Retirement plan

TIAA-CREF RETIREMENT PLAN FOR THE EMPLOYEES OF THE MYSTIC & NOANK LIBRARY, INC.

Name: MYSTIC AND NOANK LIBRARY - TIAA-CREF RETIREMENT PLAN FOR THE EMPLOYEES OF THE MYSTIC & NOANK LIBRARY, INC. (2017) Form 5500
Creator: MYSTIC AND NOANK LIBRARY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TIAA-CREF RETIREMENT PLAN FOR THE EMPLOYEES OF THE MYSTIC & NOANK LIBRARY, INC., MYSTIC AND NOANK LIBRARY

MYSTIC AND NOANK LIBRARYEIN 06-0709292Plan #001PY 2017

40 LIBRARY STREET - MYSTIC, CT 063552499860-536-7721mysticnoanklibrary.orgLinkedIn11-50 employeeslibraries

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$703K

No prior year

Total participants

No prior year

Average account balance

$54,061

No prior year

Annual return

10.65%

No prior year

Benchmarks

See 8,047 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort8,047 peers

Snapshot2017

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$1.52M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

172.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$58K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2525

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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 codes2G2L3D

Plan features

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$2K

$288 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.246%

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: -

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,061

$105,859-48.9%

$90,160-40.0%

$147,584-63.4%

Participation rate

100.0%

79.7%+20.3pp

76.9%+23.1pp

82.8%+17.2pp

Annual return

10.65%

37.63%-27.0pp

34.88%-24.2pp

578.55%-567.9pp

Employer contribution / active EE

$2,428

$4,126-41.1%

$3,318-26.8%

$4,876-50.2%

Participant deferral / active EE

$3,562

$5,733-37.9%

$5,288-32.6%

$5,439-34.5%

Admin fee / account holder

$133

$8,046-98.3%

$5,943-97.8%

$10,885-98.8%

TIAA-CREF RETIREMENT PLAN FOR THE EMPLOYEES OF THE MYSTIC & NOANK LIBRARY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TIAA-CREF RETIREMENT PLAN FOR THE EMPLOYEES OF THE MYSTIC & NOANK LIBRARY, INC.

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