Retirement plan

THE COMMONFUND RETIREMENT SAVINGS PLAN

Name: THE COMMON FUND FOR NONPROFITS - THE COMMONFUND RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: THE COMMON FUND FOR NONPROFITS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE COMMONFUND RETIREMENT SAVINGS PLAN, THE COMMON FUND FOR NONPROFITS

THE COMMON FUND FOR NONPROFITSEIN 23-7037968Plan #004PY 2023

15 OLD DANBURY ROAD - WILTON, CT 06897203-563-5100

Other plans on this EIN

3 filings

#002Retirement-$13.5M assets #003Retirement-$6.5M assets #001Retirement-$3.6M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$126.1M

+19.8% from 2022

Total participants

272

+8.4% from 2022

Average account balance

$479,571

+10.2% from 2022

Annual return

20.11%

+36.63 pp from 2022

Benchmarks

See 2,152 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,152 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$142.24M

Not enough data

1 years with asset history on file

Average account balance

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

$527K

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.

270

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.

96.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+16.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$203

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

Top 4 by compensation

Provider	Service type	Compensation
CETERA ADVISOR NETWORKS LLC3 years Service code 27 · EIN 95-3845382	Advisory (Plan)	$74,078
PRICEWATERHOUSECOOPERS LLP6 years Filed as: PWC Service code 10 · EIN 13-4008324	Accounting	$47,000
CETERA ADVISOR NETWORKS LLC1 year Filed as: CETERA INVESTMENT ADVISORS LLC Service code 27 · EIN 36-3258176	Advisory (Plan)	$26,931
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 37 · EIN 04-2647786	Loan Processing	-$91,252

Plan features & details

Pension benefit codes2E2F2G2J2T3H3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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.
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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$59K

$326 / participant

Investment mgmt$101K171.9%

% of EOY assets

0.047%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PRICEWATERHOUSE COOPERS LLP
Auditor EIN: 134008324
Audit fees: $49,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$479,571

$130,294+268.1%

$170,043+182.0%

$71,511+570.6%

Participation rate

95.0%

86.2%+8.8pp

87.0%+8.0pp

67.9%+27.1pp

Annual return

20.11%

20.36%-0.3pp

53.40%-33.3pp

28.86%-8.7pp

Employer contribution / active EE

$10,754

$4,385+145.3%

$6,790+58.4%

$2,589+315.3%

Participant deferral / active EE

$15,678

$6,928+126.3%

$10,410+50.6%

$4,291+265.4%

Admin fee / account holder

$223

$966-76.9%

$12,824-98.3%

$1,588-85.9%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC3 years

Service code 27 · EIN 95-3845382

Advisory (Plan)

$74,078

PRICEWATERHOUSECOOPERS LLP6 years

Filed as: PWC

Service code 10 · EIN 13-4008324

Accounting

$47,000

CETERA ADVISOR NETWORKS LLC1 year

Filed as: CETERA INVESTMENT ADVISORS LLC

Service code 27 · EIN 36-3258176

Advisory (Plan)

$26,931

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$91,252

THE COMMONFUND RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE COMMONFUND RETIREMENT SAVINGS 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