Retirement plan

EMPLOYEE BENEFIT PLAN OF AIDS RESOURCE FOUNDATION FOR CHILDREN, INC.

Name: AIDS RESOURCE FOUNDATION FOR CHILDREN, INC. - EMPLOYEE BENEFIT PLAN OF AIDS RESOURCE FOUNDATION FOR CHILDREN, INC. (2019) Form 5500
Creator: AIDS RESOURCE FOUNDATION FOR CHILDREN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF AIDS RESOURCE FOUNDATION FOR CHILDREN, INC., AIDS RESOURCE FOUNDATION FOR CHILDREN, INC.

AIDS RESOURCE FOUNDATION FOR CHILDREN, INC.EIN 22-2696986Plan #002PY 2019

77 ACADEMY ST - NEWARK, NJ 071021711973-643-0400aidsresource.orgLinkedIn51-200 employeesnon-profit organization management

Other plans on this EIN

1 filing

#001Retirement-$40K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.6M

+17.7% from 2018

Total participants

116

+13.7% from 2018

Average account balance

$30,656

+3.5% from 2018

Annual return

21.90%

-2.22 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.74M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

109

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.

294.6%

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

$6K

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

+10.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3246

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 codes2F2G2T3D

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.
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

$511K

$7978 / participant

Other / not subdivided$511K100.0%

% of EOY assets

14.359%

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

$30,656

$85,171-64.0%

$172,753-82.3%

$72,976-58.0%

Participation rate

100.0%

70.1%+29.9pp

82.6%+17.4pp

69.5%+30.5pp

Annual return

21.90%

27.32%-5.4pp

803.00%-781.1pp

81.02%-59.1pp

Employer contribution / active EE

$3,483

$3,324+4.8%

$5,144-32.3%

$2,440+42.7%

Participant deferral / active EE

$2,359

$3,260-27.6%

$5,198-54.6%

$3,608-34.6%

Admin fee / account holder

$4,402

$5,880-25.1%

$13,956-68.5%

$5,124-14.1%

EMPLOYEE BENEFIT PLAN OF AIDS RESOURCE FOUNDATION FOR CHILDREN, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF AIDS RESOURCE FOUNDATION FOR CHILDREN, INC.

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