Retirement plan

USA SWIMMING INC NEW ENGLAND S 401(K) PROFIT SHARING PLAN & TRUST

Name: USA SWIMMING INC NEW ENGLAND S - USA SWIMMING INC NEW ENGLAND S 401(K) PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: USA SWIMMING INC NEW ENGLAND S
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, USA SWIMMING INC NEW ENGLAND S 401(K) PROFIT SHARING PLAN & TRUST, USA SWIMMING INC NEW ENGLAND S

USA SWIMMING INC NEW ENGLAND SEIN 31-1102579Plan #001PY 2022

1241 HIGHLAND AVE REAR - NEEDHAM, MA 02492781-449-0270

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$277K

-15.4% from 2021

Total participants

0.0% from 2021

Average account balance

$92,253

-43.6% from 2021

Annual return

-21.19%

-40.40 pp from 2021

Benchmarks

See 8,950 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort8,950 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$354K

Not enough data

1 years with asset history on file

Average account balance

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

$177K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+8.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$31138

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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$120

$40 / participant

Other / not subdivided$120100.0%

% of EOY assets

0.043%

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

$92,253

$152,542-39.5%

$117,498-21.5%

$134,509-31.4%

Participation rate

100.0%

77.1%+22.9pp

70.6%+29.4pp

81.2%+18.8pp

Annual return

-21.19%

53.02%-74.2pp

29.75%-50.9pp

418.13%-439.3pp

Employer contribution / active EE

$1,977

$5,574-64.5%

$4,178-52.7%

$4,741-58.3%

Participant deferral / active EE

$4,384

$4,819-9.0%

$4,071+7.7%

$6,400-31.5%

Admin fee / account holder

$40

$7,006-99.4%

$5,646-99.3%

$11,427-99.6%

USA SWIMMING INC NEW ENGLAND S 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

USA SWIMMING INC NEW ENGLAND S 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