Retirement plan

SECOND HARVEST FOODBANK OF SOUTHERN WISCONSIN RETIREMENT SAVINGS PLAN

Name: SECOND HARVEST FOODBANK OF SOUTHERN WISCONSIN - SECOND HARVEST FOODBANK OF SOUTHERN WISCONSIN RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: SECOND HARVEST FOODBANK OF SOUTHERN WISCONSIN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SECOND HARVEST FOODBANK OF SOUTHERN WISCONSIN RETIREMENT SAVINGS PLAN, SECOND HARVEST FOODBANK OF SOUTHERN WISCONSIN

SECOND HARVEST FOODBANK OF SOUTHERN WISCONSINEIN 39-1490691Plan #001PY 2016

2802 DAIRY DRIVE - MADISON, WI 53718608-223-9121secondharvestmadison.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+5.8% from 2015

Total participants

-14.5% from 2015

Average account balance

$22,113

+20.4% from 2015

Annual return

7.06%

+4.70 pp from 2015

Benchmarks

See 17,769 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,769 peers

Snapshot2016

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)

$48K

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.

101

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.

134.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$591K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+19.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2746

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 codes2E2G2J3D2F

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

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

$222K

$5169 / participant

Other / not subdivided$222K100.0%

% of EOY assets

17.330%

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

$22,113

$77,638-71.5%

$156,551-85.9%

$62,881-64.8%

Participation rate

97.7%

71.2%+26.5pp

84.0%+13.7pp

69.3%+28.4pp

Annual return

7.06%

50.33%-43.3pp

32.23%-25.2pp

20.14%-13.1pp

Employer contribution / active EE

$1,955

$3,444-43.2%

$5,501-64.5%

$2,281-14.3%

Participant deferral / active EE

$2,864

$3,046-5.9%

$4,871-41.2%

$3,203-10.6%

Admin fee / account holder

$3,832

$5,561-31.1%

$13,028-70.6%

$4,296-10.8%

SECOND HARVEST FOODBANK OF SOUTHERN WISCONSIN RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SECOND HARVEST FOODBANK OF SOUTHERN WISCONSIN RETIREMENT SAVINGS 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