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 (2023) 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 2023

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$81.2M

+18.0% from 2022

Total participants

673

+7.3% from 2022

Average account balance

$123,659

+8.6% from 2022

Annual return

19.91%

+36.89 pp from 2022

Benchmarks

See 1,011 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,011 peers

Snapshot2023

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.5 years Service code 12 · EIN 27-2037969	Participant loan processing; Sub-tran...	$47,640
NEWPORT GROUP, INC.5 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131	Bank Trustee	$21,841

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$69K

$192 / participant

Recordkeeping$1K2.1%
Trustee / custodial$22K31.4%
Contract admin$46K66.4%

% of EOY assets

0.086%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$123,659

$52,188+136.9%

$86,656+42.7%

$74,473+66.0%

Participation rate

95.6%

66.3%+29.3pp

71.7%+23.9pp

70.7%+24.8pp

Annual return

19.91%

44.46%-24.5pp

593.09%-573.2pp

34.36%-14.4pp

Employer contribution / active EE

$6,492

$2,282+184.5%

$3,025+114.6%

$2,638+146.1%

Participant deferral / active EE

$10,397

$3,383+207.4%

$4,439+134.2%

$4,530+129.5%

Admin fee / account holder

$106

$319-66.8%

$5,619-98.1%

$347-69.5%

Provider

Service type

Compensation

NEWPORT GROUP, INC.5 years

Service code 12 · EIN 27-2037969

Participant loan processing; Sub-tran...

$47,640

NEWPORT GROUP, INC.5 years

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 27-4411131

Bank Trustee

$21,841

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