Retirement plan

OMAHA COMMUNITY FOUNDATION 401(K) PLAN

Name: OMAHA COMMUNITY FOUNDATION - OMAHA COMMUNITY FOUNDATION 401(K) PLAN (2019) Form 5500
Creator: OMAHA COMMUNITY FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OMAHA COMMUNITY FOUNDATION 401(K) PLAN, OMAHA COMMUNITY FOUNDATION

OMAHA COMMUNITY FOUNDATIONEIN 47-0645958Plan #003PY 2019

3555 FARNAM STREET, SUITE 222 - OMAHA, NE 68131402-342-3458omahafoundation.orgLinkedIn11-50 employeesnon-profit organization management

Other plans on this EIN

2 filings

#002Retirement-$489K assets #001Retirement-$114K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.9M

+20.8% from 2018

Total participants

+7.4% from 2018

Average account balance

$111,085

+16.2% from 2018

Annual return

20.67%

+25.29 pp from 2018

Benchmarks

See 8,598 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,598 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.45M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

123.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$558K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+18.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11122

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.
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

1 tripped

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

$271K

$10856 / participant

Other / not subdivided$271K100.0%

% of EOY assets

9.396%

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

$111,085

$54,763+102.8%

$90,324+23.0%

$72,976+52.2%

Participation rate

88.0%

65.2%+22.8pp

73.3%+14.7pp

69.5%+18.5pp

Annual return

20.67%

30.63%-10.0pp

78.15%-57.5pp

81.02%-60.3pp

Employer contribution / active EE

$2,978

$2,093+42.3%

$2,856+4.3%

$2,440+22.1%

Participant deferral / active EE

$8,005

$2,887+177.2%

$3,885+106.0%

$3,608+121.9%

Admin fee / account holder

$10,438

$3,973+162.7%

$5,356+94.9%

$5,124+103.7%

OMAHA COMMUNITY FOUNDATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OMAHA COMMUNITY FOUNDATION 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