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 (2024) 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 2024

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--

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$5.7M

+0.7% from 2023

Total participants

133

+5.6% from 2023

Average account balance

$51,317

+4.3% from 2023

Annual return

8.54%

-24.37 pp from 2023

Benchmarks

See 2,053 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,053 peers

Snapshot2024

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

$1.1M

$8945 / participant

Other / not subdivided$1M100.0%

% of EOY assets

18.831%

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

$51,317

$60,454-15.1%

$81,844-37.3%

$74,459-31.1%

Participation rate

82.6%

63.0%+19.7pp

72.4%+10.3pp

67.2%+15.4pp

Annual return

8.54%

16.87%-8.3pp

778.87%-770.3pp

1369.70%-1361.2pp

Employer contribution / active EE

$2,630-100.0%

$2,916-100.0%

$2,626-100.0%

Participant deferral / active EE

$5,036

$3,398+48.2%

$4,323+16.5%

$4,350+15.8%

Admin fee / account holder

$9,663

$1,490+548.4%

$7,355+31.4%

$1,945+396.9%

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