Retirement plan

AMERICAN FEDERATION OF TEACHERS MANAGEMENT RETIREMENT PLAN

Name: AMERICAN FEDERATION OF TEACHERS AFL-CIO - AMERICAN FEDERATION OF TEACHERS MANAGEMENT RETIREMENT PLAN (2019) Form 5500
Creator: AMERICAN FEDERATION OF TEACHERS AFL-CIO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN FEDERATION OF TEACHERS MANAGEMENT RETIREMENT PLAN, AMERICAN FEDERATION OF TEACHERS AFL-CIO

AMERICAN FEDERATION OF TEACHERS AFL-CIOEIN 36-0725240Plan #004PY 2019

4440 ASH GROVE, SUITE A - SPRINGFIELD, IL 62711202-879-4400LinkedIn201-500 employeescivic & social organization

Other plans on this EIN

3 filings

#002Retirement-$73.3M assets #001Retirement-$39.2M assets #003Retirement-$13.6M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$93.9M

+14.1% from 2018

Total participants

140

+0.7% from 2018

Average account balance

$670,842

+11.6% from 2018

Annual return

22.16%

+25.60 pp from 2018

Benchmarks

See 8,598 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,598 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$104.36M

Not enough data

1 years with asset history on file

Average account balance

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

$665K

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.

157

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

$4.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$45K

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

+18.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$34

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY5+ years Filed as: MORGAN STANLEY Service code 19 · EIN 20-8764829	Securities Custodian	$102,010
CHARLES SCHWAB & CO., INC.5+ years Service code 27 · EIN 94-1737782	Advisory (Plan)	$2,636
RESEARCH FINANCIAL STRATEGIES5+ years Service code 27 · EIN 27-1964375	Advisory (Plan)	$1,641

Plan features & details

Pension benefit codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$4K

$44 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.004%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KERBER, ECK & BRAECKEL
Auditor EIN: 430352985
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$670,842

$54,763+1125.0%

$90,324+642.7%

$72,976+819.3%

Participation rate

100.0%

65.2%+34.8pp

73.3%+26.7pp

69.5%+30.5pp

Annual return

22.16%

30.63%-8.5pp

78.15%-56.0pp

81.02%-58.9pp

Employer contribution / active EE

$37,798

$2,093+1705.6%

$2,856+1223.6%

$2,440+1449.1%

Participant deferral / active EE

$4,867

$2,887+68.6%

$3,885+25.3%

$3,608+34.9%

Admin fee / account holder

$29

$3,973-99.3%

$5,356-99.5%

$5,124-99.4%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY5+ years

Filed as: MORGAN STANLEY

Service code 19 · EIN 20-8764829

Securities Custodian

$102,010

CHARLES SCHWAB & CO., INC.5+ years

Service code 27 · EIN 94-1737782

Advisory (Plan)

$2,636

RESEARCH FINANCIAL STRATEGIES5+ years

Service code 27 · EIN 27-1964375

Advisory (Plan)

$1,641

AMERICAN FEDERATION OF TEACHERS MANAGEMENT RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN FEDERATION OF TEACHERS MANAGEMENT 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