Retirement plan

NEW YORK PROSECUTORS TRAINING INSTITUTE, INC. EMPLOYEE RETIREMENT PLAN

Name: NEW YORK PROSECUTORS TRAINING INSTITUTE, INC. - NEW YORK PROSECUTORS TRAINING INSTITUTE, INC. EMPLOYEE RETIREMENT PLAN (2021) Form 5500
Creator: NEW YORK PROSECUTORS TRAINING INSTITUTE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW YORK PROSECUTORS TRAINING INSTITUTE, INC. EMPLOYEE RETIREMENT PLAN, NEW YORK PROSECUTORS TRAINING INSTITUTE, INC.

NEW YORK PROSECUTORS TRAINING INSTITUTE, INC.EIN 11-3289827Plan #002PY 2021

107 COLUMBIA STREET - ALBANY, NY 12210518-432-1100nypti.orgLinkedIn11-50 employeeslegal services

Other plans on this EIN

1 filing

#001Retirement-$4.4M assets

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2M

+53.6% from 2020

Total participants

+6.7% from 2020

Average account balance

$61,023

+44.0% from 2020

Annual return

46.67%

+58.18 pp from 2020

Benchmarks

See 6,475 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,475 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.42M

Not enough data

1 years with asset history on file

Average account balance

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

$81K

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.

166.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$114K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+2.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3477

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 codes2E2F2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$16K

$819 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.838%

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

$61,023

$84,713-28.0%

$75,717-19.4%

$167,518-63.6%

Participation rate

100.0%

77.8%+22.2pp

74.8%+25.2pp

82.1%+17.9pp

Annual return

46.67%

199.49%-152.8pp

104.58%-57.9pp

478.71%-432.0pp

Employer contribution / active EE

$5,238

$3,229+62.2%

$2,743+91.0%

$4,838+8.3%

Participant deferral / active EE

$4,578-100.0%

$3,821-100.0%

$6,342-100.0%

Admin fee / account holder

$512

$5,357-90.5%

$3,619-85.9%

$12,312-95.8%

NEW YORK PROSECUTORS TRAINING INSTITUTE, INC. EMPLOYEE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW YORK PROSECUTORS TRAINING INSTITUTE, INC. EMPLOYEE RETIREMENT 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