Retirement plan

FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES, INC. RETIREMENT PLAN

Name: FOUNDATION FOR ADVANCED EDUCATION IN THE - FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES, INC. RETIREMENT PLAN (2016) Form 5500
Creator: FOUNDATION FOR ADVANCED EDUCATION IN THE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES, INC. RETIREMENT PLAN, FOUNDATION FOR ADVANCED EDUCATION IN THE

FOUNDATION FOR ADVANCED EDUCATION IN THEdba SCIENCES, INC.EIN 52-0743814Plan #001PY 2016

10 CENTER DRIVE, ROOM 1N241-MSC 111 - BETHESDA, MD 208921115301-594-8978

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.5M

No prior year

Total participants

No prior year

Average account balance

$75,739

No prior year

Annual return

0.85%

No prior year

Benchmarks

See 5,384 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,384 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.99M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

303.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$509K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+12.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5110

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 codes2F2G2L2S2T

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

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

$294K

$13366 / participant

Other / not subdivided$294K100.0%

% of EOY assets

6.471%

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

$75,739

$65,712+15.3%

$57,196+32.4%

$273,972-72.4%

Participation rate

86.4%

78.3%+8.0pp

75.3%+11.0pp

83.0%+3.3pp

Annual return

0.85%

22.01%-21.2pp

14.59%-13.7pp

41.46%-40.6pp

Employer contribution / active EE

$5,174

$3,280+57.7%

$2,683+92.9%

$4,869+6.3%

Participant deferral / active EE

$5,337

$3,782+41.1%

$3,096+72.4%

$5,287+0.9%

Admin fee / account holder

$4,901

$4,838+1.3%

$3,141+56.1%

$10,133-51.6%

FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FOUNDATION FOR ADVANCED EDUCATION IN THE SCIENCES, INC. 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