Retirement plan

403(B) THRIFT PLAN OF MARYLAND CRIME VICTIMS RESOURCE CENTER, INC.

Name: MARYLAND CRIME VICTIMS RESOURCE CENTER, INC. - 403(B) THRIFT PLAN OF MARYLAND CRIME VICTIMS RESOURCE CENTER, INC. (2020) Form 5500
Creator: MARYLAND CRIME VICTIMS RESOURCE CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF MARYLAND CRIME VICTIMS RESOURCE CENTER, INC., MARYLAND CRIME VICTIMS RESOURCE CENTER, INC.

MARYLAND CRIME VICTIMS RESOURCE CENTER, INC.EIN 52-1376744Plan #001PY 2020

1001 PRINCE GEORGES BLVD STE 750 - UPPER MARLBORO, MD 207747416240-335-4030mdcrimevictims.orgLinkedIn11-50 employeeslegal services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$776K

+48.9% from 2019

Total participants

+3.8% from 2019

Average account balance

$29,844

+26.0% from 2019

Annual return

16.79%

-7.60 pp from 2019

Benchmarks

See 120,737 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort120,737 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.49M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

128.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$402K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12130

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 codes2F2G2T3D

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.
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

$27K

$1508 / participant

Other / not subdivided$27K100.0%

% of EOY assets

3.498%

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

$29,844

$165,399-82.0%

$149,745-80.1%

$158,982-81.2%

Participation rate

94.4%

84.6%+9.9pp

82.5%+12.0pp

82.0%+12.5pp

Annual return

16.79%

348.34%-331.5pp

276.72%-259.9pp

302.99%-286.2pp

Employer contribution / active EE

$2,252

$5,105-55.9%

$4,646-51.5%

$4,763-52.7%

Participant deferral / active EE

$8,549

$7,183+19.0%

$6,843+24.9%

$5,983+42.9%

Admin fee / account holder

$1,044

$10,811-90.3%

$9,312-88.8%

$11,252-90.7%

403(B) THRIFT PLAN OF MARYLAND CRIME VICTIMS RESOURCE CENTER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF MARYLAND CRIME VICTIMS RESOURCE CENTER, 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