Retirement plan

WASHINGTON STATE ASSOCIATION FOR JUSTICE 401(K) PLAN AND TRUST

Name: WASHINGTON STATE ASSOCIATION FOR JUSTICE - WASHINGTON STATE ASSOCIATION FOR JUSTICE 401(K) PLAN AND TRUST (2019) Form 5500
Creator: WASHINGTON STATE ASSOCIATION FOR JUSTICE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WASHINGTON STATE ASSOCIATION FOR JUSTICE 401(K) PLAN AND TRUST, WASHINGTON STATE ASSOCIATION FOR JUSTICE

WASHINGTON STATE ASSOCIATION FOR JUSTICEEIN 23-7068627Plan #002PY 2019

1809 7TH AVENUE, SUITE 1500 - SEATTLE, WA 98101206-464-1011washingtonjustice.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesHigh assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$4.2M

+19.6% from 2018

Total participants

-5.6% from 2018

Average account balance

$259,607

+34.6% from 2018

Annual return

21.04%

+26.16 pp from 2018

Benchmarks

See 13,235 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort13,235 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.47M

Not enough data

1 years with asset history on file

Average account balance

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

$249K

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.

180.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$176K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+16.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$87787

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 codes2E2F2G2J2T3D

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.

Opportunity flags

3 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).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$192K

$19190 / participant

Other / not subdivided$192K100.0%

% of EOY assets

4.620%

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

$259,607

$104,953+147.4%

$84,637+206.7%

$152,909+69.8%

Participation rate

90.0%

74.8%+15.2pp

68.2%+21.8pp

82.5%+7.5pp

Annual return

21.04%

373.94%-352.9pp

258.82%-237.8pp

345.46%-324.4pp

Employer contribution / active EE

$7,966

$3,304+141.1%

$2,653+200.2%

$4,764+67.2%

Participant deferral / active EE

$6,278

$4,691+33.8%

$3,900+61.0%

$5,851+7.3%

Admin fee / account holder

$11,994

$6,244+92.1%

$4,914+144.1%

$11,601+3.4%

WASHINGTON STATE ASSOCIATION FOR JUSTICE 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WASHINGTON STATE ASSOCIATION FOR JUSTICE 401(K) PLAN AND TRUST

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