Retirement plan

SAINT PAUL & MINNESOTA FOUNDATION RETIREMENT & SAVINGS PLAN

Name: SAINT PAUL & MINNESOTA FOUNDATION - SAINT PAUL & MINNESOTA FOUNDATION RETIREMENT & SAVINGS PLAN (2020) Form 5500
Creator: SAINT PAUL & MINNESOTA FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SAINT PAUL & MINNESOTA FOUNDATION RETIREMENT & SAVINGS PLAN, SAINT PAUL & MINNESOTA FOUNDATION

SAINT PAUL & MINNESOTA FOUNDATIONEIN 41-6031510Plan #002PY 2020

101 FIFTH STREET EAST, SUITE 2400 - SAINT PAUL, MN 55101651-325-4235spmcf.orgLinkedIn51-200 employeesphilanthropy

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$14.3M

+10.2% from 2019

Total participants

118

-1.7% from 2019

Average account balance

$123,238

+13.1% from 2019

Annual return

17.19%

-5.50 pp from 2019

Benchmarks

See 8,772 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,772 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.64M

Not enough data

1 years with asset history on file

Average account balance

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

$171K

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.

121

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.68M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+15.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$222

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

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 codes2J2T2E2F2G3D2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$1.8M

$26170 / participant

Other / not subdivided$2M100.0%

% of EOY assets

12.814%

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

$123,238

$60,119+105.0%

$90,430+36.3%

$79,858+54.3%

Participation rate

97.1%

65.0%+32.2pp

72.7%+24.5pp

69.6%+27.5pp

Annual return

17.19%

71.94%-54.7pp

1293.73%-1276.5pp

31.72%-14.5pp

Employer contribution / active EE

$4,665

$2,068+125.6%

$3,262+43.0%

$2,471+88.8%

Participant deferral / active EE

$8,328

$2,938+183.5%

$3,963+110.2%

$3,740+122.7%

Admin fee / account holder

$15,792

$3,976+297.2%

$5,613+181.3%

$5,306+197.6%

SAINT PAUL & MINNESOTA FOUNDATION RETIREMENT & SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SAINT PAUL & MINNESOTA FOUNDATION 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