Retirement plan

EDWARD M KENNEDY INSTITUTE FOR 401 K PROFIT SHARING PLAN TRUST

Name: EDWARD M KENNEDY INSTITUTE FOR - EDWARD M KENNEDY INSTITUTE FOR 401 K PROFIT SHARING PLAN TRUST (2017) Form 5500
Creator: EDWARD M KENNEDY INSTITUTE FOR
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EDWARD M KENNEDY INSTITUTE FOR 401 K PROFIT SHARING PLAN TRUST, EDWARD M KENNEDY INSTITUTE FOR

EDWARD M KENNEDY INSTITUTE FOREIN 27-0963869Plan #001PY 2017

210 MORRISSEY BLVD - BOSTON, MA 02125617-740-7000LinkedIn11-50 employeesmuseums and institutions

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$874K

+51.3% from 2016

Total participants

+20.5% from 2016

Average account balance

$11,200

+51.3% from 2016

Annual return

18.34%

+8.33 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.50M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

164.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$212K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.41%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1034

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.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$59K

$915 / participant

Other / not subdivided$59K100.0%

% of EOY assets

6.805%

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

$11,200

$85,766-86.9%

$136,298-91.8%

$70,126-84.0%

Participation rate

75.4%

74.2%+1.2pp

81.9%-6.5pp

69.5%+5.8pp

Annual return

18.34%

31.46%-13.1pp

5156.27%-5137.9pp

73.15%-54.8pp

Employer contribution / active EE

$1,007

$2,966-66.1%

$4,696-78.6%

$2,343-57.0%

Participant deferral / active EE

$2,737

$5,051-45.8%

$6,247-56.2%

$3,332-17.9%

Admin fee / account holder

$762

$5,421-85.9%

$9,244-91.8%

$4,645-83.6%

EDWARD M KENNEDY INSTITUTE FOR 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EDWARD M KENNEDY INSTITUTE FOR 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