Retirement plan

NATIONAL LAW ENFORCEMENT MEMORIAL FUND INC 403(B) PLAN

Name: NATIONAL LAW ENFORCEMENT OFFICERS M EMORIAL FUND, INC. - NATIONAL LAW ENFORCEMENT MEMORIAL FUND INC 403(B) PLAN (2016) Form 5500
Creator: NATIONAL LAW ENFORCEMENT OFFICERS M EMORIAL FUND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL LAW ENFORCEMENT MEMORIAL FUND INC 403(B) PLAN, NATIONAL LAW ENFORCEMENT OFFICERS M EMORIAL FUND, INC.

NATIONAL LAW ENFORCEMENT OFFICERS M EMORIAL FUND, INC.EIN 52-1382926Plan #001PY 2016

901 E ST NW STE 100 - WASHINGTON, DC 200042025202-737-3400nleomf.orgLinkedIn51-200 employeesmuseums and institutions

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.2M

+8.9% from 2015

Total participants

-18.8% from 2015

Average account balance

$62,204

-3.9% from 2015

Annual return

7.35%

+10.77 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.52M

Not enough data

1 years with asset history on file

Average account balance

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

$60K

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.

182.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$268K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7153

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 codes2F2T2G2L

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$312K

$11995 / participant

Other / not subdivided$312K100.0%

% of EOY assets

9.831%

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

$62,204

$48,078+29.4%

$78,676-20.9%

$62,881-1.1%

Participation rate

96.2%

65.2%+30.9pp

73.6%+22.6pp

69.3%+26.8pp

Annual return

7.35%

31.36%-24.0pp

62.19%-54.8pp

20.14%-12.8pp

Employer contribution / active EE

$7,241

$2,015+259.4%

$2,850+154.1%

$2,281+217.4%

Participant deferral / active EE

$6,231

$2,587+140.8%

$3,517+77.2%

$3,203+94.5%

Admin fee / account holder

$6,115

$3,206+90.7%

$4,510+35.6%

$4,296+42.4%

NATIONAL LAW ENFORCEMENT MEMORIAL FUND INC 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL LAW ENFORCEMENT MEMORIAL FUND 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