Retirement plan

403(B) THRIFT PLAN OF BIG BROTHERS/BIG SISTERS OF DELAWARE, INC.

Name: BIG BROTHERS/BIG SISTERS OF DELAWARE, INC. - 403(B) THRIFT PLAN OF BIG BROTHERS/BIG SISTERS OF DELAWARE, INC. (2020) Form 5500
Creator: BIG BROTHERS/BIG SISTERS OF DELAWARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF BIG BROTHERS/BIG SISTERS OF DELAWARE, INC., BIG BROTHERS/BIG SISTERS OF DELAWARE, INC.

BIG BROTHERS/BIG SISTERS OF DELAWARE, INC.EIN 51-6018399Plan #001PY 2020

413 LARCH CIR - WILMINGTON, DE 198042370302-998-3577bbbsde.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$266K

-71.6% from 2019

Total participants

+7.7% from 2019

Average account balance

$20,494

-71.6% from 2019

Annual return

10.75%

-11.49 pp from 2019

Benchmarks

See 102,091 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,091 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$188K

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

1000.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+8.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2684

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 codes2F2G2T2L2S

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$795K

$132440 / participant

Other / not subdivided$795K100.0%

% of EOY assets

298.257%

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

$20,494

$209,422-90.2%

$178,503-88.5%

$158,982-87.1%

Participation rate

83.3%

86.4%-3.0pp

81.9%+1.4pp

82.0%+1.4pp

Annual return

10.75%

188.81%-178.1pp

151.12%-140.4pp

302.99%-292.2pp

Employer contribution / active EE

$1,837

$5,707-67.8%

$5,011-63.3%

$4,763-61.4%

Participant deferral / active EE

$1,841

$5,955-69.1%

$5,202-64.6%

$5,983-69.2%

Admin fee / account holder

$61,126

$17,079+257.9%

$13,987+337.0%

$11,252+443.3%

403(B) THRIFT PLAN OF BIG BROTHERS/BIG SISTERS OF DELAWARE, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF BIG BROTHERS/BIG SISTERS OF DELAWARE, INC.

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