Retirement plan

MAKE-A-WISH FOUNDATION OF THE MID-ATLANTIC, INC. 403(B) PLAN

Name: MAKE-A-WISH FOUNDATION OF THE MID-ATLANTIC - MAKE-A-WISH FOUNDATION OF THE MID-ATLANTIC, INC. 403(B) PLAN (2024) Form 5500
Creator: MAKE-A-WISH FOUNDATION OF THE MID-ATLANTIC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAKE-A-WISH FOUNDATION OF THE MID-ATLANTIC, INC. 403(B) PLAN, MAKE-A-WISH FOUNDATION OF THE MID-ATLANTIC

MAKE-A-WISH FOUNDATION OF THE MID-ATLANTICEIN 52-1306075Plan #001PY 2024

6555 ROCK SPRING DR STE 280 - BETHESDA, MD 208172840301-962-9474

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.8M

+8.1% from 2023

Total participants

+2.3% from 2023

Average account balance

$63,328

+5.6% from 2023

Annual return

14.79%

-3.34 pp from 2023

Benchmarks

See 49,898 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,898 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.79M

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.

183.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$299K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11167

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

$491K

$20474 / participant

Other / not subdivided$491K100.0%

% of EOY assets

17.634%

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

$63,328

$88,778-28.7%

$81,844-22.6%

$145,884-56.6%

Participation rate

95.8%

75.1%+20.8pp

72.4%+23.5pp

80.3%+15.5pp

Annual return

14.79%

1033.03%-1018.2pp

778.87%-764.1pp

551.85%-537.1pp

Employer contribution / active EE

$4,095

$3,087+32.7%

$2,916+40.4%

$4,662-12.2%

Participant deferral / active EE

$8,351

$4,648+79.7%

$4,323+93.2%

$6,690+24.8%

Admin fee / account holder

$11,167

$8,430+32.5%

$7,355+51.8%

$13,392-16.6%

MAKE-A-WISH FOUNDATION OF THE MID-ATLANTIC, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAKE-A-WISH FOUNDATION OF THE MID-ATLANTIC, INC. 403(B) 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