Retirement plan

EMPLOYEE BENEFIT PLAN OF SUB-CONTRACTORS TRADE ASSOCIATION, INC.

Name: SUB-CONTRACTORS TRADE ASSOCIATION, INC. - EMPLOYEE BENEFIT PLAN OF SUB-CONTRACTORS TRADE ASSOCIATION, INC. (2023) Form 5500
Creator: SUB-CONTRACTORS TRADE ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SUB-CONTRACTORS TRADE ASSOCIATION, INC., SUB-CONTRACTORS TRADE ASSOCIATION, INC.

SUB-CONTRACTORS TRADE ASSOCIATION, INC.EIN 13-2597670Plan #001PY 2023

1325 AVENUE OF THE AMERICAS FL 10 - NEW YORK, NY 100197850212-398-6220

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$285K

+33.6% from 2022

Total participants

+50.0% from 2022

Average account balance

$95,004

-11.0% from 2022

Annual return

10.30%

+25.10 pp from 2022

Benchmarks

See 41,808 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort41,808 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$247K

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$59K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+7.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$114403

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 codes2G

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.

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

$3K

$1051 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.107%

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

$95,004

$96,678-1.7%

$86,640+9.7%

$139,466-31.9%

Participation rate

100.0%

74.4%+25.6pp

71.7%+28.3pp

80.3%+19.7pp

Annual return

10.30%

106.69%-96.4pp

592.52%-582.2pp

373.66%-363.4pp

Employer contribution / active EE

$3,576

$3,265+9.5%

$3,024+18.3%

$4,754-24.8%

Participant deferral / active EE

$12,974

$4,837+168.2%

$4,438+192.3%

$6,712+93.3%

Admin fee / account holder

$1,051

$6,410-83.6%

$5,616-81.3%

$11,409-90.8%

EMPLOYEE BENEFIT PLAN OF SUB-CONTRACTORS TRADE ASSOCIATION, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SUB-CONTRACTORS TRADE ASSOCIATION, 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