Retirement plan

PARTNERS OF THE AMERICAS, INC. TAX SHELTERED ANNUITY PLAN

Name: PARTNERS OF THE AMERICAS, INC. - PARTNERS OF THE AMERICAS, INC. TAX SHELTERED ANNUITY PLAN (2020) Form 5500
Creator: PARTNERS OF THE AMERICAS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARTNERS OF THE AMERICAS, INC. TAX SHELTERED ANNUITY PLAN, PARTNERS OF THE AMERICAS, INC.

PARTNERS OF THE AMERICAS, INC.EIN 52-0848769Plan #001PY 2020

1424 K ST NW STE 700 - WASHINGTON, DC 200052410202-637-6216partners.netLinkedIn11-50 employeesinternational affairs

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

-6.3% from 2019

Total participants

+6.0% from 2019

Average account balance

$53,550

-16.3% from 2019

Annual return

13.55%

-8.29 pp from 2019

Benchmarks

See 8,769 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,769 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.30M

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

143.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$795K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+12.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7718

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 codes2F2G2L2M2T3D

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

$754K

$22843 / participant

Other / not subdivided$754K100.0%

% of EOY assets

29.951%

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

$53,550

$60,128-10.9%

$90,440-40.8%

$79,852-32.9%

Participation rate

81.8%

65.0%+16.8pp

72.7%+9.1pp

69.6%+12.2pp

Annual return

13.55%

71.95%-58.4pp

1294.38%-1280.8pp

31.72%-18.2pp

Employer contribution / active EE

$2,901

$2,068+40.2%

$3,263-11.1%

$2,471+17.4%

Participant deferral / active EE

$3,712

$2,939+26.3%

$3,964-6.3%

$3,740-0.8%

Admin fee / account holder

$16,039

$3,977+303.2%

$5,615+185.6%

$5,306+202.3%

PARTNERS OF THE AMERICAS, INC. TAX SHELTERED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARTNERS OF THE AMERICAS, INC. TAX SHELTERED ANNUITY 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