Retirement plan

403(B) THRIFT PLAN OF ASSOCIATION OF BALTIMORE AREA GRANTMAKERS, INC.

Name: ASSOCIATION OF BALTIMORE AREA GRANT MAKERS, INC. - 403(B) THRIFT PLAN OF ASSOCIATION OF BALTIMORE AREA GRANTMAKERS, INC. (2015) Form 5500
Creator: ASSOCIATION OF BALTIMORE AREA GRANT MAKERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF ASSOCIATION OF BALTIMORE AREA GRANTMAKERS, INC., ASSOCIATION OF BALTIMORE AREA GRANT MAKERS, INC.

ASSOCIATION OF BALTIMORE AREA GRANT MAKERS, INC.EIN 52-1326863Plan #001PY 2015

2 E READ ST FL 2 - BALTIMORE, MD 21202410-727-1205

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$604K

No prior year

Total participants

No prior year

Average account balance

$37,743

No prior year

Annual return

-2.12%

No prior year

Benchmarks

See 26,342 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort26,342 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.49M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

65.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$160K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+25.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$899

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 codes2L

Plan features

2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$205

$17 / participant

Other / not subdivided$205100.0%

% of EOY assets

0.034%

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

$37,743

$84,697-55.4%

$73,845-48.9%

$125,393-69.9%

Participation rate

100.0%

76.8%+23.2pp

73.4%+26.6pp

83.2%+16.8pp

Annual return

-2.12%

3123.66%-3125.8pp

2267.91%-2270.0pp

282.23%-284.4pp

Employer contribution / active EE

$1,917

$3,123-38.6%

$2,788-31.2%

$4,866-60.6%

Participant deferral / active EE

$4,461

$3,993+11.7%

$3,583+24.5%

$5,351-16.6%

Admin fee / account holder

$13

$5,692-99.8%

$4,881-99.7%

$9,541-99.9%

403(B) THRIFT PLAN OF ASSOCIATION OF BALTIMORE AREA GRANTMAKERS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF ASSOCIATION OF BALTIMORE AREA GRANTMAKERS, INC.

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