Retirement plan

AFL-CIO DEFERRED COMPENSATION PLAN

Name: TRUSTEE & BOARD OF DIRECTORS OF AFL-CIO DEFERRED COMPENSATION PLAN - AFL-CIO DEFERRED COMPENSATION PLAN (2023) Form 5500
Creator: TRUSTEE & BOARD OF DIRECTORS OF AFL-CIO DEFERRED COMPENSATION PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AFL-CIO DEFERRED COMPENSATION PLAN, TRUSTEE & BOARD OF DIRECTORS OF AFL-CIO DEFERRED COMPENSATION PLAN

TRUSTEE & BOARD OF DIRECTORS OF AFL-CIO DEFERRED COMPENSATION PLANEIN 52-1417400Plan #401PY 2023

815 BLACK LIVES MATTER PLZ NW, ROOM 3084 - WASHINGTON, DC 200064104202-637-3901

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$145.4M

+12.7% from 2022

Total participants

1,429

+0.5% from 2022

Average account balance

$101,719

+12.2% from 2022

Annual return

15.05%

+30.86 pp from 2022

Benchmarks

See 1,011 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,011 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$154.63M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

1,520

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.

79.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.93M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

$139

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
PRUDENTIAL RETIREMENT INSURANCE AND9+ years Filed as: PRUDENTIAL RETIREMENT INSURANCE AN Service code 15 · EIN 06-1050034	Recordkeeping	$116,525
CALIBRE CPA GROUP PLLC9+ years Filed as: CALIBRE CPA GROUP, PLLC Service code 10 · EIN 47-0900880	Accounting	$43,293
THE SEGAL COMPANY6 years Filed as: SEGAL CONSULTING Service code 16 · EIN 13-1835864	Consulting	$35,869
THE SEGAL COMPANY1 year Filed as: SEGAL ADVISORS INC. Service code 27 · EIN 13-2646110	Advisory (Plan)	$10,000
BREDHOFF & KAISER9+ years Filed as: BREDHOFF & KAISER, PLLC Service code 29 · EIN 52-0969534	Legal	$9,593

Plan features & details

Pension benefit codes2E2F2G2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$239K

$276 / participant

Recordkeeping$117K48.8%
Investment mgmt$10K4.2%
Legal$10K4.0%
Other / not subdivided$103K43.0%

% of EOY assets

0.164%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CALIBRE CPA GROUP, PLLC
Auditor EIN: 470900880
Audit fees: $43,293
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,719

$52,188+94.9%

$86,640+17.4%

$74,460+36.6%

Participation rate

100.0%

66.3%+33.7pp

71.7%+28.3pp

70.7%+29.3pp

Annual return

15.05%

44.46%-29.4pp

592.52%-577.5pp

34.38%-19.3pp

Employer contribution / active EE

$788

$2,282-65.5%

$3,024-74.0%

$2,638-70.1%

Participant deferral / active EE

$5,543

$3,383+63.9%

$4,438+24.9%

$4,530+22.4%

Admin fee / account holder

$167

$319-47.6%

$5,616-97.0%

$348-52.0%

Provider

Service type

Compensation

PRUDENTIAL RETIREMENT INSURANCE AND9+ years

Filed as: PRUDENTIAL RETIREMENT INSURANCE AN

Service code 15 · EIN 06-1050034

Recordkeeping

$116,525

CALIBRE CPA GROUP PLLC9+ years

Filed as: CALIBRE CPA GROUP, PLLC

Service code 10 · EIN 47-0900880

Accounting

$43,293

THE SEGAL COMPANY6 years

Filed as: SEGAL CONSULTING

Service code 16 · EIN 13-1835864

Consulting

$35,869

THE SEGAL COMPANY1 year

Filed as: SEGAL ADVISORS INC.

Service code 27 · EIN 13-2646110

Advisory (Plan)

$10,000

BREDHOFF & KAISER9+ years

Filed as: BREDHOFF & KAISER, PLLC

Service code 29 · EIN 52-0969534

Legal

$9,593

AFL-CIO DEFERRED COMPENSATION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AFL-CIO DEFERRED COMPENSATION 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