Retirement plan

THE CONRAD PREBYS FOUNDATION 401(K) PROFIT SHARING PLAN & TRUST

Name: THE CONRAD PREBYS FOUNDATION - THE CONRAD PREBYS FOUNDATION 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: THE CONRAD PREBYS FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CONRAD PREBYS FOUNDATION 401(K) PROFIT SHARING PLAN & TRUST, THE CONRAD PREBYS FOUNDATION

THE CONRAD PREBYS FOUNDATIONEIN 20-3216993Plan #001PY 2024

1420 KETTNER BLVD STE 700 - SAN DIEGO, CA 921012433619-860-2100

Prospect flagsHigh fees

Top hat statement on fileNQDC

Filed December 8, 2022

Plan administrator

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1660 Hotel Circle North

San Diego, CA 92108

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Plans declared (2)

THE CONRAD PREBYS FOUNDATION SECTION 457(b) DEFERRED COMPENSATION PLAN2 emp
THE CONRAD PREBYS FOUNDATION SECTION 457(f) DEFERRED COMPENSATION PLAN2 emp

Total covered: 4 employees

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Total assets (EOY)

$1.3M

+111.6% from 2023

Total participants

+35.7% from 2023

Average account balance

$69,199

+55.9% from 2023

Annual return

15.95%

-88.78 pp from 2023

Benchmarks

See 49,949 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,949 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.31M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

105.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$692K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$38K

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

+15.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5361

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

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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 codes2E2F2G2J2T3D

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.
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

$102K

$5659 / participant

Other / not subdivided$102K100.0%

% of EOY assets

7.747%

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

$69,199

$88,754-22.0%

$81,820-15.4%

$145,877-52.6%

Participation rate

100.0%

75.1%+24.9pp

72.4%+27.6pp

80.3%+19.7pp

Annual return

15.95%

1031.77%-1015.8pp

777.93%-762.0pp

551.28%-535.3pp

Employer contribution / active EE

$24,762

$3,085+702.6%

$2,915+749.5%

$4,663+431.0%

Participant deferral / active EE

$13,710

$4,648+195.0%

$4,323+217.2%

$6,691+104.9%

Admin fee / account holder

$5,361

$8,424-36.4%

$7,391-27.5%

$13,402-60.0%

THE CONRAD PREBYS FOUNDATION 401(K) PROFIT SHARING PLAN & TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CONRAD PREBYS FOUNDATION 401(K) PROFIT SHARING PLAN & TRUST

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

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