Retirement plan

AIDS SERVICE CENTER OF NYC RETIREMENT PLAN

Name: AIDS SERVICE CENTER NYC - AIDS SERVICE CENTER OF NYC RETIREMENT PLAN (2016) Form 5500
Creator: AIDS SERVICE CENTER NYC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AIDS SERVICE CENTER OF NYC RETIREMENT PLAN, AIDS SERVICE CENTER NYC

AIDS SERVICE CENTER NYCEIN 13-3562071Plan #001PY 2016

64 WEST 35TH STREET, 3RD FLOOR - NEW YORK, NY 10001212-645-0875alliance.nycLinkedIn51-200 employeeshealth, wellness and fitness

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$3.5M

No prior year

Total participants

170

No prior year

Average account balance

$24,035

No prior year

Annual return

-1.21%

No prior year

Benchmarks

See 1,686 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,686 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.25M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

294

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$920K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 13 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$40,712
COMPREHENSIVE FINANCIAL PLANNING1+ years Filed as: COMPREHENSIVE ASSET MANAGEMENT Service code 16 2001 ROUTE 46, STE 506 · PARSIPPANY, NJ 07054	Consulting	$15,298
ALTIGRO PENSION SERVICES INC1+ years Filed as: ALTIGRO PENSION SERVICES, INC. Service code 11 · EIN 20-1258185 3 U.S. HIGHWAY 46 WEST · FAIRFIELD, NJ 07004	Actuarial	$8,000

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: TEMPLETON & COMPANY, LLP
Auditor EIN: 141918990
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,035

$43,423-44.6%

$78,676-69.4%

$55,167-56.4%

Participation rate

81.2%

68.0%+13.1pp

73.6%+7.6pp

69.0%+12.2pp

Annual return

-1.21%

11.53%-12.7pp

62.19%-63.4pp

169.23%-170.4pp

Employer contribution / active EE

$1,433

$1,997-28.2%

$2,850-49.7%

$1,963-27.0%

Participant deferral / active EE

$1,719

$2,509-31.5%

$3,517-51.1%

$3,054-43.7%

Admin fee / account holder

$416-100.0%

$4,510-100.0%

$504-100.0%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 13 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$40,712

COMPREHENSIVE FINANCIAL PLANNING1+ years

Filed as: COMPREHENSIVE ASSET MANAGEMENT

Service code 16

2001 ROUTE 46, STE 506 · PARSIPPANY, NJ 07054

Consulting

$15,298

ALTIGRO PENSION SERVICES INC1+ years

Filed as: ALTIGRO PENSION SERVICES, INC.

Service code 11 · EIN 20-1258185

3 U.S. HIGHWAY 46 WEST · FAIRFIELD, NJ 07004

Actuarial

$8,000

AIDS SERVICE CENTER OF NYC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AIDS SERVICE CENTER OF NYC 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