Retirement plan

THE MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH 401(K) PLAN

Name: THE MICHAEL J FOX FOUNDATION FOR PARKINSON'S - THE MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH 401(K) PLAN (2016) Form 5500
Creator: THE MICHAEL J FOX FOUNDATION FOR PARKINSON'S
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH 401(K) PLAN, THE MICHAEL J FOX FOUNDATION FOR PARKINSON'S

THE MICHAEL J FOX FOUNDATION FOR PARKINSON'SEIN 13-4141945Plan #001PY 2016

PO BOX 4777 - NEW YORK, NY 101634777212-509-0995michaeljfox.orgLinkedIn51-200 employeesresearch

Prospect flagsLow employer contributionFailed to transmit contributions

How to read this page

Total assets (EOY)

$6M

+16.6% from 2015

Total participants

152

+31.0% from 2015

Average account balance

$44,113

-8.4% from 2015

Annual return

11.23%

+11.25 pp from 2015

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

$37.39M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

367

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.99M

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

+16.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$162

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 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY1 year Service code 13 · EIN 42-0127290	Contract Administrator	$4,846
UBS FINANCIAL SERVICES INC1 year Service code 49 · EIN 51-0120742	Other Services	$1,218

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant 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).

Expense breakdown

Schedule H Part II

Admin total

$5K

$40 / participant

Contract admin$5K100.0%

% of EOY assets

0.081%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

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: EISNERAMPER LLP
Auditor EIN: 131639826
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,113

$43,423+1.6%

$78,676-43.9%

$55,167-20.0%

Participation rate

86.0%

68.0%+17.9pp

73.6%+12.4pp

69.0%+17.0pp

Annual return

11.23%

11.53%-0.3pp

62.19%-51.0pp

169.23%-158.0pp

Employer contribution / active EE

$1,997-100.0%

$2,850-100.0%

$1,963-100.0%

Participant deferral / active EE

$4,368

$2,509+74.1%

$3,517+24.2%

$3,054+43.0%

Admin fee / account holder

$36

$416-91.4%

$4,510-99.2%

$504-92.9%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY1 year

Service code 13 · EIN 42-0127290

Contract Administrator

$4,846

UBS FINANCIAL SERVICES INC1 year

Service code 49 · EIN 51-0120742

Other Services

$1,218

THE MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MICHAEL J FOX FOUNDATION FOR PARKINSON'S RESEARCH 401(K) 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