Retirement plan

AMERICAN ACADEMY OF ACTUARIES 401K PROFIT SHARING PLAN

Name: AMERICAN ACADEMY OF ACTUARIES - AMERICAN ACADEMY OF ACTUARIES 401K PROFIT SHARING PLAN (2024) Form 5500
Creator: AMERICAN ACADEMY OF ACTUARIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN ACADEMY OF ACTUARIES 401K PROFIT SHARING PLAN, AMERICAN ACADEMY OF ACTUARIES

AMERICAN ACADEMY OF ACTUARIESEIN 36-6142798Plan #002PY 2024

1850 M STREET, NW, SUITE 300 - WASHINGTON, DC 20036202-223-8196actuary.orgLinkedIn11-50 employeespublic policy

Other plans on this EIN

1 filing

#003Retirement-$3.4M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$18.6M

+19.8% from 2023

Total participants

+7.9% from 2023

Average account balance

$315,971

+15.7% from 2023

Annual return

15.34%

-3.97 pp from 2023

Benchmarks

See 10,689 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,689 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.64M

Not enough data

1 years with asset history on file

Average account balance

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

$316K

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.

128.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$984K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

+15.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5721

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 codes2E2J2G3D2F

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$338K

$7338 / participant

Other / not subdivided$338K100.0%

% of EOY assets

1.811%

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

$315,971

$58,234+442.6%

$81,783+286.4%

$80,874+290.7%

Participation rate

80.4%

63.4%+17.0pp

72.4%+8.1pp

67.6%+12.8pp

Annual return

15.34%

41.70%-26.4pp

775.05%-759.7pp

35.62%-20.3pp

Employer contribution / active EE

$11,030

$2,341+371.1%

$2,913+278.7%

$2,756+300.3%

Participant deferral / active EE

$10,370

$3,283+215.9%

$4,320+140.0%

$4,297+141.3%

Admin fee / account holder

$5,721

$4,982+14.8%

$7,380-22.5%

$6,935-17.5%

AMERICAN ACADEMY OF ACTUARIES 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN ACADEMY OF ACTUARIES 401K PROFIT SHARING 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