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 (2022) 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 2022

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$68.9M

-16.3% from 2021

Total participants

627

+3.1% from 2021

Average account balance

$113,828

-22.9% from 2021

Annual return

-16.98%

-34.07 pp from 2021

Benchmarks

See 934 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort934 peers

Snapshot2022

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.4 years Service code 12 · EIN 27-2037969	Claims processing; Recordkeeping fees...	$45,163
NEWPORT GROUP, INC.4 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131	Bank Trustee	$21,863

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$67K

$195 / participant

Contract admin$45K67.4%
Other / not subdivided$22K32.6%

% of EOY assets

0.097%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$113,828

$47,766+138.3%

$82,763+37.5%

$64,824+75.6%

Participation rate

93.6%

67.7%+25.9pp

72.6%+21.0pp

71.5%+22.1pp

Annual return

-16.98%

-13.06%-3.9pp

702.45%-719.4pp

32.84%-49.8pp

Employer contribution / active EE

$5,220

$2,182+139.3%

$3,008+73.5%

$2,507+108.2%

Participant deferral / active EE

$9,059

$3,332+171.9%

$4,395+106.1%

$4,311+110.1%

Admin fee / account holder

$111

$143-22.5%

$5,325-97.9%

$188-41.0%

Provider

Service type

Compensation

NEWPORT GROUP, INC.4 years

Service code 12 · EIN 27-2037969

Claims processing; Recordkeeping fees...

$45,163

NEWPORT GROUP, INC.4 years

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 27-4411131

Bank Trustee

$21,863

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