Retirement plan

FIRST PRESBYTERIAN CHURCH OF GLENS FALLS PROFIT SHARING/401(K) PLAN

Name: FIRST PRESBYTERIAN CHURCH OF GLENS FALLS - FIRST PRESBYTERIAN CHURCH OF GLENS FALLS PROFIT SHARING/401(K) PLAN (2016) Form 5500
Creator: FIRST PRESBYTERIAN CHURCH OF GLENS FALLS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST PRESBYTERIAN CHURCH OF GLENS FALLS PROFIT SHARING/401(K) PLAN, FIRST PRESBYTERIAN CHURCH OF GLENS FALLS

FIRST PRESBYTERIAN CHURCH OF GLENS FALLSEIN 14-1338405Plan #001PY 2016

8 WEST NOTRE DAME STREET - GLENS FALLS, NY 12801518-793-2521LinkedIn1-10 employeescivic & social organization

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$136K

+12.1% from 2015

Total participants

+33.3% from 2015

Average account balance

$33,922

-15.9% from 2015

Annual return

4.54%

+3.04 pp from 2015

Benchmarks

See 30,914 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort30,914 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$173K

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+15.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$610

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 codes2E2F2J3D

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).
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$529

$132 / participant

Other / not subdivided$529100.0%

% of EOY assets

0.390%

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

$33,922

$90,486-62.5%

$78,676-56.9%

$273,972-87.6%

Participation rate

100.0%

76.5%+23.5pp

73.6%+26.4pp

83.0%+17.0pp

Annual return

4.54%

75.62%-71.1pp

62.19%-57.7pp

41.46%-36.9pp

Employer contribution / active EE

$1,691

$3,175-46.8%

$2,850-40.7%

$4,869-65.3%

Participant deferral / active EE

$600

$3,901-84.6%

$3,517-82.9%

$5,287-88.7%

Admin fee / account holder

$132

$5,263-97.5%

$4,510-97.1%

$10,133-98.7%

FIRST PRESBYTERIAN CHURCH OF GLENS FALLS PROFIT SHARING/401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST PRESBYTERIAN CHURCH OF GLENS FALLS PROFIT SHARING/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