Retirement plan

AMERICAN BAR FOUNDATION DC PLAN (403B)

Name: AMERICAN BAR FOUNDATION - AMERICAN BAR FOUNDATION DC PLAN (403B) (2023) Form 5500
Creator: AMERICAN BAR FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN BAR FOUNDATION DC PLAN (403B), AMERICAN BAR FOUNDATION

AMERICAN BAR FOUNDATIONEIN 36-6110271Plan #003PY 2023

750 N LAKE SHORE DR FL 4 - CHICAGO, IL 606114557312-988-6500americanbarfoundation.orgLinkedIn51-200 employeesresearch

Other plans on this EIN

1 filing

#002Retirement-$1.3M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$21.2M

+3.2% from 2022

Total participants

110

-2.7% from 2022

Average account balance

$194,469

+5.1% from 2022

Annual return

14.33%

+25.88 pp from 2022

Benchmarks

See 9,806 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,806 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.38M

Not enough data

1 years with asset history on file

Average account balance

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

$208K

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.

117

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.

292.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$674K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+19.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13405

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 codes2G2L2T

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.
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

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

$2.8M

$70836 / participant

Other / not subdivided$3M100.0%

% of EOY assets

13.367%

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

$194,469

$57,330+239.2%

$86,656+124.4%

$75,177+158.7%

Participation rate

97.5%

63.2%+34.3pp

71.7%+25.8pp

67.2%+30.3pp

Annual return

14.33%

2675.40%-2661.1pp

593.09%-578.8pp

160.75%-146.4pp

Employer contribution / active EE

$9,098

$2,316+292.8%

$3,025+200.7%

$2,671+240.6%

Participant deferral / active EE

$4,394

$3,320+32.4%

$4,439-1.0%

$4,126+6.5%

Admin fee / account holder

$25,995

$4,115+531.7%

$5,619+362.6%

$5,651+360.0%

AMERICAN BAR FOUNDATION DC PLAN (403B)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN BAR FOUNDATION DC PLAN (403B)

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