Retirement plan

EMPLOYEE BENEFIT PLAN OF SABATHANI COMMUNITY CENTER, INC.

Name: SABATHANI COMMUNITY CENTER, INC. - EMPLOYEE BENEFIT PLAN OF SABATHANI COMMUNITY CENTER, INC. (2016) Form 5500
Creator: SABATHANI COMMUNITY CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF SABATHANI COMMUNITY CENTER, INC., SABATHANI COMMUNITY CENTER, INC.

SABATHANI COMMUNITY CENTER, INC.EIN 41-0984859Plan #002PY 2016

310 E 38TH ST STE 200 - MINNEAPOLIS, MN 55409612-821-2300sabathani.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$630K

+3.8% from 2015

Total participants

-8.7% from 2015

Average account balance

$31,496

+14.2% from 2015

Annual return

5.08%

+5.60 pp from 2015

Benchmarks

See 109,098 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort109,098 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$618K

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.

280.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$93K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$107

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 codes2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$80K

$8940 / participant

Other / not subdivided$80K100.0%

% of EOY assets

12.773%

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

$31,496

$181,896-82.7%

$156,551-79.9%

$273,972-88.5%

Participation rate

88.9%

88.4%+0.5pp

84.0%+4.9pp

83.0%+5.9pp

Annual return

5.08%

30.74%-25.7pp

32.23%-27.1pp

41.46%-36.4pp

Employer contribution / active EE

$5,468

$6,248-12.5%

$5,501-0.6%

$4,869+12.3%

Participant deferral / active EE

$1,881

$5,550-66.1%

$4,871-61.4%

$5,287-64.4%

Admin fee / account holder

$4,023

$15,560-74.1%

$13,028-69.1%

$10,133-60.3%

EMPLOYEE BENEFIT PLAN OF SABATHANI COMMUNITY CENTER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF SABATHANI COMMUNITY CENTER, 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