Retirement plan

THE GERMAN MARSHALL FUND OF THE UNITED STATES 401(K) RETIREMENT PLAN

Name: THE GERMAN MARSHALL FUND OF THE UNITED STATES - THE GERMAN MARSHALL FUND OF THE UNITED STATES 401(K) RETIREMENT PLAN (2023) Form 5500
Creator: THE GERMAN MARSHALL FUND OF THE UNITED STATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE GERMAN MARSHALL FUND OF THE UNITED STATES 401(K) RETIREMENT PLAN, THE GERMAN MARSHALL FUND OF THE UNITED STATES

THE GERMAN MARSHALL FUND OF THE UNITED STATESEIN 52-0954751Plan #002PY 2023

1744 R STREET NW - WASHINGTON, DC 20009202-683-2690gmfus.orgLinkedIn51-200 employeesthink tanks

Other plans on this EIN

1 filing

#001Retirement-$420K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$12.5M

+29.6% from 2022

Total participants

135

+2.3% from 2022

Average account balance

$98,959

+22.4% from 2022

Annual return

19.73%

+36.54 pp from 2022

Benchmarks

See 9,806 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,806 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.88M

Not enough data

1 years with asset history on file

Average account balance

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

$132K

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.

113

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.

83.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+27.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$257

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 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY4 years Service code 13 · EIN 42-0127290	Contract Administrator	$22,302
ORENDA RETIREMENT, LLC1 year Filed as: ORENDA RETIREMENT LLC Service code 13 · EIN 36-4877979	Contract Administrator	$8,209

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$26K

$320 / participant

Contract admin$26K100.0%

% of EOY assets

0.206%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: COOPER SAVAS
Auditor EIN: 275169784
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$98,959

$57,330+72.6%

$86,656+14.2%

$75,177+31.6%

Participation rate

88.8%

63.2%+25.6pp

71.7%+17.0pp

67.2%+21.5pp

Annual return

19.73%

2675.40%-2655.7pp

593.09%-573.4pp

160.75%-141.0pp

Employer contribution / active EE

$7,267

$2,316+213.7%

$3,025+140.2%

$2,671+172.1%

Participant deferral / active EE

$10,447

$3,320+214.7%

$4,439+135.3%

$4,126+153.2%

Admin fee / account holder

$203

$4,115-95.1%

$5,619-96.4%

$5,651-96.4%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY4 years

Service code 13 · EIN 42-0127290

Contract Administrator

$22,302

ORENDA RETIREMENT, LLC1 year

Filed as: ORENDA RETIREMENT LLC

Service code 13 · EIN 36-4877979

Contract Administrator

$8,209

THE GERMAN MARSHALL FUND OF THE UNITED STATES 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE GERMAN MARSHALL FUND OF THE UNITED STATES 401(K) 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