Retirement plan

NATIONAL CENTER FOR LEARNING DISABILITIES DEFINED CONTRIBUTION RETIREMENT PLAN

Name: NATIONAL CENTER FOR LEARNING DISABILITIES INC. - NATIONAL CENTER FOR LEARNING DISABILITIES DEFINED CONTRIBUTION RETIREMENT PLAN (2023) Form 5500
Creator: NATIONAL CENTER FOR LEARNING DISABILITIES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL CENTER FOR LEARNING DISABILITIES DEFINED CONTRIBUTION RETIREMENT PLAN, NATIONAL CENTER FOR LEARNING DISABILITIES INC.

NATIONAL CENTER FOR LEARNING DISABILITIES INC.EIN 13-2899381Plan #001PY 2023

1220 L STREET, NW-STE 100-BOX #168 - WASHINGTON, DC 20005301-966-2234ncld.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.4M

-4.6% from 2022

Total participants

-1.1% from 2022

Average account balance

$39,960

-2.3% from 2022

Annual return

11.93%

+21.89 pp from 2022

Benchmarks

See 4,420 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,420 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.83M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

218.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$146K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8118

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 codes2L2F2G

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$694K

$19273 / participant

Other / not subdivided$694K100.0%

% of EOY assets

20.670%

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

$39,960

$46,599-14.2%

$64,101-37.7%

$75,173-46.8%

Participation rate

88.9%

65.9%+23.0pp

72.3%+16.6pp

67.2%+21.7pp

Annual return

11.93%

26.06%-14.1pp

33.72%-21.8pp

160.72%-148.8pp

Employer contribution / active EE

$1,689

$1,975-14.5%

$2,749-38.5%

$2,671-36.8%

Participant deferral / active EE

$1,405

$2,837-50.5%

$3,881-63.8%

$4,126-65.9%

Admin fee / account holder

$8,260

$2,956+179.4%

$3,070+169.0%

$5,651+46.2%

NATIONAL CENTER FOR LEARNING DISABILITIES DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL CENTER FOR LEARNING DISABILITIES DEFINED CONTRIBUTION RETIREMENT PLAN

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