Retirement plan

NATIONAL PTA 403(B) PLAN

Name: NATIONAL CONGRESS OF PARENTS AND TEACHERS - NATIONAL PTA 403(B) PLAN (2023) Form 5500
Creator: NATIONAL CONGRESS OF PARENTS AND TEACHERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL PTA 403(B) PLAN, NATIONAL CONGRESS OF PARENTS AND TEACHERS

NATIONAL CONGRESS OF PARENTS AND TEACHERSEIN 36-2169155Plan #002PY 2023

1250 N PITT ST - ALEXANDRIA, VA 223145604703-518-1200

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$5.9M

+21.6% from 2022

Total participants

+4.2% from 2022

Average account balance

$93,481

+19.7% from 2022

Annual return

16.65%

+34.73 pp from 2022

Benchmarks

See 9,822 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,822 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.99M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

118.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$820K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+14.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15948

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 codes2F2G2L2T

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$464K

$9477 / participant

Other / not subdivided$464K100.0%

% of EOY assets

7.885%

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

$93,481

$57,285+63.2%

$86,605+7.9%

$75,173+24.4%

Participation rate

77.6%

63.2%+14.4pp

71.7%+5.9pp

67.2%+10.4pp

Annual return

16.65%

2671.04%-2654.4pp

591.39%-574.7pp

160.65%-144.0pp

Employer contribution / active EE

$5,887

$2,315+154.3%

$3,023+94.7%

$2,670+120.5%

Participant deferral / active EE

$7,777

$3,318+134.4%

$4,438+75.3%

$4,126+88.5%

Admin fee / account holder

$7,371

$4,112+79.3%

$5,611+31.4%

$5,651+30.4%

NATIONAL PTA 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL PTA 403(B) 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