Retirement plan

NATIONAL PUBLIC RADIO, INC. RETIREMENT PLAN

Name: NATIONAL PUBLIC RADIO - NATIONAL PUBLIC RADIO, INC. RETIREMENT PLAN (2022) Form 5500
Creator: NATIONAL PUBLIC RADIO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL PUBLIC RADIO, INC. RETIREMENT PLAN, NATIONAL PUBLIC RADIO

NATIONAL PUBLIC RADIOEIN 52-0907625Plan #001PY 2022

1111 N CAPITOL ST NE - WASHINGTON, DC 20002202-513-2914

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$396.2M

-7.3% from 2016

Total participants

2,234

-4.5% from 2016

Average account balance

$195,751

-2.5% from 2016

Annual return

-12.64%

-6.49 pp from 2016

Benchmarks

See 181 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants1,000-4,999

Cohort181 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$425.79M

Not enough data

1 years with asset history on file

Average account balance

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

$219K

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.

1,947

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.

78.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$21.62M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$203

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
TIAA6 years Service code 15 · EIN 13-1624203	Recordkeeping	$288,279
AON CONSULTING3 years Filed as: AON HEWITT INVESTMENT CONSULTING, I Service code 28 · EIN 36-3109431	Investment Management	$60,750
BDO USA, LLP1 year Filed as: BDO USA, P.C. Service code 28 · EIN 13-5381590	Investment Management	$50,096
SEYFARTH SHAW LLP4 years Service code 10 · EIN 36-2152202	Accounting	$16,666

Plan features & details

Pension benefit codes2G2L2M2R2T

Plan features

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$416K

$273 / participant

Investment mgmt$77K18.6%
Contract admin$288K69.3%
Other / not subdivided$50K12.0%

% of EOY assets

0.105%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BDO USA, P.C.
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$195,751

$87,621+123.4%

$86,460+126.4%

$77,906+151.3%

Participation rate

86.2%

85.8%+0.4pp

80.3%+5.9pp

73.7%+12.5pp

Annual return

-12.64%

-13.90%+1.3pp

4399.82%-4412.5pp

12.16%-24.8pp

Employer contribution / active EE

$4,984

$3,474+43.5%

$3,771+32.2%

$2,846+75.1%

Participant deferral / active EE

$7,866

$8,645-9.0%

$6,954+13.1%

$4,805+63.7%

Admin fee / account holder

$205

$85+142.7%

$6,727-96.9%

$133+55.0%

Provider

Service type

Compensation

TIAA6 years

Service code 15 · EIN 13-1624203

Recordkeeping

$288,279

AON CONSULTING3 years

Filed as: AON HEWITT INVESTMENT CONSULTING, I

Service code 28 · EIN 36-3109431

Investment Management

$60,750

BDO USA, LLP1 year

Filed as: BDO USA, P.C.

Service code 28 · EIN 13-5381590

Investment Management

$50,096

SEYFARTH SHAW LLP4 years

Service code 10 · EIN 36-2152202

Accounting

$16,666

NATIONAL PUBLIC RADIO, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL PUBLIC RADIO, 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