Retirement plan

NATIONAL BOARD FOR RESPIRATORY CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: NATIONAL BOARD FOR RESPIRATORY CARE, INC. - NATIONAL BOARD FOR RESPIRATORY CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: NATIONAL BOARD FOR RESPIRATORY CARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL BOARD FOR RESPIRATORY CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST, NATIONAL BOARD FOR RESPIRATORY CARE, INC.

NATIONAL BOARD FOR RESPIRATORY CARE, INC.EIN 48-0813228Plan #001PY 2016

10801 MASTIN ST STE 300 - OVERLAND PARK, KS 662101658913-895-4600nbrc.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.9M

No prior year

Total participants

No prior year

Average account balance

$213,835

No prior year

Annual return

-57.04%

No prior year

Benchmarks

See 113,086 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort113,086 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.26M

Not enough data

1 years with asset history on file

Average account balance

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

$386K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$443K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+16.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1692

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

Top 3 by compensation

Provider	Service type	Compensation
YUKON WEALTH MANAGEMENT INC2+ years Filed as: YUKON WEALTH MANAGEMENT Service code 51 · EIN 48-1156653	Investment Mgmt Fees	$26,636
ALLIANCE BENEFIT GROUP2+ years Service code 15 · EIN 41-1737003	Recordkeeping	$15,166
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS Service code 15 · EIN 45-6062081	Recordkeeping	$1,456

Plan features & details

Pension benefit codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

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

$33K

$2334 / participant

Investment mgmt$27K81.5%
Contract admin$6K18.5%

% of EOY assets

0.664%

all-in expense ratio

Categories reported

2 / 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: RUBIN BROWN, LLP
Auditor EIN: 430765316
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$213,835

$135,956+57.3%

$123,894+72.6%

$273,972-21.9%

Participation rate

100.0%

84.1%+15.9pp

81.4%+18.6pp

83.0%+17.0pp

Annual return

-57.04%

56.63%-113.7pp

47.52%-104.6pp

41.46%-98.5pp

Employer contribution / active EE

$11,000

$5,170+112.8%

$4,617+138.3%

$4,869+125.9%

Participant deferral / active EE

$9,902

$6,343+56.1%

$5,984+65.5%

$5,287+87.3%

Admin fee / account holder

$1,421

$9,817-85.5%

$8,357-83.0%

$10,133-86.0%

Provider

Service type

Compensation

YUKON WEALTH MANAGEMENT INC2+ years

Filed as: YUKON WEALTH MANAGEMENT

Service code 51 · EIN 48-1156653

Investment Mgmt Fees

$26,636

ALLIANCE BENEFIT GROUP2+ years

Service code 15 · EIN 41-1737003

Recordkeeping

$15,166

ALERUS FINANCIAL, N.A.1+ years

Filed as: ALERUS

Service code 15 · EIN 45-6062081

Recordkeeping

$1,456

NATIONAL BOARD FOR RESPIRATORY CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL BOARD FOR RESPIRATORY CARE, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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