Retirement plan

FOUNDATION FOR THE GLOBAL COMPACT 403(B) RETIREMENT PLAN

Name: FOUNDATION FOR THE GLOBAL COMPACT - FOUNDATION FOR THE GLOBAL COMPACT 403(B) RETIREMENT PLAN (2016) Form 5500
Creator: FOUNDATION FOR THE GLOBAL COMPACT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOUNDATION FOR THE GLOBAL COMPACT 403(B) RETIREMENT PLAN, FOUNDATION FOR THE GLOBAL COMPACT

FOUNDATION FOR THE GLOBAL COMPACTEIN 16-1756484Plan #001PY 2016

685 3RD AVE 12 FLOOR - NEW YORK, NY 10017212-907-1395globalcompactfoundation.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3M

+39.3% from 2015

Total participants

-4.3% from 2015

Average account balance

$67,398

+33.0% from 2015

Annual return

8.82%

+10.85 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.10M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

135

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.

123.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+16.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4657

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 codes2F2G2L

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

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

$212K

$5583 / participant

Other / not subdivided$212K100.0%

% of EOY assets

7.154%

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

$67,398

$48,078+40.2%

$78,676-14.3%

$62,881+7.2%

Participation rate

97.4%

65.2%+32.2pp

73.6%+23.8pp

69.3%+28.1pp

Annual return

8.82%

31.36%-22.5pp

62.19%-53.4pp

20.14%-11.3pp

Employer contribution / active EE

$17,244

$2,015+756.0%

$2,850+505.1%

$2,281+656.0%

Participant deferral / active EE

$5,060

$2,587+95.6%

$3,517+43.9%

$3,203+58.0%

Admin fee / account holder

$4,821

$3,206+50.4%

$4,510+6.9%

$4,296+12.2%

FOUNDATION FOR THE GLOBAL COMPACT 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOUNDATION FOR THE GLOBAL COMPACT 403(B) 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