Retirement plan

RETIREMENT ACCUMULATION SUPPLEMENT PLAN FOR EMPLOYEES OF THE NATIONAL URBAN

Name: NATIONAL URBAN LEAGUE - RETIREMENT ACCUMULATION SUPPLEMENT PLAN FOR EMPLOYEES OF THE NATIONAL URBAN (2021) Form 5500
Creator: NATIONAL URBAN LEAGUE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETIREMENT ACCUMULATION SUPPLEMENT PLAN FOR EMPLOYEES OF THE NATIONAL URBAN, NATIONAL URBAN LEAGUE

NATIONAL URBAN LEAGUEEIN 13-1840489Plan #003PY 2021

80 PINE STREET, 9TH FLOOR - NEW YORK, NY 100051702212-558-5300nul.orgLinkedIn51-200 employeesnon-profit organization management

Other plans on this EIN

2 filings

#001Retirement-$23.3M assets #002Retirement-$8.2M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.4M

+40.7% from 2020

Total participants

+10.2% from 2020

Average account balance

$35,496

+23.3% from 2020

Annual return

10.52%

-33.62 pp from 2020

Benchmarks

See 8,919 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,919 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.75M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

112

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.

92.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$609K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+8.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9663

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 codes2F2G2L2M2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$131K

$1391 / participant

Other / not subdivided$131K100.0%

% of EOY assets

3.799%

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

$35,496

$65,440-45.8%

$98,506-64.0%

$85,851-58.7%

Participation rate

100.0%

65.0%+35.0pp

73.3%+26.7pp

69.3%+30.7pp

Annual return

10.52%

21.75%-11.2pp

1494.92%-1484.4pp

318.63%-308.1pp

Employer contribution / active EE

$5,080

$2,169+134.2%

$2,961+71.5%

$2,565+98.0%

Participant deferral / active EE

$4,047

$3,168+27.7%

$4,277-5.4%

$3,952+2.4%

Admin fee / account holder

$1,348

$4,596-70.7%

$5,955-77.4%

$6,261-78.5%

RETIREMENT ACCUMULATION SUPPLEMENT PLAN FOR EMPLOYEES OF THE NATIONAL URBAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RETIREMENT ACCUMULATION SUPPLEMENT PLAN FOR EMPLOYEES OF THE NATIONAL URBAN

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