Retirement plan

403(B) THRIFT PLAN FOR EMPLOYEES OF DUTCHESS LAND CONSERVANCY, INC.

Name: DUTCHESS LAND CONSERVANCY, INC - 403(B) THRIFT PLAN FOR EMPLOYEES OF DUTCHESS LAND CONSERVANCY, INC. (2022) Form 5500
Creator: DUTCHESS LAND CONSERVANCY, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR EMPLOYEES OF DUTCHESS LAND CONSERVANCY, INC., DUTCHESS LAND CONSERVANCY, INC

DUTCHESS LAND CONSERVANCY, INCEIN 14-1667526Plan #002PY 2022

PO BOX 138 - MILLBROOK, NY 125450138845-677-3002dutchessland.orgLinkedIn11-50 employeesenvironmental services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.6M

-14.8% from 2021

Total participants

+20.0% from 2021

Average account balance

$95,278

-24.8% from 2021

Annual return

-16.41%

-32.32 pp from 2021

Benchmarks

See 133,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,844 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.02M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$174K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+22.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2G3D2J2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$78K

$6015 / participant

Other / not subdivided$78K100.0%

% of EOY assets

4.828%

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

$95,278

$138,114-31.0%

$125,391-24.0%

$134,545-29.2%

Participation rate

92.3%

84.5%+7.8pp

82.4%+9.9pp

81.2%+11.1pp

Annual return

-16.41%

750.88%-767.3pp

572.41%-588.8pp

418.37%-434.8pp

Employer contribution / active EE

$1,577

$5,246-69.9%

$4,816-67.3%

$4,742-66.7%

Participant deferral / active EE

$6,799

$7,801-12.8%

$7,448-8.7%

$6,401+6.2%

Admin fee / account holder

$4,600

$11,570-60.2%

$10,009-54.0%

$11,431-59.8%

403(B) THRIFT PLAN FOR EMPLOYEES OF DUTCHESS LAND CONSERVANCY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR EMPLOYEES OF DUTCHESS LAND CONSERVANCY, 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