Retirement plan

TIAA/CREF - RETIREMENT PLAN FOR THE STAFF OF THE NEW YORK SOCIETY LIBRARY

Name: TRUSTEES OF THE NEW YORK SOCIETY LIBRARY - TIAA/CREF - RETIREMENT PLAN FOR THE STAFF OF THE NEW YORK SOCIETY LIBRARY (2017) Form 5500
Creator: TRUSTEES OF THE NEW YORK SOCIETY LIBRARY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TIAA/CREF - RETIREMENT PLAN FOR THE STAFF OF THE NEW YORK SOCIETY LIBRARY, TRUSTEES OF THE NEW YORK SOCIETY LIBRARY

TRUSTEES OF THE NEW YORK SOCIETY LIBRARYEIN 13-1635307Plan #001PY 2017

53 EAST 79TH STREET - NEW YORK, NY 10075212-288-6900nysoclib.orgLinkedIn11-50 employeeslibraries

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.2M

+13.7% from 2016

Total participants

No prior year

Average account balance

$121,249

+16.9% from 2016

Annual return

11.52%

+5.59 pp from 2016

Benchmarks

See 5,614 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,614 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.07M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

307.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$161K

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

+10.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21851

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 codes2L

Plan features

2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

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

$74K

$4328 / participant

Other / not subdivided$74K100.0%

% of EOY assets

1.734%

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

$121,249

$73,546+64.9%

$63,018+92.4%

$147,586-17.8%

Participation rate

100.0%

77.9%+22.1pp

74.8%+25.2pp

82.8%+17.2pp

Annual return

11.52%

175.56%-164.0pp

87.62%-76.1pp

578.59%-567.1pp

Employer contribution / active EE

$2,853

$3,324-14.2%

$2,761+3.3%

$4,876-41.5%

Participant deferral / active EE

$6,183

$4,185+47.7%

$3,330+85.7%

$5,439+13.7%

Admin fee / account holder

$2,102

$5,956-64.7%

$3,601-41.6%

$10,886-80.7%

TIAA/CREF - RETIREMENT PLAN FOR THE STAFF OF THE NEW YORK SOCIETY LIBRARY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TIAA/CREF - RETIREMENT PLAN FOR THE STAFF OF THE NEW YORK SOCIETY LIBRARY

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