Retirement plan

NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLS 403(B)

Name: NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLS - NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLS 403(B) (2016) Form 5500
Creator: NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLS 403(B), NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLS

NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLSEIN 30-0274709Plan #001PY 2016

1101 15TH STREET NW, SUITE 1010 - WASHINGTON, DC 200055002202-289-1448publiccharters.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.2M

+21.1% from 2015

Total participants

0.0% from 2015

Average account balance

$66,200

+13.8% from 2015

Annual return

9.19%

+10.88 pp from 2015

Benchmarks

See 5,387 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,387 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.16M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$603K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+11.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4894

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 codes2F2G2L2M2T

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.
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.

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

$27K

$1119 / participant

Other / not subdivided$27K100.0%

% of EOY assets

1.230%

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

$66,200

$65,685+0.8%

$57,183+15.8%

$273,970-75.8%

Participation rate

75.0%

78.3%-3.3pp

75.3%-0.3pp

83.0%-8.0pp

Annual return

9.19%

21.99%-12.8pp

14.59%-5.4pp

41.46%-32.3pp

Employer contribution / active EE

$4,502

$3,279+37.3%

$2,682+67.8%

$4,869-7.5%

Participant deferral / active EE

$5,541

$3,781+46.6%

$3,096+79.0%

$5,287+4.8%

Admin fee / account holder

$814

$4,835-83.2%

$3,139-74.1%

$10,132-92.0%

NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLS 403(B)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL ALLIANCE FOR PUBLIC CHARTER SCHOOLS 403(B)

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