Retirement plan

SILICON VALLEY COMMUNITY FOUNDATION 403(B) RETIREMENT PLAN

Name: SILICON VALLEY COMMUNITY FOUNDATION - SILICON VALLEY COMMUNITY FOUNDATION 403(B) RETIREMENT PLAN (2018) Form 5500
Creator: SILICON VALLEY COMMUNITY FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SILICON VALLEY COMMUNITY FOUNDATION 403(B) RETIREMENT PLAN, SILICON VALLEY COMMUNITY FOUNDATION

SILICON VALLEY COMMUNITY FOUNDATIONEIN 20-5205488Plan #001PY 2018

2440 WEST EL CAMINO REAL, SUITE 300 - MOUNTAIN VIEW, CA 94040650-450-5566siliconvalleycf.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed December 5, 2019 (most recent of 3 filings on file)

Plan administrator

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2440 W. El Camino Real, Suite 300

Mountain View, CA 94040

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Plans declared (1)

Silicon Valley Community Foundation 457(b) Plan40 emp

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Total assets (EOY)

$17.7M

-4.1% from 2017

Total participants

332

+7.8% from 2017

Average account balance

$62,326

-9.5% from 2017

Annual return

-4.40%

-22.53 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.14M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

235

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+10.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$277

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

1 years with F_SCH_H allocation on file

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.4+ years Service code 15 · EIN 27-2037969	Recordkeeping	$13,417

Plan features & details

Pension benefit codes2F2J2M2T3F

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).
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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$13K

$74 / participant

Contract admin$13K100.0%

% of EOY assets

0.076%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,326

$44,873+38.9%

$79,467-21.6%

$56,289+10.7%

Participation rate

73.6%

68.7%+4.9pp

73.3%+0.3pp

69.9%+3.8pp

Annual return

-4.40%

0.81%-5.2pp

718.30%-722.7pp

-9.96%+5.6pp

Employer contribution / active EE

$3,331

$2,140+55.7%

$2,800+19.0%

$2,111+57.8%

Participant deferral / active EE

$5,653

$2,746+105.9%

$3,704+52.6%

$3,350+68.8%

Admin fee / account holder

$47

$418-88.7%

$5,104-99.1%

$521-90.9%

Provider

Service type

Compensation

NEWPORT GROUP, INC.4+ years

Service code 15 · EIN 27-2037969

Recordkeeping

$13,417

SILICON VALLEY COMMUNITY FOUNDATION 403(B) RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SILICON VALLEY COMMUNITY FOUNDATION 403(B) RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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