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 (2021) 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 2021

101 MONTGOMERY STREET, SUITE 900 - SAN FRANCISCO, CA 94104415-495-4014tpl.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$82.3M

+16.3% from 2020

Total participants

608

+0.3% from 2020

Average account balance

$147,716

+18.8% from 2020

Annual return

17.09%

+3.03 pp from 2020

Benchmarks

See 866 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort866 peers

Snapshot2021

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 3 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.3 years Service code 12 · EIN 27-2037969	Float revenue; Recordkeeping fees; Cl...	$51,352
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH Service code 26 555 CALIFORNIA STREET · SAN FRANCISCO, CA 94104	Advisory (Participants)	$25,000
NEWPORT GROUP, INC.3 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131	Bank Trustee	$22,479

Plan features & details

Pension benefit codes2F2G2L2M2S2T3D3F

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$99K

$303 / participant

Investment mgmt$25K25.3%
Contract admin$51K52.0%
Other / not subdivided$22K22.7%

% of EOY assets

0.120%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$147,716

$58,344+153.2%

$98,506+50.0%

$86,821+70.1%

Participation rate

84.4%

68.4%+16.0pp

73.3%+11.0pp

72.3%+12.1pp

Annual return

17.09%

43.47%-26.4pp

1494.92%-1477.8pp

97.94%-80.8pp

Employer contribution / active EE

$4,421

$2,008+120.2%

$2,961+49.3%

$2,406+83.7%

Participant deferral / active EE

$8,667

$3,156+174.6%

$4,277+102.6%

$4,132+109.8%

Admin fee / account holder

$177

$138+28.8%

$5,955-97.0%

$170+4.6%

Provider

Service type

Compensation

NEWPORT GROUP, INC.3 years

Service code 12 · EIN 27-2037969

Float revenue; Recordkeeping fees; Cl...

$51,352

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH

Service code 26

555 CALIFORNIA STREET · SAN FRANCISCO, CA 94104

Advisory (Participants)

$25,000

NEWPORT GROUP, INC.3 years

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 27-4411131

Bank Trustee

$22,479

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