Retirement plan

THE NEIGHBORHOOD RECYCLING CORPORATION 403(B) PLAN

Name: THE NEIGHBORHOOD RECYCLING CORPORATION DBA EUREKA! RECYCLING - THE NEIGHBORHOOD RECYCLING CORPORATION 403(B) PLAN (2023) Form 5500
Creator: THE NEIGHBORHOOD RECYCLING CORPORATION DBA EUREKA! RECYCLING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE NEIGHBORHOOD RECYCLING CORPORATION 403(B) PLAN, THE NEIGHBORHOOD RECYCLING CORPORATION DBA EUREKA! RECYCLING

THE NEIGHBORHOOD RECYCLING CORPORATION DBA EUREKA! RECYCLINGEIN 41-2021202Plan #001PY 2023

2828 KENNEDY ST. NE - MINNEAPOLIS, MN 554132808612-455-9134

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$3.7M

+26.9% from 2022

Total participants

195

-15.9% from 2022

Average account balance

$21,401

+21.1% from 2022

Annual return

14.67%

+31.14 pp from 2022

Benchmarks

See 1,360 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,360 peers

Snapshot2023

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 2 by compensation

Provider	Service type	Compensation
GREEN HASSON JANKS5 years Filed as: GREEN RETIREMENT, INC Service code 27 909 MARINA VILLAGE PARKWAY · ALAMEDA, CA 94501	Advisory (Plan)	$15,644
EPIC RETIREMENT PLAN SERVICES5 years Filed as: RETIREMENT PLAN CONSULTANTS Service code 15 125 S 4TH STREET · NORFOLK, NE 68701	Recordkeeping	$14,368

Plan features & details

Pension benefit codes2A2E2F2T2M

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).
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$32K

$204 / participant

Recordkeeping$17K54.7%
Contract admin$14K45.3%

% of EOY assets

0.846%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,401

$41,151-48.0%

$80,648-73.5%

$71,529-70.1%

Participation rate

87.1%

50.2%+36.9pp

67.0%+20.1pp

67.9%+19.2pp

Annual return

14.67%

38.49%-23.8pp

937.21%-922.5pp

28.97%-14.3pp

Employer contribution / active EE

$852

$1,513-43.7%

$2,724-68.7%

$2,590-67.1%

Participant deferral / active EE

$1,603

$2,700-40.6%

$4,443-63.9%

$4,291-62.6%

Admin fee / account holder

$181

$1,842-90.2%

$5,382-96.6%

$1,588-88.6%

Provider

Service type

Compensation

GREEN HASSON JANKS5 years

Filed as: GREEN RETIREMENT, INC

Service code 27

909 MARINA VILLAGE PARKWAY · ALAMEDA, CA 94501

Advisory (Plan)

$15,644

EPIC RETIREMENT PLAN SERVICES5 years

Filed as: RETIREMENT PLAN CONSULTANTS

Service code 15

125 S 4TH STREET · NORFOLK, NE 68701

Recordkeeping

$14,368

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