Retirement plan

AIAA EMPLOYEES TAX-DEFERRED ANNUITY CONTRACT 403B

Name: AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICS - AIAA EMPLOYEES TAX-DEFERRED ANNUITY CONTRACT 403B (2015) Form 5500
Creator: AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AIAA EMPLOYEES TAX-DEFERRED ANNUITY CONTRACT 403B, AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICS

AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICSEIN 13-1677290Plan #002PY 2015

12700 SUNRISE VALLEY DRIVE, SUITE 200 - RESTON, VA 201915807703-264-7567LinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed November 21, 2024

Plan administrator

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12700 Sunrise Valley Drive, Suite 200

Reston, VA 20191

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Plans declared (1)

American Institute of Aeronautics and Astronautics 457(b) Deferred Compensation Plan3 emp

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Total assets (EOY)

$12.3M

No prior year

Total participants

106

No prior year

Average account balance

$116,356

No prior year

Annual return

1.81%

No prior year

Benchmarks

See 1,412 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,412 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.01M

Not enough data

1 years with asset history on file

Average account balance

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

$255K

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.

106

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.

151.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.31M

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

+15.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26378

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

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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 codes2E2G2L2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$1.9M

$17626 / participant

Other / not subdivided$2M100.0%

% of EOY assets

15.148%

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

$116,356

$41,854+178.0%

$73,836+57.6%

$52,331+122.3%

Participation rate

100.0%

66.2%+33.8pp

73.4%+26.6pp

68.1%+31.9pp

Annual return

1.81%

2.11%-0.3pp

2268.06%-2266.2pp

4.54%-2.7pp

Employer contribution / active EE

$2,193

$1,920+14.2%

$2,787-21.3%

$1,882+16.6%

Participant deferral / active EE

$6,122

$2,498+145.1%

$3,583+70.9%

$3,022+102.6%

Admin fee / account holder

$17,626

$493+3477.9%

$4,882+261.0%

$592+2879.4%

AIAA EMPLOYEES TAX-DEFERRED ANNUITY CONTRACT 403B

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AIAA EMPLOYEES TAX-DEFERRED ANNUITY CONTRACT 403B

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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