Retirement plan

INTER FACULTY ORGANIZATION 401(A)/401(K) PLAN

Name: INTER FACULTY ORGANIZATION - INTER FACULTY ORGANIZATION 401(A)/401(K) PLAN (2018) Form 5500
Creator: INTER FACULTY ORGANIZATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTER FACULTY ORGANIZATION 401(A)/401(K) PLAN, INTER FACULTY ORGANIZATION

INTER FACULTY ORGANIZATIONdba N/AEIN 36-3608633Plan #001PY 2018

490 CONCORDIA AVE STE 125 - SAINT PAUL, MN 551032412651-227-8442ifo.orgLinkedIn1-10 employeeshigher education

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$2.2M

+5.1% from 2017

Total participants

+7.7% from 2017

Average account balance

$156,097

-2.4% from 2017

Annual return

-4.51%

-23.37 pp from 2017

Benchmarks

See 33,726 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,726 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.84M

Not enough data

1 years with asset history on file

Average account balance

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

$323K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$192K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+11.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20174

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 codes3D2J

Plan features

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

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

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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

$156,097

$90,607+72.3%

$79,467+96.4%

$135,380+15.3%

Participation rate

100.0%

76.0%+24.0pp

73.3%+26.7pp

82.6%+17.4pp

Annual return

-4.51%

977.74%-982.2pp

718.30%-722.8pp

519.81%-524.3pp

Employer contribution / active EE

$17,415

$3,068+467.7%

$2,800+521.9%

$4,779+264.4%

Participant deferral / active EE

$9,174

$4,050+126.5%

$3,704+147.7%

$5,609+63.6%

Admin fee / account holder

-$1,051

$5,895-117.8%

$5,104-120.6%

$10,828-109.7%

INTER FACULTY ORGANIZATION 401(A)/401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTER FACULTY ORGANIZATION 401(A)/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