Retirement plan

AICHE TAX DEFERRED SAVINGS PLAN

Name: AMERICAN INSTITUTE OF CHEMICAL ENGINEERS - AICHE TAX DEFERRED SAVINGS PLAN (2024) Form 5500
Creator: AMERICAN INSTITUTE OF CHEMICAL ENGINEERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AICHE TAX DEFERRED SAVINGS PLAN, AMERICAN INSTITUTE OF CHEMICAL ENGINEERS

AMERICAN INSTITUTE OF CHEMICAL ENGINEERSEIN 13-1623892Plan #003PY 2024

120 WALL ST FLOOR 23 - NEW YORK, NY 10005646-495-1385

Other plans on this EIN

2 filings

#001Retirement-$8.2M assets #002Retirement-$1.7M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$29.7M

+11.1% from 2023

Total participants

193

+4.3% from 2023

Average account balance

$156,416

+5.9% from 2023

Annual return

12.74%

-2.41 pp from 2023

Benchmarks

See 2,051 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,051 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.72M

Not enough data

1 years with asset history on file

Average account balance

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

$156K

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.

190

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.12M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+12.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$96

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	$18,286

Plan features & details

Pension benefit codes2F2G2L2M2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$18K

$165 / participant

Recordkeeping$18K96.7%
Investment mgmt$6073.3%

% of EOY assets

0.062%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COHNREZNICK
Auditor EIN: 334144829
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$156,416

$60,504+158.5%

$81,882+91.0%

$74,478+110.0%

Participation rate

97.3%

62.9%+34.4pp

72.4%+24.9pp

67.2%+30.1pp

Annual return

12.74%

16.91%-4.2pp

779.47%-766.7pp

1370.56%-1357.8pp

Employer contribution / active EE

$11,808

$2,627+349.6%

$2,916+304.9%

$2,626+349.6%

Participant deferral / active EE

$7,319

$3,400+115.3%

$4,323+69.3%

$4,350+68.2%

Admin fee / account holder

$96

$1,492-93.5%

$7,360-98.7%

$1,946-95.1%

Provider

Service type

Compensation

TIAA4 years

Service code 15 · EIN 13-1624203

Recordkeeping

$18,286

AICHE TAX DEFERRED SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AICHE TAX DEFERRED SAVINGS 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