Retirement plan

NEW YORK CITY GAY AND LESBIAN ANTI-VIOLENCE 403(B) RETIREMENT PLAN

Name: NEW YORK CITY GAY AND LESBIAN ANTI-VIOLENCE - NEW YORK CITY GAY AND LESBIAN ANTI-VIOLENCE 403(B) RETIREMENT PLAN (2017) Form 5500
Creator: NEW YORK CITY GAY AND LESBIAN ANTI-VIOLENCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW YORK CITY GAY AND LESBIAN ANTI-VIOLENCE 403(B) RETIREMENT PLAN, NEW YORK CITY GAY AND LESBIAN ANTI-VIOLENCE

NEW YORK CITY GAY AND LESBIAN ANTI-VIOLENCEEIN 13-3149200Plan #001PY 2017

116 NASSAU STREET, 3RD FLOOR - NEW YORK, NY 10038212-714-1184LinkedIn11-50 employeeslaw enforcement

Prospect flagsHigh feesLow participationLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$133K

+69.6% from 2016

Total participants

+6.9% from 2016

Average account balance

$7,007

+51.8% from 2016

Annual return

14.17%

+11.54 pp from 2016

Benchmarks

See 7,913 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,913 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$648K

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$78K

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

+15.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2039

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 codes2F2G2L2M2T

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.
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$13K

$431 / participant

Other / not subdivided$13K100.0%

% of EOY assets

9.701%

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

$7,007

$53,127-86.8%

$86,597-91.9%

$70,131-90.0%

Participation rate

60.0%

65.3%-5.3pp

73.5%-13.5pp

69.5%-9.5pp

Annual return

14.17%

27.66%-13.5pp

964.96%-950.8pp

73.14%-59.0pp

Employer contribution / active EE

$2,068-100.0%

$2,840-100.0%

$2,342-100.0%

Participant deferral / active EE

$1,829

$2,696-32.2%

$3,609-49.3%

$3,332-45.1%

Admin fee / account holder

$680

$3,585-81.0%

$4,906-86.1%

$4,645-85.4%

NEW YORK CITY GAY AND LESBIAN ANTI-VIOLENCE 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW YORK CITY GAY AND LESBIAN ANTI-VIOLENCE 403(B) 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