Consolidated Catholic Administ 401(k) Review & Grade
Consolidated Catholic Benefit Plan
Roswell, GAOther Services528 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$432Employer $ per active participant
$2,752Employee $ saved per active participant
0.41%Direct admin cost, % of plan assets
$29.5MNet plan assets, end of year
$76,349Average balance per account
Score breakdown
- Employer generosity13.4 / 5027th percentile for employer $ per participant
- Low cost7.3 / 2529th percentile for low admin cost vs. same-size plans
- Employee saving8.1 / 1554th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score29 / 100 · Grade F
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 27th |
| Lower admin cost | 29th |
| Employee saving | 54th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
Corrective distributions: the plan refunded $10,961 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Consolidated Catholic Administ put in about $432 per active participant, below the typical peer ($1,257). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.41% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $228,031 |
| Participant (employee) contributions | $1,451,722 |
| Other contributions (incl. rollovers in) | $894,033 |
| Administrative expenses paid from the plan | $115,070 |
| Investment advisory & management fees | $47,949 |
| Benefits paid out | $2,438,486 |
| Net assets, start / end of year | $26.1M / $29.5M |
| Active participants, start / end of year | 547 / 508 |
| Participants with account balances | 386 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Whittlesey |
Largest service providers (Schedule C)
| Empower Life & Annuity Insurance Co | $51,506 reported compensation |
| Ubs Financial Services Inc | $46,184 reported compensation |
| Whittlesey & Hadley PC | $15,615 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250828134541NAL0005587107001, received 2025-08-28, EIN 13-4064939, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.