Retirement plan

WORLD TRADE CENTER INSTITUTE, INC. 401(K) PLAN

Name: WORLD TRADE CENTER INSTITUTE, INC. - WORLD TRADE CENTER INSTITUTE, INC. 401(K) PLAN (2019) Form 5500
Creator: WORLD TRADE CENTER INSTITUTE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WORLD TRADE CENTER INSTITUTE, INC. 401(K) PLAN, WORLD TRADE CENTER INSTITUTE, INC.

WORLD TRADE CENTER INSTITUTE, INC.EIN 52-1591820Plan #001PY 2019

401 E. PRATT STREET, SUITE 232 - BALTIMORE, MD 212023041410-576-0022wtci.orgLinkedIn11-50 employeesinternational trade and development

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$443K

+9.8% from 2018

Total participants

+18.2% from 2018

Average account balance

$36,936

-8.5% from 2018

Annual return

3.71%

-8.66 pp from 2018

Benchmarks

See 35,119 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,119 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.22M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$128K

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

+11.70%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1400

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 codes2E2F2G2J3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$22K

$1868 / participant

Other / not subdivided$22K100.0%

% of EOY assets

5.056%

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

$36,936

$103,008-64.1%

$90,304-59.1%

$152,897-75.8%

Participation rate

91.7%

75.9%+15.8pp

73.3%+18.4pp

82.5%+9.2pp

Annual return

3.71%

95.22%-91.5pp

78.13%-74.4pp

345.43%-341.7pp

Employer contribution / active EE

$2,625

$3,139-16.4%

$2,855-8.1%

$4,764-44.9%

Participant deferral / active EE

$1,288

$4,281-69.9%

$3,885-66.8%

$5,851-78.0%

Admin fee / account holder

$1,868

$6,175-69.8%

$5,354-65.1%

$11,599-83.9%

WORLD TRADE CENTER INSTITUTE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WORLD TRADE CENTER INSTITUTE, INC. 401(K) 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