Retirement plan

BOYS & GIRLS CLUBS OF WESTERN PENNSYLVANIA 401(K) SAVINGS PLAN

Name: BOYS & GIRLS CLUBS OF WESTERN PENNSYLVANIA - BOYS & GIRLS CLUBS OF WESTERN PENNSYLVANIA 401(K) SAVINGS PLAN (2018) Form 5500
Creator: BOYS & GIRLS CLUBS OF WESTERN PENNSYLVANIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOYS & GIRLS CLUBS OF WESTERN PENNSYLVANIA 401(K) SAVINGS PLAN, BOYS & GIRLS CLUBS OF WESTERN PENNSYLVANIA

BOYS & GIRLS CLUBS OF WESTERN PENNSYLVANIAEIN 25-1206970Plan #002PY 2018

33 TERMINAL WAY - PITTSBURGH, PA 15219412-782-5710bgcwpa.orgLinkedIn51-200 employeesindividual & family services

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$1.6M

-15.5% from 2017

Total participants

+3.0% from 2017

Average account balance

$24,583

-11.5% from 2017

Annual return

-6.24%

-20.53 pp from 2017

Benchmarks

See 18,164 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,164 peers

Snapshot2018

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)

$16K

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$302K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+36.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3205

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 codes2E2F2G2J2T3D3F

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

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$259K

$7189 / participant

Other / not subdivided$259K100.0%

% of EOY assets

16.450%

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

$24,583

$75,962-67.6%

$154,108-84.0%

$64,173-61.7%

Participation rate

86.1%

70.4%+15.7pp

83.0%+3.1pp

69.6%+16.5pp

Annual return

-6.24%

30.32%-36.6pp

735.21%-741.4pp

7.63%-13.9pp

Employer contribution / active EE

$1,952

$3,350-41.7%

$5,298-63.2%

$2,381-18.0%

Participant deferral / active EE

$220

$3,175-93.1%

$5,081-95.7%

$3,470-93.7%

Admin fee / account holder

$4,044

$5,589-27.6%

$13,411-69.8%

$4,887-17.3%

BOYS & GIRLS CLUBS OF WESTERN PENNSYLVANIA 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOYS & GIRLS CLUBS OF WESTERN PENNSYLVANIA 401(K) SAVINGS 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