Retirement plan

403(B) THRIFT PLAN FOR THE SPRINGFIELD URBAN LEAGUE, INC.

Name: THE SPRINGFIELD URBAN LEAGUE, - 403(B) THRIFT PLAN FOR THE SPRINGFIELD URBAN LEAGUE, INC. (2023) Form 5500
Creator: THE SPRINGFIELD URBAN LEAGUE,
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN FOR THE SPRINGFIELD URBAN LEAGUE, INC., THE SPRINGFIELD URBAN LEAGUE,

THE SPRINGFIELD URBAN LEAGUE,EIN 37-0765550Plan #002PY 2023

100 N 11TH ST - SPRINGFIELD, IL 627031002217-789-0830LinkedIn51-200 employees

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$5.4M

-1.3% from 2022

Total participants

181

+0.6% from 2022

Average account balance

$33,752

-1.3% from 2022

Annual return

7.16%

+16.70 pp from 2022

Benchmarks

See 1,917 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,917 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.81M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

164

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.

89.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$392K

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

+7.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12

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 1 by compensation

Provider	Service type	Compensation
MUTUAL OF AMERICA INVESTMENT CORP4 years Service code 12 320 PARK AVENUE · NEW YORK, NY 10022	Claims processing; Recordkeeping and ...	$802

Plan features & details

Pension benefit codes2G3D2J2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$822

$8 / participant

Other / not subdivided$822100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAHARLIKA PLLC
Auditor EIN: 920248036
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,752

$58,312-42.1%

$86,656-61.1%

$71,529-52.8%

Participation rate

79.8%

65.0%+14.8pp

71.7%+8.1pp

67.9%+11.9pp

Annual return

7.16%

24.08%-16.9pp

593.09%-585.9pp

28.97%-21.8pp

Employer contribution / active EE

$2,134

$2,576-17.2%

$3,025-29.5%

$2,590-17.6%

Participant deferral / active EE

$1,274

$3,439-63.0%

$4,439-71.3%

$4,291-70.3%

Admin fee / account holder

$1,057-99.5%

$5,619-99.9%

$1,588-99.7%

Provider

Service type

Compensation

MUTUAL OF AMERICA INVESTMENT CORP4 years

Service code 12

320 PARK AVENUE · NEW YORK, NY 10022

Claims processing; Recordkeeping and ...

$802

403(B) THRIFT PLAN FOR THE SPRINGFIELD URBAN LEAGUE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN FOR THE SPRINGFIELD URBAN LEAGUE, INC.

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