Retirement plan

FUND FOR CONSTITUTIONAL GOVERN 401(K) PROFIT SHARING PLAN & TRUST

Name: FUND FOR CONSTITUTIONAL GOVERN - FUND FOR CONSTITUTIONAL GOVERN 401(K) PROFIT SHARING PLAN & TRUST (2019) Form 5500
Creator: FUND FOR CONSTITUTIONAL GOVERN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FUND FOR CONSTITUTIONAL GOVERN 401(K) PROFIT SHARING PLAN & TRUST, FUND FOR CONSTITUTIONAL GOVERN

FUND FOR CONSTITUTIONAL GOVERNEIN 23-7391766Plan #001PY 2019

122 MARYLAND AVE, NE - WASHINGTON, DC 20002202-546-3732fcgonline.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$501K

+57.2% from 2018

Total participants

+13.3% from 2018

Average account balance

$31,312

+37.5% from 2018

Annual return

28.33%

+34.42 pp from 2018

Benchmarks

See 35,133 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,133 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.49M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

131.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$430K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+19.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7914

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

2 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).

Expense breakdown

Schedule H Part II

Admin total

$45K

$3437 / participant

Other / not subdivided$45K100.0%

% of EOY assets

8.918%

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

$31,312

$103,000-69.6%

$90,300-65.3%

$152,885-79.5%

Participation rate

92.3%

75.9%+16.4pp

73.3%+19.0pp

82.5%+9.9pp

Annual return

28.33%

95.19%-66.9pp

78.11%-49.8pp

345.39%-317.1pp

Employer contribution / active EE

$4,513

$3,138+43.8%

$2,854+58.1%

$4,763-5.3%

Participant deferral / active EE

$5,975

$4,281+39.6%

$3,884+53.8%

$5,851+2.1%

Admin fee / account holder

$2,792

$6,173-54.8%

$5,353-47.8%

$11,598-75.9%

FUND FOR CONSTITUTIONAL GOVERN 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FUND FOR CONSTITUTIONAL GOVERN 401(K) PROFIT SHARING PLAN & 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