Retirement plan

THE TRUST FOR PUBLIC LAND TAX-DEFERRED RETIREMENT PLAN

Name: THE TRUST FOR PUBLIC LAND - THE TRUST FOR PUBLIC LAND TAX-DEFERRED RETIREMENT PLAN (2024) Form 5500
Creator: THE TRUST FOR PUBLIC LAND
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE TRUST FOR PUBLIC LAND TAX-DEFERRED RETIREMENT PLAN, THE TRUST FOR PUBLIC LAND

THE TRUST FOR PUBLIC LANDEIN 23-7222333Plan #003PY 2024

23 GEARY ST, SUITE 1000 - SAN FRANCISCO, CA 94108415-495-4014tpl.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$95.4M

+17.4% from 2023

Total participants

662

-1.6% from 2023

Average account balance

$149,056

+20.5% from 2023

Annual return

14.80%

-5.12 pp from 2023

Benchmarks

See 1,035 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,035 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$95.40M

Not enough data

1 years with asset history on file

Average account balance

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

$149K

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.

640

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.

94.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.06M

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

+14.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$122

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 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.6 years Service code 12 · EIN 27-2037969	Claims processing; Participant loan p...	$51,503
NEWPORT GROUP, INC.6 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131	Bank Trustee	$26,458

Plan features & details

Pension benefit codes2F2G2L2M2S2T3D

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).
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.
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.
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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$78K

$204 / participant

Recordkeeping$2K2.4%
Trustee / custodial$26K33.9%
Contract admin$50K63.7%

% of EOY assets

0.082%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BPM, LLP
Auditor EIN: 814234542
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$149,056

$65,960+126.0%

$81,882+82.0%

$77,762+91.7%

Participation rate

94.3%

65.8%+28.5pp

72.4%+21.9pp

70.6%+23.7pp

Annual return

14.80%

26.64%-11.8pp

779.47%-764.7pp

31.27%-16.5pp

Employer contribution / active EE

$6,879

$2,375+189.6%

$2,916+135.9%

$2,728+152.2%

Participant deferral / active EE

$11,551

$3,505+229.5%

$4,323+167.2%

$4,651+148.4%

Admin fee / account holder

$122

$526-76.9%

$7,360-98.3%

$433-71.9%

Provider

Service type

Compensation

NEWPORT GROUP, INC.6 years

Service code 12 · EIN 27-2037969

Claims processing; Participant loan p...

$51,503

NEWPORT GROUP, INC.6 years

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 27-4411131

Bank Trustee

$26,458

THE TRUST FOR PUBLIC LAND TAX-DEFERRED RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE TRUST FOR PUBLIC LAND TAX-DEFERRED 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