Retirement plan

EMPLOYEE BENEFIT PLAN OF AFFORDABLE HOUSING ALLIANCE, INC.

Name: AFFORDABLE HOUSING ALLIANCE, INC. - EMPLOYEE BENEFIT PLAN OF AFFORDABLE HOUSING ALLIANCE, INC. (2022) Form 5500
Creator: AFFORDABLE HOUSING ALLIANCE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF AFFORDABLE HOUSING ALLIANCE, INC., AFFORDABLE HOUSING ALLIANCE, INC.

AFFORDABLE HOUSING ALLIANCE, INC.EIN 22-3114280Plan #003PY 2022

3535 ROUTE 66 - NEPTUNE, NJ 077532622732-389-2958housingall.orgLinkedIn51-200 employeesnon-profit organization management

Other plans on this EIN

1 filing

#002Retirement-$389K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.7M

+7.8% from 2021

Total participants

128

+23.1% from 2021

Average account balance

$14,896

-6.2% from 2021

Annual return

-12.00%

-23.85 pp from 2021

Benchmarks

See 3,975 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants25-99

Cohort3,975 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$2.63M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

135.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$313K

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

+11.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2694

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$67K

$812 / participant

Other / not subdivided$67K100.0%

% of EOY assets

3.899%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,896

$69,010-78.4%

$159,960-90.7%

$68,494-78.3%

Participation rate

85.5%

65.4%+20.1pp

78.0%+7.6pp

67.9%+17.7pp

Annual return

-12.00%

-9.65%-2.4pp

408.60%-420.6pp

-7.84%-4.2pp

Employer contribution / active EE

$2,049

$2,213-7.4%

$4,226-51.5%

$2,596-21.1%

Participant deferral / active EE

$2,570

$4,212-39.0%

$6,182-58.4%

$4,027-36.2%

Admin fee / account holder

$581

$4,798-87.9%

$8,698-93.3%

$5,403-89.2%

EMPLOYEE BENEFIT PLAN OF AFFORDABLE HOUSING ALLIANCE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF AFFORDABLE HOUSING ALLIANCE, 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