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 (2024) 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 2024

10 CENTER DRIVE, RM 1N241-MSC 1115 - BETHESDA, MD 208921115301-827-5779

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8M

+13.8% from 2023

Total participants

0.0% from 2023

Average account balance

$97,493

+12.4% from 2023

Annual return

12.47%

-0.84 pp from 2023

Benchmarks

See 4,485 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,485 peers

Snapshot2024

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 codes2F2G2L2S2T3D

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.
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

$419K

$15520 / participant

Other / not subdivided$419K100.0%

% of EOY assets

5.242%

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

$97,493

$48,284+101.9%

$67,524+44.4%

$80,911+20.5%

Participation rate

96.3%

66.4%+29.9pp

72.9%+23.4pp

67.6%+28.6pp

Annual return

12.47%

18.27%-5.8pp

3519.41%-3506.9pp

35.63%-23.2pp

Employer contribution / active EE

$9,416

$2,021+365.8%

$2,734+244.4%

$2,756+241.7%

Participant deferral / active EE

$9,449

$2,927+222.9%

$4,001+136.1%

$4,297+119.9%

Admin fee / account holder

$5,110

$3,688+38.6%

$4,001+27.7%

$6,935-26.3%

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