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 (2024) 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 2024

1300 CONNECTICUT AVENUE, NW SUITE 800 - WASHINGTON, DC 20036202-552-6536

Other plans on this EIN

1 filing

#001Retirement-$9.0M assets

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$6.7M

+9.3% from 2023

Total participants

103

+7.3% from 2023

Average account balance

$65,863

-0.4% from 2023

Annual return

11.69%

-1.79 pp from 2023

Benchmarks

See 4,475 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,475 peers

Snapshot2024

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$463K

$14940 / participant

Other / not subdivided$463K100.0%

% of EOY assets

6.894%

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

$65,863

$48,314+36.3%

$67,561-2.5%

$80,925-18.6%

Participation rate

96.8%

66.4%+30.4pp

72.9%+23.9pp

67.7%+29.1pp

Annual return

11.69%

18.28%-6.6pp

3525.44%-3513.8pp

35.65%-24.0pp

Employer contribution / active EE

$2,022-100.0%

$2,735-100.0%

$2,756-100.0%

Participant deferral / active EE

$10,114

$2,927+245.6%

$4,003+152.7%

$4,299+135.3%

Admin fee / account holder

$4,541

$3,690+23.1%

$4,006+13.4%

$6,940-34.6%

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