Retirement plan

THE NATIONAL ITALIAN AMERICAN FOUNDATION 403B PLAN

Name: THE NATIONAL ITALIAN AMERICAN FOUNDATION - THE NATIONAL ITALIAN AMERICAN FOUNDATION 403B PLAN (2016) Form 5500
Creator: THE NATIONAL ITALIAN AMERICAN FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE NATIONAL ITALIAN AMERICAN FOUNDATION 403B PLAN, THE NATIONAL ITALIAN AMERICAN FOUNDATION

THE NATIONAL ITALIAN AMERICAN FOUNDATIONEIN 52-1071723Plan #001PY 2016

1860 19TH ST NW - WASHINGTON, DC 200095501202-939-3111niaf.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

-27.5% from 2015

Total participants

-13.6% from 2015

Average account balance

$28,918

-19.7% from 2015

Annual return

5.04%

+4.54 pp from 2015

Benchmarks

See 30,914 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort30,914 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.07M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

330.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$188K

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

+14.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1778

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 codes2L2G2T3D

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.
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

$629K

$44937 / participant

Other / not subdivided$629K100.0%

% of EOY assets

58.798%

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

$28,918

$90,486-68.0%

$78,676-63.2%

$273,972-89.4%

Participation rate

92.9%

76.5%+16.3pp

73.6%+19.3pp

83.0%+9.8pp

Annual return

5.04%

75.62%-70.6pp

62.19%-57.2pp

41.46%-36.4pp

Employer contribution / active EE

$6,525

$3,175+105.5%

$2,850+129.0%

$4,869+34.0%

Participant deferral / active EE

$3,224

$3,901-17.4%

$3,517-8.3%

$5,287-39.0%

Admin fee / account holder

$17,003

$5,263+223.1%

$4,510+277.0%

$10,133+67.8%

THE NATIONAL ITALIAN AMERICAN FOUNDATION 403B PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE NATIONAL ITALIAN AMERICAN FOUNDATION 403B 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