Retirement plan

HISTORICAL SOCIETY OF PENNSYLVANIA DEFINED CONTRIBUTION RETIREMENT PLAN

Name: HISTORICAL SOCIETY OF PENNSYLVANIA - HISTORICAL SOCIETY OF PENNSYLVANIA DEFINED CONTRIBUTION RETIREMENT PLAN (2018) Form 5500
Creator: HISTORICAL SOCIETY OF PENNSYLVANIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HISTORICAL SOCIETY OF PENNSYLVANIA DEFINED CONTRIBUTION RETIREMENT PLAN, HISTORICAL SOCIETY OF PENNSYLVANIA

HISTORICAL SOCIETY OF PENNSYLVANIAEIN 23-1352322Plan #003PY 2018

1300 LOCUST STREET - PHILADELPHIA, PA 19107215-732-6200hsp.orgLinkedIn51-200 employeesresearch

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4.5M

+3.9% from 2017

Total participants

165

0.0% from 2017

Average account balance

$28,222

+5.3% from 2017

Annual return

8.77%

-2.44 pp from 2017

Benchmarks

See 8,161 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,161 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.97M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

141

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.

85.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$190K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$61

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

1 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 codes2F2K2M2T3D

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).
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$34K

$927 / participant

Investment mgmt$32K94.0%
Contract admin$2K6.0%

% of EOY assets

0.769%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MCCARTHY & COMPANY, PC
Auditor EIN: 232851329
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,222

$49,177-42.6%

$79,467-64.5%

$64,173-56.0%

Participation rate

81.1%

65.0%+16.1pp

73.3%+7.7pp

69.6%+11.5pp

Annual return

8.77%

-1.16%+9.9pp

718.30%-709.5pp

7.63%+1.1pp

Employer contribution / active EE

$1,424

$2,076-31.4%

$2,800-49.1%

$2,381-40.2%

Participant deferral / active EE

$2,924

$2,821+3.7%

$3,704-21.0%

$3,470-15.7%

Admin fee / account holder

$217

$3,839-94.3%

$5,104-95.7%

$4,887-95.6%

HISTORICAL SOCIETY OF PENNSYLVANIA DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HISTORICAL SOCIETY OF PENNSYLVANIA DEFINED CONTRIBUTION RETIREMENT 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