Retirement plan

THE HYDE AND WATSON FOUNDATION, INC. TAX DEFERRED ANNUITY PLAN

Name: THE HYDE AND WATSON FOUNDATION, INC. - THE HYDE AND WATSON FOUNDATION, INC. TAX DEFERRED ANNUITY PLAN (2021) Form 5500
Creator: THE HYDE AND WATSON FOUNDATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HYDE AND WATSON FOUNDATION, INC. TAX DEFERRED ANNUITY PLAN, THE HYDE AND WATSON FOUNDATION, INC.

THE HYDE AND WATSON FOUNDATION, INC.EIN 22-2425725Plan #005PY 2021

31-F MOUNTAIN BLVD - WARREN, NJ 07059908-753-3700LinkedIn1-10 employeesmuseums and institutions

Other plans on this EIN

1 filing

#004Retirement-$70K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$4.9M

+12.7% from 2020

Total participants

0.0% from 2020

Average account balance

$822,506

+12.7% from 2020

Annual return

10.32%

-8.30 pp from 2020

Benchmarks

See 37,618 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort37,618 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.77M

Not enough data

1 years with asset history on file

Average account balance

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

$962K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$215K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$43K

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

+13.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$172886

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 codes2L2G3D

Plan features

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$38K

$7644 / participant

Other / not subdivided$38K100.0%

% of EOY assets

0.774%

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

$822,506

$109,872+648.6%

$98,483+735.2%

$167,536+390.9%

Participation rate

100.0%

75.8%+24.2pp

73.3%+26.7pp

82.1%+17.9pp

Annual return

10.32%

1959.31%-1949.0pp

1494.38%-1484.1pp

478.82%-468.5pp

Employer contribution / active EE

$22,295

$3,225+591.3%

$2,961+653.0%

$4,839+360.7%

Participant deferral / active EE

$5,760

$4,673+23.3%

$4,276+34.7%

$6,342-9.2%

Admin fee / account holder

$6,370

$6,757-5.7%

$5,953+7.0%

$12,315-48.3%

THE HYDE AND WATSON FOUNDATION, INC. TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HYDE AND WATSON FOUNDATION, INC. TAX DEFERRED ANNUITY 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