Retirement plan

AMERICAN STRING TEACHERS ASSOCIATION TAX DEFERRED ANNUITY PLAN

Name: AMERICAN STRING TEACHERS ASSOC. ASSOCIATION, INC. - AMERICAN STRING TEACHERS ASSOCIATION TAX DEFERRED ANNUITY PLAN (2016) Form 5500
Creator: AMERICAN STRING TEACHERS ASSOC. ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN STRING TEACHERS ASSOCIATION TAX DEFERRED ANNUITY PLAN, AMERICAN STRING TEACHERS ASSOC. ASSOCIATION, INC.

AMERICAN STRING TEACHERS ASSOC. ASSOCIATION, INC.EIN 22-6080964Plan #002PY 2016

4155 CHAIN BRIDGE ROAD - FAIRFAX, VA 220304102703-279-2113astastrings.orgLinkedIn1-10 employeesmusic

Other plans on this EIN

1 filing

#001Retirement-$549K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$234K

No prior year

Total participants

No prior year

Average account balance

$13,742

No prior year

Annual return

1.37%

No prior year

Benchmarks

See 5,387 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,387 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$603K

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

185.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+16.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2G2L2M

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.

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

$252K

$18033 / participant

Other / not subdivided$252K100.0%

% of EOY assets

108.072%

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

$13,742

$65,685-79.1%

$57,181-76.0%

$273,965-95.0%

Participation rate

100.0%

78.3%+21.7pp

75.3%+24.7pp

83.0%+17.0pp

Annual return

1.37%

21.99%-20.6pp

14.59%-13.2pp

41.45%-40.1pp

Employer contribution / active EE

$3,279-100.0%

$2,682-100.0%

$4,869-100.0%

Participant deferral / active EE

$821

$3,781-78.3%

$3,096-73.5%

$5,287-84.5%

Admin fee / account holder

$14,851

$4,835+207.2%

$3,139+373.1%

$10,132+46.6%

AMERICAN STRING TEACHERS ASSOCIATION TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN STRING TEACHERS ASSOCIATION 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