Retirement plan

ROBERT SCHALKENBACH FOUNDATION 401(K) PROFIT SHARING PLAN

Name: ROBERT SCHALKENBACH FOUNDATION - ROBERT SCHALKENBACH FOUNDATION 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: ROBERT SCHALKENBACH FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROBERT SCHALKENBACH FOUNDATION 401(K) PROFIT SHARING PLAN, ROBERT SCHALKENBACH FOUNDATION

ROBERT SCHALKENBACH FOUNDATIONEIN 13-1656331Plan #003PY 2023

407 NASSAU STREET, STE 2 - PRINCETON, NJ 08540212-683-6424

Other plans on this EIN

1 filing

#001Retirement-$922K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$228K

+56.0% from 2022

Total participants

-20.0% from 2022

Average account balance

$37,934

+82.0% from 2022

Annual return

20.83%

+38.01 pp from 2022

Benchmarks

See 11,274 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort11,274 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$282K

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3403

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 codes2E2F2G2J3D

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.
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

$4K

$605 / participant

Other / not subdivided$4K100.0%

% of EOY assets

1.861%

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

$37,934

$105,158-63.9%

$94,672-59.9%

$139,487-72.8%

Participation rate

71.4%

82.4%-10.9pp

80.8%-9.4pp

80.3%-8.9pp

Annual return

20.83%

38.11%-17.3pp

156.89%-136.1pp

373.84%-353.0pp

Employer contribution / active EE

$3,209

$4,107-21.9%

$3,673-12.6%

$4,755-32.5%

Participant deferral / active EE

$4,611

$7,599-39.3%

$7,417-37.8%

$6,713-31.3%

Admin fee / account holder

$706

$8,972-92.1%

$7,222-90.2%

$11,407-93.8%

ROBERT SCHALKENBACH FOUNDATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROBERT SCHALKENBACH FOUNDATION 401(K) PROFIT SHARING 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