Retirement plan

SAFE-HARBOUR 401(K) PROFIT SHARING PLAN FOR U.S. COMMITTE FOR REFUGEES AND IMMIGRANTS, INC.

Name: US COMMITTEE FOR REFUGEES AND IMMIGRANTS - SAFE-HARBOUR 401(K) PROFIT SHARING PLAN FOR U.S. COMMITTE FOR REFUGEES AND IMMIGRANTS, INC. (2023) Form 5500
Creator: US COMMITTEE FOR REFUGEES AND IMMIGRANTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAFE-HARBOUR 401(K) PROFIT SHARING PLAN FOR U.S. COMMITTE FOR REFUGEES AND IMMIGRANTS, INC., US COMMITTEE FOR REFUGEES AND IMMIGRANTS

US COMMITTEE FOR REFUGEES AND IMMIGRANTSEIN 13-1878704Plan #003PY 2023

2231 CRYSTAL DRIVE, SUITE 350 - ARLINGTON, VA 222023794703-310-1130

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$21.7M

+39.2% from 2022

Total participants

1,374

+66.3% from 2022

Average account balance

$24,279

+16.8% from 2022

Annual return

23.88%

+37.01 pp from 2022

Benchmarks

See 268 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort268 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.71M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

1,173

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.69M

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

+19.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP3 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Participant loan processing; Claims p...	$4,381

Plan features & details

Pension benefit codes2G2J2T

Plan features

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.

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

$4K

$4 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.020%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MARCUM LLP
Auditor EIN: 111986323
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,279

$52,804-54.0%

$86,617-72.0%

$80,149-69.7%

Participation rate

55.5%

62.6%-7.1pp

71.7%-16.2pp

72.9%-17.4pp

Annual return

23.88%

24.84%-1.0pp

591.91%-568.0pp

40.39%-16.5pp

Employer contribution / active EE

$2,114

$2,140-1.2%

$3,023-30.1%

$2,977-29.0%

Participant deferral / active EE

$1,046

$3,226-67.6%

$4,437-76.4%

$5,015-79.1%

Admin fee / account holder

$113-95.7%

$5,613-99.9%

$145-96.6%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP3 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Participant loan processing; Claims p...

$4,381

SAFE-HARBOUR 401(K) PROFIT SHARING PLAN FOR U.S. COMMITTE FOR REFUGEES AND IMMIGRANTS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAFE-HARBOUR 401(K) PROFIT SHARING PLAN FOR U.S. COMMITTE FOR REFUGEES AND IMMIGRANTS, INC.

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