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 (2018) 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 2018

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

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$176K

+32.0% from 2017

Total participants

-22.6% from 2017

Average account balance

$10,983

+56.8% from 2017

Annual return

7.90%

-6.27 pp from 2017

Benchmarks

See 33,726 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,726 peers

Snapshot2018

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

3 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.)

Expense breakdown

Schedule H Part II

Admin total

$24K

$1091 / participant

Other / not subdivided$24K100.0%

% of EOY assets

13.664%

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

$10,983

$90,607-87.9%

$79,467-86.2%

$135,380-91.9%

Participation rate

63.6%

76.0%-12.4pp

73.3%-9.7pp

82.6%-19.0pp

Annual return

7.90%

977.74%-969.8pp

718.30%-710.4pp

519.81%-511.9pp

Employer contribution / active EE

$3,068-100.0%

$2,800-100.0%

$4,779-100.0%

Participant deferral / active EE

$2,451

$4,050-39.5%

$3,704-33.8%

$5,609-56.3%

Admin fee / account holder

$1,501

$5,895-74.5%

$5,104-70.6%

$10,828-86.1%

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