Retirement plan

SECTION 403(B) RETIREMENT PLAN FOR SUPPORTIVE HOUSING NETWORK OF NEW YORK

Name: SUPPORTIVE HOUSING NETWORK OF NEW YORK - SECTION 403(B) RETIREMENT PLAN FOR SUPPORTIVE HOUSING NETWORK OF NEW YORK (2018) Form 5500
Creator: SUPPORTIVE HOUSING NETWORK OF NEW YORK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SECTION 403(B) RETIREMENT PLAN FOR SUPPORTIVE HOUSING NETWORK OF NEW YORK, SUPPORTIVE HOUSING NETWORK OF NEW YORK

SUPPORTIVE HOUSING NETWORK OF NEW YORKEIN 13-3755149Plan #001PY 2018

247 WEST 37TH STREET 18TH FLOOR - NEW YORK, NY 10018646-619-9640shnny.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1M

-19.2% from 2017

Total participants

+10.0% from 2017

Average account balance

$47,708

-26.9% from 2017

Annual return

-6.83%

-24.39 pp from 2017

Benchmarks

See 105,561 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,561 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.23M

Not enough data

1 years with asset history on file

Average account balance

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

$124K

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.

163.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$201K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+13.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$26743

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$304K

$30443 / participant

Other / not subdivided$304K100.0%

% of EOY assets

30.387%

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

$47,708

$180,462-73.6%

$154,111-69.0%

$135,379-64.8%

Participation rate

90.0%

87.4%+2.6pp

83.0%+7.0pp

82.6%+7.4pp

Annual return

-6.83%

888.17%-895.0pp

735.18%-742.0pp

519.79%-526.6pp

Employer contribution / active EE

$5,131

$6,036-15.0%

$5,298-3.2%

$4,779+7.4%

Participant deferral / active EE

$9,557

$5,806+64.6%

$5,081+88.1%

$5,609+70.4%

Admin fee / account holder

$14,497

$16,145-10.2%

$13,411+8.1%

$10,828+33.9%

SECTION 403(B) RETIREMENT PLAN FOR SUPPORTIVE HOUSING NETWORK OF NEW YORK

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SECTION 403(B) RETIREMENT PLAN FOR SUPPORTIVE HOUSING NETWORK OF NEW YORK

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