Retirement plan

THE CENTURY FOUNDATION, INC. DC RETIREMENT PLAN

Name: THE CENTURY FOUNDATION, INC. - THE CENTURY FOUNDATION, INC. DC RETIREMENT PLAN (2024) Form 5500
Creator: THE CENTURY FOUNDATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CENTURY FOUNDATION, INC. DC RETIREMENT PLAN, THE CENTURY FOUNDATION, INC.

THE CENTURY FOUNDATION, INC.EIN 13-1624235Plan #001PY 2024

ONE WHITEHALL STREET, 15TH FLOOR - NEW YORK, NY 10004347-612-2853LinkedIn51-200 employeesthink tanks

Other plans on this EIN

1 filing

#002Retirement-$6.7M assets

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$4.4M

-5.0% from 2023

Total participants

107

+15.1% from 2023

Average account balance

$43,225

-16.1% from 2023

Annual return

16.48%

+15.28 pp from 2023

Benchmarks

See 10,689 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,689 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.41M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

102

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.

237.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$297K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12669

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 codes2F2G2L2T

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$1.3M

$30053 / participant

Other / not subdivided$1M100.0%

% of EOY assets

29.310%

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

$43,225

$58,234-25.8%

$81,783-47.1%

$80,874-46.6%

Participation rate

88.4%

63.4%+24.9pp

72.4%+16.0pp

67.6%+20.7pp

Annual return

16.48%

41.70%-25.2pp

775.05%-758.6pp

35.62%-19.1pp

Employer contribution / active EE

$6,908

$2,341+195.0%

$2,913+137.2%

$2,756+150.7%

Participant deferral / active EE

$3,283-100.0%

$4,320-100.0%

$4,297-100.0%

Admin fee / account holder

$12,669

$4,982+154.3%

$7,380+71.7%

$6,935+82.7%

THE CENTURY FOUNDATION, INC. DC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CENTURY FOUNDATION, INC. DC 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