Retirement plan

INDIANA STATE TEACHERS ASSOCIATION PROFESSIONAL STAFF ORGANIZATION RETIREMENT PLAN

Name: INDIANA STATE TEACHERS ASSOCIATION - INDIANA STATE TEACHERS ASSOCIATION PROFESSIONAL STAFF ORGANIZATION RETIREMENT PLAN (2016) Form 5500
Creator: INDIANA STATE TEACHERS ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INDIANA STATE TEACHERS ASSOCIATION PROFESSIONAL STAFF ORGANIZATION RETIREMENT PLAN, INDIANA STATE TEACHERS ASSOCIATION

INDIANA STATE TEACHERS ASSOCIATIONEIN 35-1541779Plan #002PY 2016

150 W MARKET STREET, SUITE 900 - INDIANAPOLIS, IN 462042875800-638-7739ista-in.orgLinkedIn51-200 employeescivic & social organization

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$14.6M

+15.7% from 2015

Total participants

+4.3% from 2015

Average account balance

$304,425

+10.9% from 2015

Annual return

14.32%

+9.47 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.68M

Not enough data

1 years with asset history on file

Average account balance

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

$359K

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.

144.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$920K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+6.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$69299

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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$451K

$15032 / participant

Other / not subdivided$451K100.0%

% of EOY assets

3.086%

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

$304,425

$48,078+533.2%

$78,676+286.9%

$62,881+384.1%

Participation rate

96.7%

65.2%+31.5pp

73.6%+23.1pp

69.3%+27.4pp

Annual return

14.32%

31.36%-17.0pp

62.19%-47.9pp

20.14%-5.8pp

Employer contribution / active EE

$17,852

$2,015+786.2%

$2,850+526.4%

$2,281+682.7%

Participant deferral / active EE

$1,980

$2,587-23.5%

$3,517-43.7%

$3,203-38.2%

Admin fee / account holder

$9,395

$3,206+193.1%

$4,510+108.3%

$4,296+118.7%

INDIANA STATE TEACHERS ASSOCIATION PROFESSIONAL STAFF ORGANIZATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INDIANA STATE TEACHERS ASSOCIATION PROFESSIONAL STAFF ORGANIZATION RETIREMENT 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