Retirement plan

403(B) THRIFT PLAN OF EPILEPSY FOUNDATION OF MINNESOTA, INC.

Name: EPILEPSY FOUNDATION OF MINNESOTA, INC. - 403(B) THRIFT PLAN OF EPILEPSY FOUNDATION OF MINNESOTA, INC. (2022) Form 5500
Creator: EPILEPSY FOUNDATION OF MINNESOTA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF EPILEPSY FOUNDATION OF MINNESOTA, INC., EPILEPSY FOUNDATION OF MINNESOTA, INC.

EPILEPSY FOUNDATION OF MINNESOTA, INC.EIN 41-0874541Plan #004PY 2022

1600 UNIVERSITY AVE W STE 300 - SAINT PAUL, MN 551043800651-287-2307epilepsyfoundationmn.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

-7.5% from 2021

Total participants

-1.4% from 2021

Average account balance

$19,603

+3.7% from 2021

Annual return

-12.09%

-42.01 pp from 2021

Benchmarks

See 9,366 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,366 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$1.51M

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

222.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$109K

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

+8.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5731

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$70K

$1655 / participant

Other / not subdivided$70K100.0%

% of EOY assets

5.372%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,603

$54,350-63.9%

$82,719-76.3%

$68,494-71.4%

Participation rate

83.3%

63.9%+19.4pp

72.6%+10.8pp

67.9%+15.4pp

Annual return

-12.09%

-13.67%+1.6pp

701.18%-713.3pp

-7.84%-4.2pp

Employer contribution / active EE

$1,221

$2,218-45.0%

$3,009-59.4%

$2,596-53.0%

Participant deferral / active EE

$1,940

$3,246-40.2%

$4,395-55.9%

$4,027-51.8%

Admin fee / account holder

$1,053

$4,395-76.0%

$5,329-80.2%

$5,403-80.5%

403(B) THRIFT PLAN OF EPILEPSY FOUNDATION OF MINNESOTA, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF EPILEPSY FOUNDATION OF MINNESOTA, 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