Retirement plan

OHIO FEDERATION OF TEACHERS PROFIT SHARING PLAN

Name: OHIO FEDERATION OF TEACHERS - OHIO FEDERATION OF TEACHERS PROFIT SHARING PLAN (2016) Form 5500
Creator: OHIO FEDERATION OF TEACHERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OHIO FEDERATION OF TEACHERS PROFIT SHARING PLAN, OHIO FEDERATION OF TEACHERS

OHIO FEDERATION OF TEACHERSEIN 31-4269484Plan #001PY 2016

1251 EAST BROAD STREET - COLUMBUS, OH 43205614-258-3240oh.aft.orgLinkedIn11-50 employeespublic policy

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.9M

+13.0% from 2015

Total participants

+11.1% from 2015

Average account balance

$213,918

+13.0% from 2015

Annual return

5.89%

+6.28 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

$2.89M

Not enough data

1 years with asset history on file

Average account balance

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

$206K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$161K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+11.47%

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 codes2E2F2G2J3D2T

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$235

$26 / participant

Other / not subdivided$235100.0%

% of EOY assets

0.012%

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

$213,918

$65,685+225.7%

$57,181+274.1%

$273,968-21.9%

Participation rate

88.9%

78.3%+10.5pp

75.3%+13.5pp

83.0%+5.9pp

Annual return

5.89%

21.99%-16.1pp

14.59%-8.7pp

41.45%-35.6pp

Employer contribution / active EE

$10,197

$3,279+211.0%

$2,682+280.1%

$4,869+109.4%

Participant deferral / active EE

$3,308

$3,781-12.5%

$3,096+6.9%

$5,287-37.4%

Admin fee / account holder

$26

$4,835-99.5%

$3,139-99.2%

$10,132-99.7%

OHIO FEDERATION OF TEACHERS PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OHIO FEDERATION OF TEACHERS PROFIT SHARING 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