Retirement plan

403(B) THRIFT PLAN OF PATRIOTS PATH COUNCIL, BSA.

Name: PATRIOTS PATH COUNCIL, BSA. - 403(B) THRIFT PLAN OF PATRIOTS PATH COUNCIL, BSA. (2016) Form 5500
Creator: PATRIOTS PATH COUNCIL, BSA.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF PATRIOTS PATH COUNCIL, BSA., PATRIOTS PATH COUNCIL, BSA.

PATRIOTS PATH COUNCIL, BSA.EIN 22-3661431Plan #001PY 2016

1 SADDLE RD - CEDAR KNOLLS, NJ 07927973-765-9322LinkedIn11-50 employeesconsumer goods

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.9M

+8.0% from 2015

Total participants

+82.1% from 2015

Average account balance

$37,274

-39.5% from 2015

Annual return

13.26%

+13.48 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.10M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

323.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2985

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 codes2L2S2T3H

Plan features

2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$261K

$5932 / participant

Other / not subdivided$261K100.0%

% of EOY assets

14.005%

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

$37,274

$48,078-22.5%

$78,676-52.6%

$62,881-40.7%

Participation rate

97.7%

65.2%+32.5pp

73.6%+24.2pp

69.3%+28.4pp

Annual return

13.26%

31.36%-18.1pp

62.19%-48.9pp

20.14%-6.9pp

Employer contribution / active EE

$527

$2,015-73.8%

$2,850-81.5%

$2,281-76.9%

Participant deferral / active EE

$3,339

$2,587+29.0%

$3,517-5.1%

$3,203+4.2%

Admin fee / account holder

$5,220

$3,206+62.8%

$4,510+15.7%

$4,296+21.5%

403(B) THRIFT PLAN OF PATRIOTS PATH COUNCIL, BSA.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF PATRIOTS PATH COUNCIL, BSA.

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