Retirement plan

AMERICAN FRIENDS OF MAGEN DAVID ADOM TAX DEFERRED ANNUITY PLAN

Name: AMERICAN FRIENDS OF MAGEN DAVID ADOM - AMERICAN FRIENDS OF MAGEN DAVID ADOM TAX DEFERRED ANNUITY PLAN (2020) Form 5500
Creator: AMERICAN FRIENDS OF MAGEN DAVID ADOM
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN FRIENDS OF MAGEN DAVID ADOM TAX DEFERRED ANNUITY PLAN, AMERICAN FRIENDS OF MAGEN DAVID ADOM

AMERICAN FRIENDS OF MAGEN DAVID ADOMEIN 13-1790719Plan #002PY 2020

20 WEST 36TH STREET, SUITE 1100 - NEW YORK, NY 10018646-388-7512afmda.orgLinkedIn51-200 employeesfund-raising

Other plans on this EIN

1 filing

#003Retirement-$3.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.7M

+5.8% from 2019

Total participants

-4.2% from 2019

Average account balance

$63,560

+4.0% from 2019

Annual return

13.22%

-11.61 pp from 2019

Benchmarks

See 18,628 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,628 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.99M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

101.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$437K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5212

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 codes2F2G2L2M2T

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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

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

$551K

$13130 / participant

Other / not subdivided$551K100.0%

% of EOY assets

14.959%

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

$63,560

$91,198-30.3%

$178,503-64.4%

$79,856-20.4%

Participation rate

76.2%

69.2%+7.0pp

81.9%-5.7pp

69.6%+6.5pp

Annual return

13.22%

24.20%-11.0pp

151.12%-137.9pp

31.71%-18.5pp

Employer contribution / active EE

$3,257-100.0%

$5,011-100.0%

$2,471-100.0%

Participant deferral / active EE

$6,984

$3,237+115.8%

$5,202+34.2%

$3,741+86.7%

Admin fee / account holder

$9,508

$6,748+40.9%

$13,987-32.0%

$5,306+79.2%

AMERICAN FRIENDS OF MAGEN DAVID ADOM TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN FRIENDS OF MAGEN DAVID ADOM TAX DEFERRED ANNUITY 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