Retirement plan

THE CENTURY FOUNDATION, INC. TDA RETIREMENT PLAN

Name: THE CENTURY FOUNDATION, INC. - THE CENTURY FOUNDATION, INC. TDA RETIREMENT PLAN (2020) Form 5500
Creator: THE CENTURY FOUNDATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CENTURY FOUNDATION, INC. TDA RETIREMENT PLAN, THE CENTURY FOUNDATION, INC.

THE CENTURY FOUNDATION, INC.EIN 13-1624235Plan #002PY 2020

ONE WHITEHALL STREET, 15TH FLOOR - NEW YORK, NY 10004212-452-7708LinkedIn51-200 employeesthink tanks

Other plans on this EIN

1 filing

#001Retirement-$4.1M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.7M

+9.3% from 2019

Total participants

+28.1% from 2019

Average account balance

$55,258

-11.9% from 2019

Annual return

4.31%

-3.27 pp from 2019

Benchmarks

See 8,772 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,772 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.74M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

111

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.

231.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$586K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+16.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1681

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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$142K

$3165 / participant

Other / not subdivided$142K100.0%

% of EOY assets

3.846%

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

$55,258

$60,119-8.1%

$90,430-38.9%

$79,858-30.8%

Participation rate

86.7%

65.0%+21.7pp

72.7%+14.0pp

69.6%+17.0pp

Annual return

4.31%

71.94%-67.6pp

1293.73%-1289.4pp

31.72%-27.4pp

Employer contribution / active EE

$2,068-100.0%

$3,262-100.0%

$2,471-100.0%

Participant deferral / active EE

$6,896

$2,938+134.7%

$3,963+74.0%

$3,740+84.4%

Admin fee / account holder

$2,125

$3,976-46.5%

$5,613-62.1%

$5,306-59.9%

THE CENTURY FOUNDATION, INC. TDA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CENTURY FOUNDATION, INC. TDA 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