Retirement plan

THE SOUTHAMPTON ANIMAL SHELTER FOUNDATION, INC 401K PLAN

Name: THE SOUTHAMPTON ANIMAL SHELTER - THE SOUTHAMPTON ANIMAL SHELTER FOUNDATION, INC 401K PLAN (2024) Form 5500
Creator: THE SOUTHAMPTON ANIMAL SHELTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE SOUTHAMPTON ANIMAL SHELTER FOUNDATION, INC 401K PLAN, THE SOUTHAMPTON ANIMAL SHELTER

THE SOUTHAMPTON ANIMAL SHELTEREIN 27-1019073Plan #001PY 2024

PO BOX 696 - HAMPTON BAYS, NY 11946631-728-7387LinkedIn11-50 employees

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$66K

+97.3% from 2023

Total participants

+76.5% from 2023

Average account balance

$16,423

+97.3% from 2023

Annual return

16.20%

-5.33 pp from 2023

Benchmarks

See 10,680 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,680 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

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

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+0.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$16,423

$58,241-71.8%

$81,780-79.9%

$80,911-79.7%

Participation rate

3.7%

63.4%-59.7pp

72.4%-68.7pp

67.6%-63.9pp

Annual return

16.20%

41.73%-25.5pp

776.27%-760.1pp

35.63%-19.4pp

Employer contribution / active EE

$2,343-100.0%

$2,914-100.0%

$2,756-100.0%

Participant deferral / active EE

$1,000

$3,283-69.5%

$4,321-76.9%

$4,297-76.7%

Admin fee / account holder

$4,973-100.0%

$7,384-100.0%

$6,935-100.0%

THE SOUTHAMPTON ANIMAL SHELTER FOUNDATION, INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

THE SOUTHAMPTON ANIMAL SHELTER FOUNDATION, INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion