Retirement plan

403(B) THRIFT PLAN OF CONGREGATION OF THE DAUGHTERS OF DIVINE CHARITY, INC.

Name: CONGREGATION OF THE DAUGHTERS OF DIVINE CHARITY, INC. - 403(B) THRIFT PLAN OF CONGREGATION OF THE DAUGHTERS OF DIVINE CHARITY, INC. (2020) Form 5500
Creator: CONGREGATION OF THE DAUGHTERS OF DIVINE CHARITY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF CONGREGATION OF THE DAUGHTERS OF DIVINE CHARITY, INC., CONGREGATION OF THE DAUGHTERS OF DIVINE CHARITY, INC.

CONGREGATION OF THE DAUGHTERS OF DIVINE CHARITY, INC.EIN 13-5562407Plan #001PY 2020

850 HYLAN BLVD - STATEN ISLAND, NY 103052021718-447-5868daughtersofdivinecharity.orgLinkedIn51-200 employeesreligious institutions

Prospect flagsRecently reached 100 employees

How to read this page

Total assets (EOY)

$6.4M

+13.8% from 2019

Total participants

112

+10.9% from 2019

Average account balance

$60,954

+4.0% from 2019

Annual return

12.43%

-6.34 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

$9.19M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

127

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.

43.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$507K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+11.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10

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 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP2 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Account maintenance fees; Claims proc...	$1,181

Plan features & details

Pension benefit codes2F2G

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.

Opportunity flags

1 tripped

InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$1K

$12 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.018%

all-in expense ratio

Categories reported

0 / 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: PKF O'CONNOR DAVIES, LLP
Auditor EIN: 271728945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$60,954

$66,124-7.8%

$90,430-32.6%

$73,493-17.1%

Participation rate

93.1%

69.7%+23.5pp

72.7%+20.5pp

70.7%+22.5pp

Annual return

12.43%

17.65%-5.2pp

1293.73%-1281.3pp

28.51%-16.1pp

Employer contribution / active EE

$2,075

$2,346-11.6%

$3,262-36.4%

$2,270-8.6%

Participant deferral / active EE

$3,018

$3,039-0.7%

$3,963-23.8%

$3,740-19.3%

Admin fee / account holder

$11

$396-97.2%

$5,613-99.8%

$513-97.8%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP2 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Account maintenance fees; Claims proc...

$1,181

403(B) THRIFT PLAN OF CONGREGATION OF THE DAUGHTERS OF DIVINE CHARITY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF CONGREGATION OF THE DAUGHTERS OF DIVINE CHARITY, 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