Retirement plan

ZOOLOGICAL SOCIETY OF BUFFALO, INC. UNION 403(B) PLAN

Name: ZOOLOGICAL SOCIETY OF BUFFALO, INC. - ZOOLOGICAL SOCIETY OF BUFFALO, INC. UNION 403(B) PLAN (2021) Form 5500
Creator: ZOOLOGICAL SOCIETY OF BUFFALO, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZOOLOGICAL SOCIETY OF BUFFALO, INC. UNION 403(B) PLAN, ZOOLOGICAL SOCIETY OF BUFFALO, INC.

ZOOLOGICAL SOCIETY OF BUFFALO, INC.EIN 16-0911204Plan #004PY 2021

300 PARKSIDE AVENUE - BUFFALO, NY 142141963716-837-3900LinkedIn1-10 employeesnon-profit organization management

Other plans on this EIN

1 filing

#003Retirement-$3.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

+15.3% from 2020

Total participants

+2.0% from 2020

Average account balance

$52,117

+15.3% from 2020

Annual return

13.98%

-2.06 pp from 2020

Benchmarks

See 8,919 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,919 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.51M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

124.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$127K

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

+13.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$194

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 codes2E2F2G2L2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

$110K

$3046 / participant

Other / not subdivided$110K100.0%

% of EOY assets

4.675%

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

$52,117

$65,440-20.4%

$98,506-47.1%

$85,851-39.3%

Participation rate

83.3%

65.0%+18.3pp

73.3%+10.0pp

69.3%+14.0pp

Annual return

13.98%

21.75%-7.8pp

1494.92%-1480.9pp

318.63%-304.7pp

Employer contribution / active EE

$1,551

$2,169-28.5%

$2,961-47.6%

$2,565-39.5%

Participant deferral / active EE

$2,065

$3,168-34.8%

$4,277-51.7%

$3,952-47.7%

Admin fee / account holder

$2,437

$4,596-47.0%

$5,955-59.1%

$6,261-61.1%

ZOOLOGICAL SOCIETY OF BUFFALO, INC. UNION 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZOOLOGICAL SOCIETY OF BUFFALO, INC. UNION 403(B) 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