Retirement plan

NATIONAL FEDERATION OF STATE HIGH SCHOOLS 401(K) PLAN

Name: NATIONAL FEDERATION OF STATE HIGH SCHOOL ASSOCIATIONS - NATIONAL FEDERATION OF STATE HIGH SCHOOLS 401(K) PLAN (2020) Form 5500
Creator: NATIONAL FEDERATION OF STATE HIGH SCHOOL ASSOCIATIONS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL FEDERATION OF STATE HIGH SCHOOLS 401(K) PLAN, NATIONAL FEDERATION OF STATE HIGH SCHOOL ASSOCIATIONS

NATIONAL FEDERATION OF STATE HIGH SCHOOL ASSOCIATIONSEIN 36-2167806Plan #002PY 2020

690 W. WASHINGTON ST. - INDIANAPOLIS, IN 46204317-972-6900hsfootball.netLinkedIn501-1000 employeessports

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$9M

+3.8% from 2019

Total participants

+2.1% from 2019

Average account balance

$183,937

+1.7% from 2019

Annual return

5.96%

+2.95 pp from 2019

Benchmarks

See 3,927 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,927 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.58M

Not enough data

1 years with asset history on file

Average account balance

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

$283K

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.

126.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$686K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+9.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13591

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

Expense breakdown

Schedule H Part II

Admin total

$846K

$20143 / participant

Other / not subdivided$846K100.0%

% of EOY assets

9.387%

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

$183,937

$49,255+273.4%

$70,494+160.9%

$79,856+130.3%

Participation rate

100.0%

69.2%+30.8pp

75.1%+24.9pp

69.6%+30.4pp

Annual return

5.96%

30.10%-24.1pp

109.16%-103.2pp

31.71%-25.8pp

Employer contribution / active EE

$10,516

$2,100+400.8%

$2,738+284.1%

$2,471+325.5%

Participant deferral / active EE

$4,752

$2,768+71.7%

$3,711+28.1%

$3,741+27.0%

Admin fee / account holder

$17,266

$2,879+499.7%

$3,848+348.7%

$5,306+225.4%

NATIONAL FEDERATION OF STATE HIGH SCHOOLS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL FEDERATION OF STATE HIGH SCHOOLS 401(K) 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