Retirement plan

THE HOLE IN THE WALL GANG FUND, INC. 403(B) DC PLAN

Name: THE HOLE IN THE WALL GANG FUND, INC. - THE HOLE IN THE WALL GANG FUND, INC. 403(B) DC PLAN (2024) Form 5500
Creator: THE HOLE IN THE WALL GANG FUND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HOLE IN THE WALL GANG FUND, INC. 403(B) DC PLAN, THE HOLE IN THE WALL GANG FUND, INC.

THE HOLE IN THE WALL GANG FUND, INC.EIN 06-1157655Plan #001PY 2024

555 LONG WHARF DRIVE, 11TH FLOOR - NEW HAVEN, CT 06511203-772-0522holeinthewallgang.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$20.5M

+15.4% from 2023

Total participants

215

+4.9% from 2023

Average account balance

$96,412

+10.0% from 2023

Annual return

12.48%

-4.99 pp from 2023

Benchmarks

See 2,053 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,053 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.54M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

213

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$895K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
TIAA4 years Service code 15 · EIN 13-1624203	Recordkeeping	$200

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$200

$2 / participant

Recordkeeping$200100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CBIZ CPAS P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,412

$60,454+59.5%

$81,844+17.8%

$74,459+29.5%

Participation rate

98.1%

63.0%+35.2pp

72.4%+25.8pp

67.2%+30.9pp

Annual return

12.48%

16.87%-4.4pp

778.87%-766.4pp

1369.70%-1357.2pp

Employer contribution / active EE

$4,298

$2,630+63.4%

$2,916+47.4%

$2,626+63.7%

Participant deferral / active EE

$3,993

$3,398+17.5%

$4,323-7.7%

$4,350-8.2%

Admin fee / account holder

$1,490-99.9%

$7,355-100.0%

$1,945-100.0%

Provider

Service type

Compensation

TIAA4 years

Service code 15 · EIN 13-1624203

Recordkeeping

$200

THE HOLE IN THE WALL GANG FUND, INC. 403(B) DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HOLE IN THE WALL GANG FUND, INC. 403(B) DC 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