Retirement plan

THE ASIAN AMERICAN COALITION FOR CHILDREN AND FAMILIES INC. 403(B) PLAN

Name: THE ASIAN AMERICAN COALITION FOR CHILDREN - THE ASIAN AMERICAN COALITION FOR CHILDREN AND FAMILIES INC. 403(B) PLAN (2024) Form 5500
Creator: THE ASIAN AMERICAN COALITION FOR CHILDREN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ASIAN AMERICAN COALITION FOR CHILDREN AND FAMILIES INC. 403(B) PLAN, THE ASIAN AMERICAN COALITION FOR CHILDREN

THE ASIAN AMERICAN COALITION FOR CHILDRENEIN 13-3682471Plan #001PY 2024

50 BROAD STREET 18TH FLOOR - NEW YORK CITY, NY 10004212-809-4675

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$530K

+60.5% from 2023

Total participants

+12.5% from 2023

Average account balance

$23,055

+39.6% from 2023

Annual return

21.66%

-6.07 pp from 2023

Benchmarks

See 109,298 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,298 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$530K

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

135.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$128K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+21.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$45

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 codes2M3D2G2F2T

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
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

1 tripped

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

$1K

$61 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.194%

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

$23,055

$183,516-87.4%

$155,534-85.2%

$145,884-84.2%

Participation rate

76.5%

82.7%-6.2pp

78.2%-1.7pp

80.3%-3.8pp

Annual return

21.66%

61.43%-39.8pp

64.92%-43.3pp

551.85%-530.2pp

Employer contribution / active EE

$5,315-100.0%

$4,675-100.0%

$4,662-100.0%

Participant deferral / active EE

$7,552

$6,467+16.8%

$5,630+34.1%

$6,690+12.9%

Admin fee / account holder

$45

$19,293-99.8%

$15,900-99.7%

$13,392-99.7%

THE ASIAN AMERICAN COALITION FOR CHILDREN AND FAMILIES INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ASIAN AMERICAN COALITION FOR CHILDREN AND FAMILIES INC. 403(B) 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