIRWAY AVE STE C - COSTA MESA, CA 926264652714-529-1199

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.5M

-8.8% from 2023

Total participants

+11.1% from 2023

Average account balance

$76,462

-17.9% from 2023

Annual return

12.25%

-8.66 pp from 2023

Benchmarks

See 49,949 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,949 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.03M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

190.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$285K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+14.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$903

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 codes2F2G2L2M2T3D

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

$611K

$47022 / participant

Other / not subdivided$611K100.0%

% of EOY assets

39.973%

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

$76,462

$88,754-13.8%

$81,820-6.5%

$145,877-47.6%

Participation rate

100.0%

75.1%+24.9pp

72.4%+27.6pp

80.3%+19.7pp

Annual return

12.25%

1031.77%-1019.5pp

777.93%-765.7pp

551.28%-539.0pp

Employer contribution / active EE

$9,862

$3,085+219.6%

$2,915+238.3%

$4,663+111.5%

Participant deferral / active EE

$8,791

$4,648+89.2%

$4,323+103.4%

$6,691+31.4%

Admin fee / account holder

$30,564

$8,424+262.8%

$7,391+313.6%

$13,402+128.1%

CALIFORNIA HIGHWAY PATROL 11-99 FOUNDATION 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALIFORNIA HIGHWAY PATROL 11-99 FOUNDATION 403(B) 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