Retirement plan

SECTION 403(B) RETIREMENT PLAN FOR SOCIAL ACCOUNTABILITY INTERNATIONAL, INC.

Name: SOCIAL ACCOUNTABILITY INTERNATIONAL - SECTION 403(B) RETIREMENT PLAN FOR SOCIAL ACCOUNTABILITY INTERNATIONAL, INC. (2019) Form 5500
Creator: SOCIAL ACCOUNTABILITY INTERNATIONAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SECTION 403(B) RETIREMENT PLAN FOR SOCIAL ACCOUNTABILITY INTERNATIONAL, INC., SOCIAL ACCOUNTABILITY INTERNATIONAL

SOCIAL ACCOUNTABILITY INTERNATIONALEIN 13-3960591Plan #001PY 2019

9 EAST 37TH STREET 10TH FLOOR - NEW YORK, NY 10016212-358-7697sa-intl.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.6M

+18.1% from 2018

Total participants

0.0% from 2018

Average account balance

$86,009

+9.7% from 2018

Annual return

13.21%

+9.97 pp from 2018

Benchmarks

See 35,119 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,119 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.42M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

262.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$231K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1377

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

$72K

$5987 / participant

Other / not subdivided$72K100.0%

% of EOY assets

1.989%

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

$86,009

$103,008-16.5%

$90,304-4.8%

$152,897-43.7%

Participation rate

91.7%

75.9%+15.8pp

73.3%+18.4pp

82.5%+9.2pp

Annual return

13.21%

95.22%-82.0pp

78.13%-64.9pp

345.43%-332.2pp

Employer contribution / active EE

$12,286

$3,139+291.3%

$2,855+330.3%

$4,764+157.9%

Participant deferral / active EE

$6,118

$4,281+42.9%

$3,885+57.5%

$5,851+4.6%

Admin fee / account holder

$1,711

$6,175-72.3%

$5,354-68.0%

$11,599-85.3%

SECTION 403(B) RETIREMENT PLAN FOR SOCIAL ACCOUNTABILITY INTERNATIONAL, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SECTION 403(B) RETIREMENT PLAN FOR SOCIAL ACCOUNTABILITY INTERNATIONAL, INC.

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