Retirement plan

RACE AND EQUALITY 403(B) PLAN

Name: INTERNATIONAL INSTITUTE ON RACE EQUALITY AND HUMAN RIGHTS - RACE AND EQUALITY 403(B) PLAN (2023) Form 5500
Creator: INTERNATIONAL INSTITUTE ON RACE EQUALITY AND HUMAN RIGHTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RACE AND EQUALITY 403(B) PLAN, INTERNATIONAL INSTITUTE ON RACE EQUALITY AND HUMAN RIGHTS

INTERNATIONAL INSTITUTE ON RACE EQUALITY AND HUMAN RIGHTSEIN 47-2348129Plan #001PY 2023

1620 I STREET NW, SUITE 925 - WASHINGTON, DC 20006202-413-4645raceandequality.orgLinkedIn1-10 employeespublic policy

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$854K

+35.5% from 2022

Total participants

+17.4% from 2022

Average account balance

$31,643

+15.4% from 2022

Annual return

13.50%

+29.70 pp from 2022

Benchmarks

See 41,808 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort41,808 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.06M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

135.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$208K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+9.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2880

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 codes2F2G2L2T3D2M

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
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

$37K

$2059 / participant

Other / not subdivided$37K100.0%

% of EOY assets

4.337%

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

$31,643

$96,678-67.3%

$86,640-63.5%

$139,466-77.3%

Participation rate

100.0%

74.4%+25.6pp

71.7%+28.3pp

80.3%+19.7pp

Annual return

13.50%

106.69%-93.2pp

592.52%-579.0pp

373.66%-360.2pp

Employer contribution / active EE

$4,147

$3,265+27.0%

$3,024+37.1%

$4,754-12.8%

Participant deferral / active EE

$5,513

$4,837+14.0%

$4,438+24.2%

$6,712-17.9%

Admin fee / account holder

$1,372

$6,410-78.6%

$5,616-75.6%

$11,409-88.0%

RACE AND EQUALITY 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RACE AND EQUALITY 403(B) 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