Retirement plan

REGULATORY AFFAIRS PROFESSIONALS SOCIETY TAX DEFERRED SAVINGS PLAN

Name: REGULATORY AFFAIRS PROFESSIONALS SOCIETY - REGULATORY AFFAIRS PROFESSIONALS SOCIETY TAX DEFERRED SAVINGS PLAN (2022) Form 5500
Creator: REGULATORY AFFAIRS PROFESSIONALS SOCIETY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REGULATORY AFFAIRS PROFESSIONALS SOCIETY TAX DEFERRED SAVINGS PLAN, REGULATORY AFFAIRS PROFESSIONALS SOCIETY

REGULATORY AFFAIRS PROFESSIONALS SOCIETYEIN 52-1139030Plan #001PY 2022

5635 FISHERS LANE, SUITE 400 - ROCKVILLE, MD 208521796301-770-2920LinkedIn11-50 employeescivic & social organization

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.6M

-10.6% from 2021

Total participants

+29.4% from 2021

Average account balance

$54,213

-31.9% from 2021

Annual return

-16.15%

-44.22 pp from 2021

Benchmarks

See 28,005 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,005 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.47M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

134.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$809K

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

+15.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1781

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 codes2S2M2G2F2T

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$335K

$6089 / participant

Other / not subdivided$335K100.0%

% of EOY assets

7.354%

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

$54,213

$82,674-34.4%

$125,363-56.8%

$68,495-20.9%

Participation rate

92.7%

75.0%+17.7pp

82.4%+10.4pp

67.9%+24.8pp

Annual return

-16.15%

-5.97%-10.2pp

572.15%-588.3pp

-7.84%-8.3pp

Employer contribution / active EE

$3,720

$3,382+10.0%

$4,815-22.7%

$2,596+43.3%

Participant deferral / active EE

$7,475

$6,111+22.3%

$7,447+0.4%

$4,028+85.6%

Admin fee / account holder

$3,987

$6,276-36.5%

$10,005-60.2%

$5,403-26.2%

REGULATORY AFFAIRS PROFESSIONALS SOCIETY TAX DEFERRED SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REGULATORY AFFAIRS PROFESSIONALS SOCIETY TAX DEFERRED SAVINGS 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