Retirement plan

NEW YORK CITY INDUSTRIES FOR THE BLIND, INC. 401(K) PLAN

Name: ALPHAPOINTE, INC. - NEW YORK CITY INDUSTRIES FOR THE BLIND, INC. 401(K) PLAN (2015) Form 5500
Creator: ALPHAPOINTE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW YORK CITY INDUSTRIES FOR THE BLIND, INC. 401(K) PLAN, ALPHAPOINTE, INC.

ALPHAPOINTE, INC.EIN 44-0552486Plan #004PY 2015

7501 PROSPECT AVENUE - KANSAS CITY, MO 64137718-854-7300alphapointe.orgLinkedIn201-500 employeesnon-profit organization management

Other plans on this EIN

2 filings

#002Retirement-$3.6M assets #003Retirement-$3.1M assets

Prospect flagsLow assets / participantLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$2.1M

No prior year

Total participants

294

No prior year

Average account balance

$7,292

No prior year

Annual return

-0.35%

No prior year

Benchmarks

See 1,069 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,069 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.23M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

613

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

$1.44M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16

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 5 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 52 · EIN 04-1590850	Indirect Investment Fees	$15,670
ROBIN S. WEINGAST & ASSOCIATES, INC1+ years Filed as: ROBIN S. WEINGAST & ASSOCIATES,INC. Service code 13	Contract Administrator	$9,894
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52	Indirect Investment Fees	$0
ROBIN S. WEINGAST & ASSOCIATES, INC1+ years Service code 13 · EIN 11-2859146 100 QUENTIN ROOSEVELT BLVD · GARDEN CITY, NY 11530	Contract Administrator	$0
STEPHEN HORN INSURANCE SERVICES1+ years Filed as: STEPHEN GROSSMAN Service code 53 · EIN 11-2859146 250 W. 34TH ST · NEW YORK, NY 10119	Insurance Commissions	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$16K

$55 / participant

Investment mgmt$16K100.0%

% of EOY assets

0.731%

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: KELLER & OWENS, LLC
Auditor EIN: 481195228
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,292

$62,324-88.3%

$68,509-89.4%

$55,191-86.8%

Participation rate

100.0%

78.9%+21.1pp

74.7%+25.3pp

69.2%+30.8pp

Annual return

-0.35%

4.26%-4.6pp

8.27%-8.6pp

10.78%-11.1pp

Employer contribution / active EE

$54

$2,223-97.6%

$2,278-97.6%

$1,899-97.2%

Participant deferral / active EE

$3,425-100.0%

$3,382-100.0%

$3,046-100.0%

Admin fee / account holder

$53

$91-41.7%

$5,275-99.0%

$91-41.3%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Filed as: MASS MUTUAL LIFE INSURANCE COMPANY

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$15,670

ROBIN S. WEINGAST & ASSOCIATES, INC1+ years

Filed as: ROBIN S. WEINGAST & ASSOCIATES,INC.

Service code 13

Contract Administrator

$9,894

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52

Indirect Investment Fees

ROBIN S. WEINGAST & ASSOCIATES, INC1+ years

Service code 13 · EIN 11-2859146

100 QUENTIN ROOSEVELT BLVD · GARDEN CITY, NY 11530

Contract Administrator

STEPHEN HORN INSURANCE SERVICES1+ years

Filed as: STEPHEN GROSSMAN

Service code 53 · EIN 11-2859146

250 W. 34TH ST · NEW YORK, NY 10119

Insurance Commissions

NEW YORK CITY INDUSTRIES FOR THE BLIND, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW YORK CITY INDUSTRIES FOR THE BLIND, INC. 401(K) 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