Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF ORGANIZATION OF STAFF ANALYSTS

Name: ORGANIZATION OF STAFF ANALYSTS - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF ORGANIZATION OF STAFF ANALYSTS (2023) Form 5500
Creator: ORGANIZATION OF STAFF ANALYSTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF ORGANIZATION OF STAFF ANALYSTS, ORGANIZATION OF STAFF ANALYSTS

ORGANIZATION OF STAFF ANALYSTSEIN 13-3078293Plan #001PY 2023

220 E 23RD ST STE 707 - NEW YORK, NY 100104657212-686-1229osaunion.orgLinkedIn11-50 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.8M

+19.6% from 2022

Total participants

+11.1% from 2022

Average account balance

$214,729

+19.6% from 2022

Annual return

13.96%

+24.40 pp from 2022

Benchmarks

See 445 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort445 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.76M

Not enough data

1 years with asset history on file

Average account balance

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

$242K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$361K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+11.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3217

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 codes2G3D2J2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$48K

$2168 / participant

Other / not subdivided$48K100.0%

% of EOY assets

0.823%

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

$214,729

$77,707+176.3%

$70,160+206.1%

$139,466+54.0%

Participation rate

86.4%

83.1%+3.2pp

78.8%+7.5pp

80.3%+6.0pp

Annual return

13.96%

19.30%-5.3pp

19.08%-5.1pp

373.66%-359.7pp

Employer contribution / active EE

$12,399

$4,986+148.7%

$4,285+189.3%

$4,754+160.8%

Participant deferral / active EE

$2,206

$6,443-65.8%

$5,394-59.1%

$6,712-67.1%

Admin fee / account holder

$1,766

$5,397-67.3%

$4,582-61.4%

$11,409-84.5%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF ORGANIZATION OF STAFF ANALYSTS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF ORGANIZATION OF STAFF ANALYSTS

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