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 (2022) 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 2022

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

Other plans on this EIN

1 filing

#001Retirement-$4.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+0.9% from 2021

Total participants

0.0% from 2021

Average account balance

$61,580

+0.9% from 2021

Annual return

2.24%

-44.42 pp from 2021

Benchmarks

See 6,929 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,929 peers

Snapshot2022

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

1 tripped

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

$130K

$6818 / participant

Other / not subdivided$130K100.0%

% of EOY assets

6.574%

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

$61,580

$67,396-8.6%

$60,919+1.1%

$134,545-54.2%

Participation rate

100.0%

76.2%+23.8pp

73.1%+26.9pp

81.2%+18.8pp

Annual return

2.24%

50.12%-47.9pp

16.96%-14.7pp

418.37%-416.1pp

Employer contribution / active EE

$5,452

$3,101+75.8%

$2,704+101.6%

$4,742+15.0%

Participant deferral / active EE

$4,534-100.0%

$3,814-100.0%

$6,401-100.0%

Admin fee / account holder

$4,048

$4,590-11.8%

$3,228+25.4%

$11,431-64.6%

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