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 (2023) 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 2023

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

Other plans on this EIN

2 filings

#002Retirement-$7.9M assets #001Retirement-$172K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.7M

+66.9% from 2022

Total participants

126

+12.5% from 2022

Average account balance

$49,225

+56.8% from 2022

Annual return

32.91%

+46.09 pp from 2022

Benchmarks

See 1,917 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,917 peers

Snapshot2023

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

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

$295K

$2812 / participant

Other / not subdivided$295K100.0%

% of EOY assets

5.171%

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

$49,225

$58,312-15.6%

$86,656-43.2%

$71,529-31.2%

Participation rate

90.5%

65.0%+25.4pp

71.7%+18.8pp

67.9%+22.5pp

Annual return

32.91%

24.08%+8.8pp

593.09%-560.2pp

28.97%+3.9pp

Employer contribution / active EE

$7,959

$2,576+209.0%

$3,025+163.1%

$2,590+207.3%

Participant deferral / active EE

$5,753

$3,439+67.3%

$4,439+29.6%

$4,291+34.0%

Admin fee / account holder

$2,545

$1,057+140.8%

$5,619-54.7%

$1,588+60.2%

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