Retirement plan

THE NEIGHBORHOOD RECYCLING CORPORATION 403(B) PLAN

Name: THE NEIGHBORHOOD RECYCLING CORPORATION - THE NEIGHBORHOOD RECYCLING CORPORATION 403(B) PLAN (2017) Form 5500
Creator: THE NEIGHBORHOOD RECYCLING CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE NEIGHBORHOOD RECYCLING CORPORATION 403(B) PLAN, THE NEIGHBORHOOD RECYCLING CORPORATION

THE NEIGHBORHOOD RECYCLING CORPORATIONEIN 41-2021202Plan #001PY 2017

2828 KENNEDY STREET NE - MINNEAPOLIS, MN 55413651-222-7678

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$1.4M

+15.1% from 2016

Total participants

136

+25.9% from 2016

Average account balance

$16,805

+12.4% from 2016

Annual return

16.66%

+12.02 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort945 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.29M

Not enough data

1 years with asset history on file

Average account balance

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

$25K

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.

171

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.

88.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$336K

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

+9.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$232

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 21 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Bank Trustee	$6,529

Plan features & details

Pension benefit codes2A2E2F2G2M2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$9K

$74 / participant

Investment mgmt$9K100.0%

% of EOY assets

0.637%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SCHECHTER DOKKEN KANTERANDREWS
Auditor EIN: 411680240
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,805

$36,767-54.3%

$81,473-79.4%

$62,293-73.0%

Participation rate

60.0%

54.4%+5.6pp

68.0%-8.0pp

69.5%-9.5pp

Annual return

16.66%

173.80%-157.1pp

38.78%-22.1pp

28.90%-12.2pp

Employer contribution / active EE

$100

$1,128-91.1%

$2,568-96.1%

$2,042-95.1%

Participant deferral / active EE

$1,044

$2,111-50.6%

$3,537-70.5%

$3,169-67.1%

Admin fee / account holder

$107

$797-86.6%

$4,561-97.7%

$479-77.7%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 21

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Bank Trustee

$6,529

THE NEIGHBORHOOD RECYCLING CORPORATION 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE NEIGHBORHOOD RECYCLING CORPORATION 403(B) 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