Retirement plan

403 B THRIFT PLAN OF MARYLAND CENTER FOR VETERANS EDUCATION TRAINING IN

Name: MARYLAND CENTER FOR VETERANS EDUCAT ION TRAINING INC - 403 B THRIFT PLAN OF MARYLAND CENTER FOR VETERANS EDUCATION TRAINING IN (2017) Form 5500
Creator: MARYLAND CENTER FOR VETERANS EDUCAT ION TRAINING INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403 B THRIFT PLAN OF MARYLAND CENTER FOR VETERANS EDUCATION TRAINING IN, MARYLAND CENTER FOR VETERANS EDUCAT ION TRAINING INC

MARYLAND CENTER FOR VETERANS EDUCAT ION TRAINING INCEIN 52-1815710Plan #001PY 2017

301 N HIGH ST - BALTIMORE, MD 212024801410-576-9626mdcenterforthearts.orgLinkedIn1-10 employeesperforming arts

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$589K

+13.0% from 2016

Total participants

+5.7% from 2016

Average account balance

$17,309

+13.0% from 2016

Annual return

12.69%

+6.62 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$884K

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

35.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$149

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

+11.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$110

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 codes2F2L2G2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$2769 / participant

Other / not subdivided$72K100.0%

% of EOY assets

12.232%

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

$17,309

$84,236-79.5%

$170,435-89.8%

$70,126-75.3%

Participation rate

88.5%

70.8%+17.6pp

83.6%+4.9pp

69.5%+18.9pp

Annual return

12.69%

23.06%-10.4pp

205.94%-193.3pp

73.15%-60.5pp

Employer contribution / active EE

$790

$3,387-76.7%

$5,432-85.5%

$2,343-66.3%

Participant deferral / active EE

$2,038

$3,086-33.9%

$4,939-58.7%

$3,332-38.8%

Admin fee / account holder

$2,117

$5,698-62.8%

$13,881-84.7%

$4,645-54.4%

403 B THRIFT PLAN OF MARYLAND CENTER FOR VETERANS EDUCATION TRAINING IN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403 B THRIFT PLAN OF MARYLAND CENTER FOR VETERANS EDUCATION TRAINING IN

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