Retirement plan

403(B) THRIFT PLAN OF FAMILY SERVICES OF NORTHEAST WISCONSIN, INCORPORAT

Name: FAMILY SERVICES OF NORTHEAST WISCON SIN, INCORPORATED - 403(B) THRIFT PLAN OF FAMILY SERVICES OF NORTHEAST WISCONSIN, INCORPORAT (2022) Form 5500
Creator: FAMILY SERVICES OF NORTHEAST WISCON SIN, INCORPORATED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF FAMILY SERVICES OF NORTHEAST WISCONSIN, INCORPORAT, FAMILY SERVICES OF NORTHEAST WISCON SIN, INCORPORATED

FAMILY SERVICES OF NORTHEAST WISCON SIN, INCORPORATEDEIN 39-0827320Plan #002PY 2022

PO BOX 22308 - GREEN BAY, WI 54305920-436-6800familyservicesnew.orgLinkedIn201-500 employeesindividual & family services

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$13.3M

-15.1% from 2021

Total participants

339

-9.6% from 2021

Average account balance

$47,722

-10.2% from 2021

Annual return

-15.90%

-28.32 pp from 2021

Benchmarks

See 3,875 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,875 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.00M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

335

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.

65.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$993K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$162

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
ASSOCIATED TRUST COMPANY, N.A.7 years Service code 15 · EIN 30-0219031	Recordkeeping	$49,906

Plan features & details

Pension benefit codes2F2G2M2T3D

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.
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.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$50K

$200 / participant

Investment mgmt$49K97.0%
Other / not subdivided$1K3.0%

% of EOY assets

0.378%

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: WIPFLI LLP
Auditor EIN: 390758449
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,722

$46,332+3.0%

$143,797-66.8%

$64,824-26.4%

Participation rate

75.6%

64.2%+11.4pp

80.3%-4.7pp

71.5%+4.1pp

Annual return

-15.90%

-10.05%-5.8pp

-0.04%-15.9pp

32.84%-48.7pp

Employer contribution / active EE

$1,768

$1,911-7.5%

$4,952-64.3%

$2,507-29.5%

Participant deferral / active EE

$2,008

$2,647-24.1%

$5,638-64.4%

$4,311-53.4%

Admin fee / account holder

$180

$154+17.2%

$14,679-98.8%

$188-4.0%

Provider

Service type

Compensation

ASSOCIATED TRUST COMPANY, N.A.7 years

Service code 15 · EIN 30-0219031

Recordkeeping

$49,906

403(B) THRIFT PLAN OF FAMILY SERVICES OF NORTHEAST WISCONSIN, INCORPORAT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF FAMILY SERVICES OF NORTHEAST WISCONSIN, INCORPORAT

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