Retirement plan

AMERICAN COUNCIL FOR VOLUNTARY INTERNATIONAL ACTION TAX DEFERRED ANNUITY RETIREMENT PLAN

Name: AMERICAN COUNCIL FOR VOLUNTARY INTERNATIONAL ACTION - AMERICAN COUNCIL FOR VOLUNTARY INTERNATIONAL ACTION TAX DEFERRED ANNUITY RETIREMENT PLAN (2023) Form 5500
Creator: AMERICAN COUNCIL FOR VOLUNTARY INTERNATIONAL ACTION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN COUNCIL FOR VOLUNTARY INTERNATIONAL ACTION TAX DEFERRED ANNUITY RETIREMENT PLAN, AMERICAN COUNCIL FOR VOLUNTARY INTERNATIONAL ACTION

AMERICAN COUNCIL FOR VOLUNTARY INTERNATIONAL ACTIONEIN 13-3287064Plan #004PY 2023

1400 16TH STREET, N.W. SUITE 210 - WASHINGTON, DC 20036202-552-6536

Other plans on this EIN

1 filing

#001Retirement-$8.0M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.1M

+10.1% from 2022

Total participants

+2.1% from 2022

Average account balance

$66,116

+7.8% from 2022

Annual return

13.49%

+22.46 pp from 2022

Benchmarks

See 4,420 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,420 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.72M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

102

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.

329.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$314K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4541

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 codes2F2G2L2T

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.
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

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

$492K

$19694 / participant

Other / not subdivided$492K100.0%

% of EOY assets

8.007%

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

$66,116

$46,599+41.9%

$64,101+3.1%

$75,173-12.0%

Participation rate

88.0%

65.9%+22.1pp

72.3%+15.7pp

67.2%+20.8pp

Annual return

13.49%

26.06%-12.6pp

33.72%-20.2pp

160.72%-147.2pp

Employer contribution / active EE

$1,975-100.0%

$2,749-100.0%

$2,671-100.0%

Participant deferral / active EE

$12,181

$2,837+329.4%

$3,881+213.9%

$4,126+195.2%

Admin fee / account holder

$5,294

$2,956+79.1%

$3,070+72.4%

$5,651-6.3%

AMERICAN COUNCIL FOR VOLUNTARY INTERNATIONAL ACTION TAX DEFERRED ANNUITY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN COUNCIL FOR VOLUNTARY INTERNATIONAL ACTION TAX DEFERRED ANNUITY 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