Retirement plan

ALLIANCE FOR POSITIVE CHANGE RETIREMENT PLAN

Name: THE ALLIANCE FOR POSITIVE CHANGE - ALLIANCE FOR POSITIVE CHANGE RETIREMENT PLAN (2020) Form 5500
Creator: THE ALLIANCE FOR POSITIVE CHANGE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALLIANCE FOR POSITIVE CHANGE RETIREMENT PLAN, THE ALLIANCE FOR POSITIVE CHANGE

THE ALLIANCE FOR POSITIVE CHANGEEIN 13-3562071Plan #001PY 2020

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

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$6.8M

+13.3% from 2019

Total participants

201

-3.8% from 2019

Average account balance

$34,172

+18.4% from 2019

Annual return

3.41%

-2.47 pp from 2019

Benchmarks

See 1,687 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,687 peers

Snapshot2020

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 4 by compensation

Provider	Service type	Compensation
NATIONWIDE5+ years Service code 13 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$58,608
ALTIGRO PENSION SERVICES INC5+ years Filed as: ALTIGRO PENSION SERVICES, INC. Service code 11 · EIN 20-1258185 3 U.S. HIGHWAY 46 WEST · FAIRFIELD, NJ 07004	Actuarial	$10,273
APW CAPITAL INC3 years Service code 16 100 ENTERPRISE DR STE 504 · ROCKAWAY, NJ 07866	Consulting	$0
AURORA PRIVATE WEALTH INC2 years Filed as: AURORA INSURANCE SERVICES INC Service code 16 100 ENTERPRISE DR STE 504 · ROCKAWAY, NJ 07866	Consulting	$0

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.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

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

$34,172

$66,124-48.3%

$90,440-62.2%

$73,493-53.5%

Participation rate

99.4%

69.7%+29.7pp

72.7%+26.7pp

70.7%+28.7pp

Annual return

3.41%

17.65%-14.2pp

1294.38%-1291.0pp

28.51%-25.1pp

Employer contribution / active EE

$2,458

$2,346+4.7%

$3,263-24.7%

$2,270+8.3%

Participant deferral / active EE

$2,318

$3,039-23.7%

$3,964-41.5%

$3,740-38.0%

Admin fee / account holder

$396-100.0%

$5,615-100.0%

$513-100.0%

Provider

Service type

Compensation

NATIONWIDE5+ years

Service code 13 · EIN 31-4156830

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$58,608

ALTIGRO PENSION SERVICES INC5+ years

Filed as: ALTIGRO PENSION SERVICES, INC.

Service code 11 · EIN 20-1258185

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

Actuarial

$10,273

APW CAPITAL INC3 years

Service code 16

100 ENTERPRISE DR STE 504 · ROCKAWAY, NJ 07866

Consulting

AURORA PRIVATE WEALTH INC2 years

Filed as: AURORA INSURANCE SERVICES INC

Service code 16

100 ENTERPRISE DR STE 504 · ROCKAWAY, NJ 07866

Consulting

ALLIANCE FOR POSITIVE CHANGE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ALLIANCE FOR POSITIVE CHANGE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion