Retirement plan

403(B) THRIFT PLAN OF ASSOCIATED BLACK CHARITIES, INC.

Name: ASSOCIATED BLACK CHARITIES, INC. - 403(B) THRIFT PLAN OF ASSOCIATED BLACK CHARITIES, INC. (2018) Form 5500
Creator: ASSOCIATED BLACK CHARITIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF ASSOCIATED BLACK CHARITIES, INC., ASSOCIATED BLACK CHARITIES, INC.

ASSOCIATED BLACK CHARITIES, INC.EIN 52-1427774Plan #002PY 2018

2 HAMILL ROAD, 272 NORTH QUADRANGLE - BALTIMORE, MD 21210443-659-0000associatedblackcharities.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$327K

+10.6% from 2017

Total participants

+36.4% from 2017

Average account balance

$25,118

-14.9% from 2017

Annual return

-3.02%

-44.49 pp from 2017

Benchmarks

See 33,726 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,726 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$480K

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

260.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$23K

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

+14.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1977

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 codes2F2T

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).
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

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

$72K

$5993 / participant

Other / not subdivided$72K100.0%

% of EOY assets

22.023%

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

$25,118

$90,607-72.3%

$79,467-68.4%

$135,380-81.4%

Participation rate

83.3%

76.0%+7.3pp

73.3%+10.0pp

82.6%+0.7pp

Annual return

-3.02%

977.74%-980.8pp

718.30%-721.3pp

519.81%-522.8pp

Employer contribution / active EE

$2,448

$3,068-20.2%

$2,800-12.6%

$4,779-48.8%

Participant deferral / active EE

$6,903

$4,050+70.4%

$3,704+86.4%

$5,609+23.1%

Admin fee / account holder

$5,532

$5,895-6.2%

$5,104+8.4%

$10,828-48.9%

403(B) THRIFT PLAN OF ASSOCIATED BLACK CHARITIES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF ASSOCIATED BLACK CHARITIES, 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