Retirement plan

NASDA 401K PLAN

Name: THE NATIONAL ASSOCIATION OF STATE DEPARTMENTS OF AGRICULTURE - NASDA 401K PLAN (2020) Form 5500
Creator: THE NATIONAL ASSOCIATION OF STATE DEPARTMENTS OF AGRICULTURE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NASDA 401K PLAN, THE NATIONAL ASSOCIATION OF STATE DEPARTMENTS OF AGRICULTURE

THE NATIONAL ASSOCIATION OF STATE DEPARTMENTS OF AGRICULTUREEIN 52-0845105Plan #003PY 2020

4350 FAIRFAX DRIVE, SUITE 910 - ARLINGTON, VA 22203202-296-9680

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

+22.8% from 2019

Total participants

-3.6% from 2019

Average account balance

$81,894

+17.7% from 2019

Annual return

16.42%

-0.69 pp from 2019

Benchmarks

See 36,192 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,192 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.36M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

127.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$124K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2473

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 codes2E2F2G2J3D

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.
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

$79K

$4378 / participant

Other / not subdivided$79K100.0%

% of EOY assets

4.010%

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

$81,894

$100,938-18.9%

$90,461-9.5%

$158,982-48.5%

Participation rate

83.3%

75.0%+8.3pp

72.7%+10.6pp

82.0%+1.4pp

Annual return

16.42%

1727.20%-1710.8pp

1294.76%-1278.3pp

302.99%-286.6pp

Employer contribution / active EE

$3,236

$3,691-12.3%

$3,264-0.9%

$4,763-32.1%

Participant deferral / active EE

$6,832

$4,350+57.1%

$3,964+72.3%

$5,983+14.2%

Admin fee / account holder

$3,284

$6,510-49.6%

$5,617-41.5%

$11,252-70.8%

NASDA 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NASDA 401K 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