Retirement plan

AMERICAN SOCIETY FOR ENGINEERING EDUCATION 403(B) TDA PLAN

Name: AMERICAN SOCIETY FOR ENGINEERING EDUCATION - AMERICAN SOCIETY FOR ENGINEERING EDUCATION 403(B) TDA PLAN (2024) Form 5500
Creator: AMERICAN SOCIETY FOR ENGINEERING EDUCATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN SOCIETY FOR ENGINEERING EDUCATION 403(B) TDA PLAN, AMERICAN SOCIETY FOR ENGINEERING EDUCATION

AMERICAN SOCIETY FOR ENGINEERING EDUCATIONEIN 37-0730118Plan #002PY 2024

1818 N STREET NW, SUITE 315 - WASHINGTON, DC 20036202-946-1052asee.orgLinkedIn51-200 employeesnon-profit organization management

Other plans on this EIN

1 filing

#001Retirement-$3.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.8M

+17.1% from 2023

Total participants

-9.5% from 2023

Average account balance

$56,472

+24.0% from 2023

Annual return

14.21%

-12.83 pp from 2023

Benchmarks

See 10,668 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort10,668 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.80M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

257.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$327K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2722

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 codes2E2J2L2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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

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

$231K

$7010 / participant

Other / not subdivided$231K100.0%

% of EOY assets

4.819%

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

$56,472

$58,258-3.1%

$81,820-31.0%

$80,925-30.2%

Participation rate

97.0%

63.5%+33.5pp

72.4%+24.6pp

67.7%+29.3pp

Annual return

14.21%

41.76%-27.6pp

777.93%-763.7pp

35.65%-21.4pp

Employer contribution / active EE

$3,905

$2,345+66.5%

$2,915+34.0%

$2,756+41.7%

Participant deferral / active EE

$6,001

$3,284+82.8%

$4,323+38.8%

$4,299+39.6%

Admin fee / account holder

$2,722

$4,976-45.3%

$7,391-63.2%

$6,940-60.8%

AMERICAN SOCIETY FOR ENGINEERING EDUCATION 403(B) TDA PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN SOCIETY FOR ENGINEERING EDUCATION 403(B) TDA 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