Retirement plan

FOGARTY INSTITUTE FOR INNOVATION RETIREMENT PLAN

Name: FOGARTY INSTITUTE FOR INNOVATION - FOGARTY INSTITUTE FOR INNOVATION RETIREMENT PLAN (2018) Form 5500
Creator: FOGARTY INSTITUTE FOR INNOVATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOGARTY INSTITUTE FOR INNOVATION RETIREMENT PLAN, FOGARTY INSTITUTE FOR INNOVATION

FOGARTY INSTITUTE FOR INNOVATIONEIN 11-3800306Plan #002PY 2018

2490 HOSPITAL DRIVE, SUITE 310 - MOUNTAIN VIEW, CA 94040650-293-0770

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$499K

-20.9% from 2017

Total participants

-29.4% from 2017

Average account balance

$49,873

-20.9% from 2017

Annual return

-5.84%

-17.23 pp from 2017

Benchmarks

See 12,593 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort12,593 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.60M

Not enough data

1 years with asset history on file

Average account balance

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

$191K

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.

114.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$610K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+16.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1929

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 codes3D2E2F2G2J2T

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

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

$236K

$33663 / participant

Other / not subdivided$236K100.0%

% of EOY assets

47.249%

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

$49,873

$95,188-47.6%

$76,518-34.8%

$135,379-63.2%

Participation rate

71.4%

74.4%-3.0pp

68.0%+3.4pp

82.6%-11.2pp

Annual return

-5.84%

4.85%-10.7pp

-0.27%-5.6pp

519.79%-525.6pp

Employer contribution / active EE

$5,971

$3,303+80.8%

$2,647+125.5%

$4,779+24.9%

Participant deferral / active EE

$14,100

$4,640+203.9%

$3,836+267.6%

$5,609+151.4%

Admin fee / account holder

$23,564

$6,249+277.1%

$4,849+386.0%

$10,828+117.6%

FOGARTY INSTITUTE FOR INNOVATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOGARTY INSTITUTE FOR INNOVATION 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