Retirement plan

403(B) THRIFT PLAN OF MARYLAND ASSOCIATION OF NONPROFIT ORGANIZATIONS, INC.

Name: MARYLAND ASSOCIATION OF NONPROFIT ORGANIZATIONS, INC. - 403(B) THRIFT PLAN OF MARYLAND ASSOCIATION OF NONPROFIT ORGANIZATIONS, INC. (2021) Form 5500
Creator: MARYLAND ASSOCIATION OF NONPROFIT ORGANIZATIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF MARYLAND ASSOCIATION OF NONPROFIT ORGANIZATIONS, INC., MARYLAND ASSOCIATION OF NONPROFIT ORGANIZATIONS, INC.

MARYLAND ASSOCIATION OF NONPROFIT ORGANIZATIONS, INC.EIN 52-1749231Plan #002PY 2021

1500 UNION AVE STE 2500 - BALTIMORE, MD 212111987410-727-6367

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$2.6M

+32.2% from 2020

Total participants

+27.3% from 2020

Average account balance

$116,664

+26.2% from 2020

Annual return

25.90%

+9.64 pp from 2020

Benchmarks

See 37,602 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort37,602 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.46M

Not enough data

1 years with asset history on file

Average account balance

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

$133K

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.

130.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$137K

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

+14.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$34337

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$1K

$68 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.040%

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

$116,664

$109,905+6.1%

$98,506+18.4%

$167,553-30.4%

Participation rate

60.0%

75.8%-15.8pp

73.3%-13.3pp

82.1%-22.1pp

Annual return

25.90%

1960.20%-1934.3pp

1494.92%-1469.0pp

478.89%-453.0pp

Employer contribution / active EE

$3,354

$3,226+4.0%

$2,961+13.3%

$4,840-30.7%

Participant deferral / active EE

$4,884

$4,674+4.5%

$4,277+14.2%

$6,343-23.0%

Admin fee / account holder

$47

$6,760-99.3%

$5,955-99.2%

$12,316-99.6%

403(B) THRIFT PLAN OF MARYLAND ASSOCIATION OF NONPROFIT ORGANIZATIONS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF MARYLAND ASSOCIATION OF NONPROFIT ORGANIZATIONS, 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