Retirement plan

SECTION 403(B) PLAN FOR THE SAMARITANS OF NEW YORK, INC.

Name: THE SAMARITANS OF NEW YORK, INC. - SECTION 403(B) PLAN FOR THE SAMARITANS OF NEW YORK, INC. (2018) Form 5500
Creator: THE SAMARITANS OF NEW YORK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SECTION 403(B) PLAN FOR THE SAMARITANS OF NEW YORK, INC., THE SAMARITANS OF NEW YORK, INC.

THE SAMARITANS OF NEW YORK, INC.EIN 13-3164464Plan #001PY 2018

61 GRAMERCY PARK NORTH - NEW YORK, NY 10010212-677-3009samaritansnyc.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$704K

+11.3% from 2017

Total participants

0.0% from 2017

Average account balance

$46,920

-40.6% from 2017

Annual return

7.79%

-2.83 pp from 2017

Benchmarks

See 105,557 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,557 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$429K

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

71.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$83

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

+8.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3638

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 codes2F2G2L

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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$62

$4 / participant

Other / not subdivided$62100.0%

% of EOY assets

0.009%

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

$46,920

$180,459-74.0%

$154,108-69.6%

$135,380-65.3%

Participation rate

64.3%

87.4%-23.1pp

83.0%-18.8pp

82.6%-18.4pp

Annual return

7.79%

888.21%-880.4pp

735.21%-727.4pp

519.81%-512.0pp

Employer contribution / active EE

$548

$6,035-90.9%

$5,298-89.7%

$4,779-88.5%

Participant deferral / active EE

$1,057

$5,806-81.8%

$5,081-79.2%

$5,609-81.2%

Admin fee / account holder

$16,145-100.0%

$13,411-100.0%

$10,828-100.0%

SECTION 403(B) PLAN FOR THE SAMARITANS OF NEW YORK, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SECTION 403(B) PLAN FOR THE SAMARITANS OF NEW YORK, 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