Retirement plan

SISTERS OF ST. FRANCIS OF TIFFIN, OH EMPLOYEES' 401K PLAN

Name: SISTERS OF ST. FRANCIS OF TIFFIN, OH - SISTERS OF ST. FRANCIS OF TIFFIN, OH EMPLOYEES' 401K PLAN (2020) Form 5500
Creator: SISTERS OF ST. FRANCIS OF TIFFIN, OH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SISTERS OF ST. FRANCIS OF TIFFIN, OH EMPLOYEES' 401K PLAN, SISTERS OF ST. FRANCIS OF TIFFIN, OH

SISTERS OF ST. FRANCIS OF TIFFIN, OHEIN 34-4428986Plan #001PY 2020

200 SAINT FRANCIS AVENUE - TIFFIN, OH 44883419-447-0435tiffinfranciscans.orgLinkedIn11-50 employeesreligious institutions

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

+10.4% from 2019

Total participants

+8.0% from 2019

Average account balance

$45,414

+6.0% from 2019

Annual return

15.65%

-9.08 pp from 2019

Benchmarks

See 36,228 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,228 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$652K

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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

$75K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+5.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$77347

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$126K

$6001 / participant

Other / not subdivided$126K100.0%

% of EOY assets

11.100%

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

$45,414

$100,895-55.0%

$90,430-49.8%

$158,950-71.4%

Participation rate

90.5%

75.0%+15.5pp

72.7%+17.8pp

82.0%+8.5pp

Annual return

15.65%

1725.54%-1709.9pp

1293.73%-1278.1pp

302.91%-287.3pp

Employer contribution / active EE

$1,384

$3,689-62.5%

$3,262-57.6%

$4,762-70.9%

Participant deferral / active EE

$1,987

$4,347-54.3%

$3,963-49.9%

$5,983-66.8%

Admin fee / account holder

$5,041

$6,505-22.5%

$5,613-10.2%

$11,248-55.2%

SISTERS OF ST. FRANCIS OF TIFFIN, OH EMPLOYEES' 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SISTERS OF ST. FRANCIS OF TIFFIN, OH EMPLOYEES' 401K 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