Retirement plan

INTERNATIONAL LITERACY ASSOCIATION DC RETIREMENT PLAN

Name: INTERNATIONAL LITERACY ASSOCIATION - INTERNATIONAL LITERACY ASSOCIATION DC RETIREMENT PLAN (2018) Form 5500
Creator: INTERNATIONAL LITERACY ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, INTERNATIONAL LITERACY ASSOCIATION DC RETIREMENT PLAN, INTERNATIONAL LITERACY ASSOCIATION

INTERNATIONAL LITERACY ASSOCIATIONEIN 46-3994293Plan #001PY 2018

P.O. BOX 8139 - NEWARK, DE 197148139302-731-3442literacyworldwide.orgLinkedIn11-50 employeeseducation management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$16.5M

-10.8% from 2017

Total participants

246

0.0% from 2017

Average account balance

$67,247

-10.8% from 2017

Annual return

-3.11%

-16.62 pp from 2017

Benchmarks

See 8,161 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,161 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.29M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

173

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

$112K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+12.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$118

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 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290	Contract Administrator	$14,283
JP MORGAN INVESTMENT MANAGEMENT INC1 year Filed as: NYLIFE SECURITIES LLC Service code 49 · EIN 27-0145686	Other Services	$7,130

Plan features & details

Pension benefit codes2A2G2L2T

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).
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$15K

$291 / participant

Contract admin$15K100.0%

% of EOY assets

0.090%

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: BELFINT, LYONS & SHUMAN, P.A.
Auditor EIN: 510232399
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,247

$49,177+36.7%

$79,466-15.4%

$64,173+4.8%

Participation rate

100.0%

65.0%+35.0pp

73.3%+26.7pp

69.6%+30.4pp

Annual return

-3.11%

-1.16%-1.9pp

718.28%-721.4pp

7.63%-10.7pp

Employer contribution / active EE

$2,798

$2,076+34.8%

$2,800-0.1%

$2,381+17.5%

Participant deferral / active EE

$2,466

$2,821-12.6%

$3,704-33.4%

$3,470-28.9%

Admin fee / account holder

$60

$3,839-98.4%

$5,104-98.8%

$4,887-98.8%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY2+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$14,283

JP MORGAN INVESTMENT MANAGEMENT INC1 year

Filed as: NYLIFE SECURITIES LLC

Service code 49 · EIN 27-0145686

Other Services

$7,130

INTERNATIONAL LITERACY ASSOCIATION DC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

INTERNATIONAL LITERACY ASSOCIATION DC 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