Retirement plan

SECTION 403(B) RETIREMENT PLAN FOR THE NEW YORK WOMEN'S FOUNDATION

Name: THE NEW YORK WOMEN'S FOUNDATION - SECTION 403(B) RETIREMENT PLAN FOR THE NEW YORK WOMEN'S FOUNDATION (2017) Form 5500
Creator: THE NEW YORK WOMEN'S FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SECTION 403(B) RETIREMENT PLAN FOR THE NEW YORK WOMEN'S FOUNDATION, THE NEW YORK WOMEN'S FOUNDATION

THE NEW YORK WOMEN'S FOUNDATIONEIN 13-3457287Plan #001PY 2017

39 BROADWAY SUITE 2300 - NEW YORK, NY 10006212-514-6993nywf.orgLinkedIn11-50 employeesphilanthropy

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+11.3% from 2016

Total participants

+8.9% from 2016

Average account balance

$37,530

+11.3% from 2016

Annual return

16.00%

+8.98 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.51M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

170.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$393K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+14.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15413

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$389K

$12956 / participant

Other / not subdivided$389K100.0%

% of EOY assets

24.085%

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

$37,530

$53,128-29.4%

$86,582-56.7%

$70,126-46.5%

Participation rate

80.0%

65.3%+14.7pp

73.5%+6.5pp

69.5%+10.5pp

Annual return

16.00%

27.66%-11.7pp

965.08%-949.1pp

73.15%-57.1pp

Employer contribution / active EE

$5,216

$2,068+152.2%

$2,839+83.7%

$2,343+122.7%

Participant deferral / active EE

$5,317

$2,695+97.3%

$3,609+47.3%

$3,332+59.6%

Admin fee / account holder

$9,039

$3,584+152.2%

$4,904+84.3%

$4,645+94.6%

SECTION 403(B) RETIREMENT PLAN FOR THE NEW YORK WOMEN'S FOUNDATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SECTION 403(B) RETIREMENT PLAN FOR THE NEW YORK WOMEN'S FOUNDATION

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