Retirement plan

AFTER SCHOOL MATTERS ERISA 403(B) PLAN

Name: AFTER SCHOOL MATTERS - AFTER SCHOOL MATTERS ERISA 403(B) PLAN (2017) Form 5500
Creator: AFTER SCHOOL MATTERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AFTER SCHOOL MATTERS ERISA 403(B) PLAN, AFTER SCHOOL MATTERS

AFTER SCHOOL MATTERSEIN 36-4409182Plan #001PY 2017

66 EAST RANDOLPH - CHICAGO, IL 60601312-702-8972afterschoolmatters.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$1.2M

+58.3% from 2016

Total participants

119

+24.0% from 2016

Average account balance

$10,365

-2.8% from 2016

Annual return

21.59%

+18.84 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.26M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

163

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.

52.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$739K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$94

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 codes2S2M2G2F2T3D

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$19K

$204 / participant

Other / not subdivided$19K100.0%

% of EOY assets

1.604%

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

$10,365

$53,128-80.5%

$86,582-88.0%

$70,126-85.2%

Participation rate

94.6%

65.3%+29.3pp

73.5%+21.1pp

69.5%+25.1pp

Annual return

21.59%

27.66%-6.1pp

965.08%-943.5pp

73.15%-51.6pp

Employer contribution / active EE

$312

$2,068-84.9%

$2,839-89.0%

$2,343-86.7%

Participant deferral / active EE

$2,727

$2,695+1.2%

$3,609-24.4%

$3,332-18.1%

Admin fee / account holder

$166

$3,584-95.4%

$4,904-96.6%

$4,645-96.4%

AFTER SCHOOL MATTERS ERISA 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AFTER SCHOOL MATTERS ERISA 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