Retirement plan

AGA INSTITUTE RETIREMENT PLAN

Name: AMERICAN GASTROENTEROLOGICAL ASSOCIATION - AGA INSTITUTE RETIREMENT PLAN (2024) Form 5500
Creator: AMERICAN GASTROENTEROLOGICAL ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AGA INSTITUTE RETIREMENT PLAN, AMERICAN GASTROENTEROLOGICAL ASSOCIATION

AMERICAN GASTROENTEROLOGICAL ASSOCIATIONEIN 36-6066325Plan #001PY 2024

4930 DEL RAY AVE - BETHESDA, MD 208142512301-654-2055gastro.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$34.6M

+14.1% from 2023

Total participants

149

+2.1% from 2023

Average account balance

$238,461

+11.8% from 2023

Annual return

12.79%

-6.78 pp from 2023

Benchmarks

See 84 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Cohort84 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.58M

Not enough data

1 years with asset history on file

Average account balance

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

$238K

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.

145

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.

96.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.60M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+12.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$636

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 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290	Contract Administrator	$92,236
HARBOR5 years Filed as: HARBOR INVESTMENT ADVISORY, LLC Service code 26 · EIN 90-0497525	Advisory (Participants)	$44,000

Plan features & details

Pension benefit codes2F2G2L2M2T3D3H

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$92K

$932 / participant

Contract admin$92K100.0%

% of EOY assets

0.267%

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: MCKONLY & ASBURY
Auditor EIN: 231909723
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$238,461

$65,130+266.1%

$81,844+191.4%

Participation rate

96.0%

64.1%+31.8pp

72.4%+23.6pp

Annual return

12.79%

13.17%-0.4pp

778.87%-766.1pp

Employer contribution / active EE

$7,230

$3,054+136.7%

$2,916+147.9%

Participant deferral / active EE

$8,973

$3,258+175.4%

$4,323+107.5%

Admin fee / account holder

$636

$2,232-71.5%

$7,355-91.4%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY10+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$92,236

HARBOR5 years

Filed as: HARBOR INVESTMENT ADVISORY, LLC

Service code 26 · EIN 90-0497525

Advisory (Participants)

$44,000

AGA INSTITUTE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AGA INSTITUTE 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