Retirement plan

EMPLOYEE BENEFIT PLAN OF MID IOWA COUNCIL BOY SCOUTS OF AMERICA

Name: MID IOWA COUNCIL BOY SCOUTS OF AMER ICA - EMPLOYEE BENEFIT PLAN OF MID IOWA COUNCIL BOY SCOUTS OF AMERICA (2017) Form 5500
Creator: MID IOWA COUNCIL BOY SCOUTS OF AMER ICA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF MID IOWA COUNCIL BOY SCOUTS OF AMERICA, MID IOWA COUNCIL BOY SCOUTS OF AMER ICA

MID IOWA COUNCIL BOY SCOUTS OF AMER ICAEIN 42-0981715Plan #001PY 2017

6123 SCOUT TRL - DES MOINES, IA 503211601515-266-2135

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$406K

+21.5% from 2016

Total participants

0.0% from 2016

Average account balance

$21,349

+27.9% from 2016

Annual return

16.66%

-8.48 pp from 2016

Benchmarks

See 32,061 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort32,061 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$448K

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

92.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6798

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 codes2F2T3D3H

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).
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$38K

$2011 / participant

Other / not subdivided$38K100.0%

% of EOY assets

9.422%

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

$21,349

$99,031-78.4%

$86,597-75.3%

$147,585-85.5%

Participation rate

94.7%

76.3%+18.4pp

73.5%+21.2pp

82.8%+11.9pp

Annual return

16.66%

1312.56%-1295.9pp

964.96%-948.3pp

578.57%-561.9pp

Employer contribution / active EE

$3,132-100.0%

$2,840-100.0%

$4,876-100.0%

Participant deferral / active EE

$2,864

$3,972-27.9%

$3,609-20.6%

$5,439-47.3%

Admin fee / account holder

$2,011

$5,711-64.8%

$4,906-59.0%

$10,885-81.5%

EMPLOYEE BENEFIT PLAN OF MID IOWA COUNCIL BOY SCOUTS OF AMERICA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF MID IOWA COUNCIL BOY SCOUTS OF AMERICA

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