Retirement plan

FUND FOR AMERICAN STUDIES DEFINED CONTRIBUTION RETIREMENT PLAN

Name: THE FUND FOR AMERICAN STUDIES - FUND FOR AMERICAN STUDIES DEFINED CONTRIBUTION RETIREMENT PLAN (2017) Form 5500
Creator: THE FUND FOR AMERICAN STUDIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FUND FOR AMERICAN STUDIES DEFINED CONTRIBUTION RETIREMENT PLAN, THE FUND FOR AMERICAN STUDIES

THE FUND FOR AMERICAN STUDIESEIN 13-6223604Plan #001PY 2017

1706 NEW HAMPSHIRE AVENUE, N.W. - WASHINGTON, DC 20009202-986-0384tfas.orgLinkedIn11-50 employeeshigher education

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$6.3M

+43.1% from 2016

Total participants

+16.3% from 2016

Average account balance

$131,843

+19.2% from 2016

Annual return

38.37%

+31.17 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.03M

Not enough data

1 years with asset history on file

Average account balance

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

$177K

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.

144.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$439K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2046

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 codes2G2L2M3D

Plan features

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$81K

$2016 / participant

Other / not subdivided$81K100.0%

% of EOY assets

1.274%

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

$131,843

$53,128+148.2%

$86,582+52.3%

$70,126+88.0%

Participation rate

77.5%

65.3%+12.2pp

73.5%+4.0pp

69.5%+8.0pp

Annual return

38.37%

27.66%+10.7pp

965.08%-926.7pp

73.15%-34.8pp

Employer contribution / active EE

$2,228

$2,068+7.7%

$2,839-21.5%

$2,343-4.9%

Participant deferral / active EE

$4,709

$2,695+74.7%

$3,609+30.5%

$3,332+41.3%

Admin fee / account holder

$1,680

$3,584-53.1%

$4,904-65.7%

$4,645-63.8%

FUND FOR AMERICAN STUDIES DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FUND FOR AMERICAN STUDIES DEFINED CONTRIBUTION RETIREMENT 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