Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF PALISADES FREE LIBRARY

Name: PALISADES FREE LIBRARY - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF PALISADES FREE LIBRARY (2025) Form 5500
Creator: PALISADES FREE LIBRARY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF PALISADES FREE LIBRARY, PALISADES FREE LIBRARY

PALISADES FREE LIBRARYEIN 13-1740017Plan #001PY 2025

19 CLOSTER RD - PALISADES, NY 109641527845-359-0136rclf.orgLinkedIn1-10 employeeslibraries

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$429K

+21.4% from 2024

Total participants

0.0% from 2024

Average account balance

$61,255

+21.4% from 2024

Annual return

12.60%

+1.51 pp from 2024

Benchmarks

See 345 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort345 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$429K

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.

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$31K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+12.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21

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 codes2G3D2J2E2T

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.
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$144

$18 / participant

Other / not subdivided$144100.0%

% of EOY assets

0.034%

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

$61,255

$90,728-32.5%

$86,279-29.0%

$138,895-55.9%

Participation rate

37.5%

81.0%-43.5pp

78.7%-41.2pp

79.9%-42.4pp

Annual return

12.60%

34.83%-22.2pp

30.40%-17.8pp

145.39%-132.8pp

Employer contribution / active EE

$1,634

$4,974-67.1%

$4,663-65.0%

$4,194-61.0%

Participant deferral / active EE

$2,246

$6,125-63.3%

$5,658-60.3%

$6,396-64.9%

Admin fee / account holder

$21

$11,808-99.8%

$10,485-99.8%

$12,562-99.8%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF PALISADES FREE LIBRARY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF PALISADES FREE 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