Retirement plan

AMERICAN REFUGEE COMMITTEE DEFINED CONTRIBUTION RETIREMENT PLAN

Name: AMERICAN REFUGEE COMMITTEE - AMERICAN REFUGEE COMMITTEE DEFINED CONTRIBUTION RETIREMENT PLAN (2017) Form 5500
Creator: AMERICAN REFUGEE COMMITTEE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN REFUGEE COMMITTEE DEFINED CONTRIBUTION RETIREMENT PLAN, AMERICAN REFUGEE COMMITTEE

AMERICAN REFUGEE COMMITTEEEIN 36-3241033Plan #001PY 2017

615 1ST AVE NE, SUITE 500 - MINNEAPOLIS, MN 554132681612-872-7060wearealight.orgLinkedIn1001-5000 employeesinternational affairs

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.7M

+16.4% from 2016

Total participants

110

+10.0% from 2016

Average account balance

$34,056

+5.8% from 2016

Annual return

5.48%

-62.50 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.82M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

150

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.

95.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$904K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$130

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

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

Expense breakdown

Schedule H Part II

Admin total

$37K

$719 / participant

Other / not subdivided$37K100.0%

% of EOY assets

0.978%

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

$34,056

$84,236-59.6%

$170,439-80.0%

$70,124-51.4%

Participation rate

100.0%

70.8%+29.2pp

83.6%+16.4pp

69.5%+30.5pp

Annual return

5.48%

23.06%-17.6pp

205.94%-200.5pp

73.14%-67.7pp

Employer contribution / active EE

$3,619

$3,387+6.8%

$5,433-33.4%

$2,342+54.5%

Participant deferral / active EE

$4,002

$3,086+29.7%

$4,939-19.0%

$3,332+20.1%

Admin fee / account holder

$333

$5,698-94.2%

$13,881-97.6%

$4,645-92.8%

AMERICAN REFUGEE COMMITTEE DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN REFUGEE COMMITTEE DEFINED CONTRIBUTION 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