Retirement plan

THE RESURRECTION PROJECT 403B PLAN

Name: THE RESURRECTION PROJECT - THE RESURRECTION PROJECT 403B PLAN (2024) Form 5500
Creator: THE RESURRECTION PROJECT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE RESURRECTION PROJECT 403B PLAN, THE RESURRECTION PROJECT

THE RESURRECTION PROJECTEIN 36-3576073Plan #001PY 2024

1818 SOUTH PAULINA - CHICAGO, IL 60608312-666-1323resurrectionproject.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$3.5M

+8.6% from 2023

Total participants

192

-4.0% from 2023

Average account balance

$29,905

+4.9% from 2023

Annual return

15.15%

-3.12 pp from 2023

Benchmarks

See 2,053 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort2,053 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.53M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

118

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.

41.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$347K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39

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 1 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS8 years Filed as: CAPITAL RESEARCH AND MANAGMENT Service code 15 PO BOX 6040 · INDIANAPOLIS, IN 46206	Recordkeeping	$4,626

Plan features & details

Pension benefit codes2G2K2L2T3D3H

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$5K

$37 / participant

Recordkeeping$5K100.0%

% of EOY assets

0.131%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CHERRY BEKAERT, LLP
Auditor EIN: 560574444
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,905

$60,454-50.5%

$81,844-63.5%

$74,459-59.8%

Participation rate

41.3%

63.0%-21.7pp

72.4%-31.1pp

67.2%-26.0pp

Annual return

15.15%

16.87%-1.7pp

778.87%-763.7pp

1369.70%-1354.6pp

Employer contribution / active EE

$348

$2,630-86.7%

$2,916-88.1%

$2,626-86.7%

Participant deferral / active EE

$2,405

$3,398-29.2%

$4,323-44.4%

$4,350-44.7%

Admin fee / account holder

$39

$1,490-97.4%

$7,355-99.5%

$1,945-98.0%

Provider

Service type

Compensation

AMERICAN FUNDS8 years

Filed as: CAPITAL RESEARCH AND MANAGMENT

Service code 15

PO BOX 6040 · INDIANAPOLIS, IN 46206

Recordkeeping

$4,626

THE RESURRECTION PROJECT 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE RESURRECTION PROJECT 403B 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