Retirement plan

THE AAFP 401(K) PLAN

Name: AMERICAN ACADEMY OF FAMILY PHYSICIANS - THE AAFP 401(K) PLAN (2016) Form 5500
Creator: AMERICAN ACADEMY OF FAMILY PHYSICIANS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE AAFP 401(K) PLAN, AMERICAN ACADEMY OF FAMILY PHYSICIANS

AMERICAN ACADEMY OF FAMILY PHYSICIANSEIN 44-0536051Plan #003PY 2016

11400 TOMAHAWK CREEK PKWY - LEAWOOD, KS 662112672913-906-6000fafp.orgLinkedIn201-500 employeesnon-profit organization management

Other plans on this EIN

2 filings

#001Retirement-$30.6M assets #005Retirement-$717K assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed December 21, 1992

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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How to read this page

Total assets (EOY)

$57.1M

+11.9% from 2015

Total participants

483

-7.1% from 2015

Average account balance

$118,135

+14.3% from 2015

Annual return

8.15%

+7.69 pp from 2015

Benchmarks

See 936 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort936 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$95.21M

Not enough data

1 years with asset history on file

Average account balance

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

$200K

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.

475

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.

94.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+12.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$287

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

Top 3 by compensation

Provider	Service type	Compensation
CBIZ RETIREMENT PLAN SERVICES2+ years Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 16 · EIN 52-1396995	Consulting	$42,391
BKD, LLP2+ years Filed as: BKD CPA & ADVISORS Service code 10 · EIN 44-0160260	Accounting	$9,724
PRUDENTIAL RETIREMENT INSURANCE AND2+ years Service code 13 · EIN 06-1050034	Contract Administrator	$9,316

Plan features & details

Pension benefit codes2E2F2G2J2T3H3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$73K

$193 / participant

Other / not subdivided$73K100.0%

% of EOY assets

0.127%

all-in expense ratio

Categories reported

0 / 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: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$118,135

$68,408+72.7%

$57,196+106.5%

$57,658+104.9%

Participation rate

100.0%

79.1%+20.9pp

75.3%+24.7pp

70.2%+29.8pp

Annual return

8.15%

8.51%-0.4pp

14.59%-6.4pp

5.13%+3.0pp

Employer contribution / active EE

$8,699

$2,869+203.2%

$2,683+224.2%

$1,974+340.7%

Participant deferral / active EE

$6,698

$2,903+130.7%

$3,096+116.3%

$3,061+118.8%

Admin fee / account holder

$151

$70+116.2%

$3,141-95.2%

$95+59.3%

Provider

Service type

Compensation

CBIZ RETIREMENT PLAN SERVICES2+ years

Filed as: CBIZ FINANCIAL SOLUTIONS, INC.

Service code 16 · EIN 52-1396995

Consulting

$42,391

BKD, LLP2+ years

Filed as: BKD CPA & ADVISORS

Service code 10 · EIN 44-0160260

Accounting

$9,724

PRUDENTIAL RETIREMENT INSURANCE AND2+ years

Service code 13 · EIN 06-1050034

Contract Administrator

$9,316

THE AAFP 401(K) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE AAFP 401(K) PLAN

Top hat statement on fileNQDC

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