Retirement plan

NDSU RESEARCH & TECHNOLOGY PARK, INC. DEFINED CONTRIBUTION RETIREMENT PLAN

Name: NDSU RESEARCH & TECHNOLOGY PARK, INC. - NDSU RESEARCH & TECHNOLOGY PARK, INC. DEFINED CONTRIBUTION RETIREMENT PLAN (2016) Form 5500
Creator: NDSU RESEARCH & TECHNOLOGY PARK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NDSU RESEARCH & TECHNOLOGY PARK, INC. DEFINED CONTRIBUTION RETIREMENT PLAN, NDSU RESEARCH & TECHNOLOGY PARK, INC.

NDSU RESEARCH & TECHNOLOGY PARK, INC.EIN 45-0455343Plan #001PY 2016

1854 NDSU RESEARCH CIRCLE NORTH - FARGO, ND 581025706701-499-3602

Other plans on this EIN

1 filing

#002Retirement-$199K assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$439K

No prior year

Total participants

No prior year

Average account balance

$29,284

No prior year

Annual return

-1.30%

No prior year

Benchmarks

See 13,988 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort13,988 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.07M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

316.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$66K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3846

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 codes2A2C2G

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).
2C
Money purchase plan
Money purchase pension plan other than a target benefit plan.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$220K

$36616 / participant

Other / not subdivided$220K100.0%

% of EOY assets

50.014%

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

$29,284

$215,361-86.4%

$171,082-82.9%

$273,972-89.3%

Participation rate

83.3%

82.0%+1.3pp

76.7%+6.6pp

83.0%+0.3pp

Annual return

-1.30%

25.14%-26.4pp

32.56%-33.9pp

41.46%-42.8pp

Employer contribution / active EE

$7,279

$4,967+46.6%

$4,002+81.9%

$4,869+49.5%

Participant deferral / active EE

$5,543-100.0%

$4,797-100.0%

$5,287-100.0%

Admin fee / account holder

$14,646

$10,846+35.0%

$8,520+71.9%

$10,133+44.5%

NDSU RESEARCH & TECHNOLOGY PARK, INC. DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NDSU RESEARCH & TECHNOLOGY PARK, INC. DEFINED CONTRIBUTION RETIREMENT 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