Retirement plan

403(B) THRIFT PLAN OF KCAA PRESCHOOLS OF HAWAI'I

Name: KCAA PRESCHOOLS OF HAWAI'I - 403(B) THRIFT PLAN OF KCAA PRESCHOOLS OF HAWAI'I (2023) Form 5500
Creator: KCAA PRESCHOOLS OF HAWAI'I
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF KCAA PRESCHOOLS OF HAWAI'I, KCAA PRESCHOOLS OF HAWAI'I

KCAA PRESCHOOLS OF HAWAI'IEIN 99-0075242Plan #003PY 2023

2707 S KING ST - HONOLULU, HI 968263325808-941-9414kcaapreschools.orgLinkedIn201-500 employeesprimary/secondary education

Other plans on this EIN

1 filing

#004Retirement-$1.3M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.6M

+16.0% from 2022

Total participants

+165.4% from 2022

Average account balance

$38,437

-63.7% from 2022

Annual return

15.94%

+30.43 pp from 2022

Benchmarks

See 20,804 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,804 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.85M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

215.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1889

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 codes2G2J2E2T

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$79K

$2638 / participant

Other / not subdivided$79K100.0%

% of EOY assets

3.073%

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

$38,437

$77,901-50.7%

$149,717-74.3%

$75,181-48.9%

Participation rate

93.3%

65.6%+27.8pp

78.8%+14.6pp

67.2%+26.1pp

Annual return

15.94%

31.73%-15.8pp

134.41%-118.5pp

160.69%-144.7pp

Employer contribution / active EE

$751

$3,137-76.1%

$4,820-84.4%

$2,671-71.9%

Participant deferral / active EE

$1,888

$3,411-44.7%

$5,682-66.8%

$4,126-54.2%

Admin fee / account holder

$1,181

$5,949-80.1%

$13,213-91.1%

$5,650-79.1%

403(B) THRIFT PLAN OF KCAA PRESCHOOLS OF HAWAI'I

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF KCAA PRESCHOOLS OF HAWAI'I

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