Retirement plan

LIZ CLAIBORNE ART ORTENBERG FOUNDATION 403(B) DEFINED CONTRIBUTION PLAN

Name: THE LIZ CLAIBORNE AND ART ORTENBERG FOUNDATION - LIZ CLAIBORNE ART ORTENBERG FOUNDATION 403(B) DEFINED CONTRIBUTION PLAN (2021) Form 5500
Creator: THE LIZ CLAIBORNE AND ART ORTENBERG FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LIZ CLAIBORNE ART ORTENBERG FOUNDATION 403(B) DEFINED CONTRIBUTION PLAN, THE LIZ CLAIBORNE AND ART ORTENBERG FOUNDATION

THE LIZ CLAIBORNE AND ART ORTENBERG FOUNDATIONEIN 13-3200329Plan #001PY 2021

1385 BROADWAY, 23RD FL. - NEW YORK, NY 10018212-697-1000lcaof.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$1.4M

+20.9% from 2020

Total participants

0.0% from 2020

Average account balance

$273,719

+20.9% from 2020

Annual return

13.70%

+0.90 pp from 2020

Benchmarks

See 37,642 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort37,642 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.55M

Not enough data

1 years with asset history on file

Average account balance

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

$364K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$171K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+14.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3574

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 codes2L2G2T

Plan features

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$24K

$5940 / participant

Other / not subdivided$24K100.0%

% of EOY assets

1.736%

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

$273,719

$109,863+149.1%

$98,477+178.0%

$167,518+63.4%

Participation rate

100.0%

75.8%+24.2pp

73.3%+26.7pp

82.1%+17.9pp

Annual return

13.70%

1958.09%-1944.4pp

1493.59%-1479.9pp

478.71%-465.0pp

Employer contribution / active EE

$14,840

$3,225+360.1%

$2,961+401.2%

$4,838+206.7%

Participant deferral / active EE

$11,475

$4,673+145.5%

$4,276+168.3%

$6,342+80.9%

Admin fee / account holder

$4,752

$6,755-29.7%

$5,951-20.2%

$12,312-61.4%

LIZ CLAIBORNE ART ORTENBERG FOUNDATION 403(B) DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LIZ CLAIBORNE ART ORTENBERG FOUNDATION 403(B) DEFINED CONTRIBUTION 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