Retirement plan

AMERICAN COLLEGE OF MEDICAL GENETICS FOUNDATION 403(B)-DC PLAN

Name: ACMG FOUNDATION FOR GENETIC AND GENOMIC MEDICINE - AMERICAN COLLEGE OF MEDICAL GENETICS FOUNDATION 403(B)-DC PLAN (2020) Form 5500
Creator: ACMG FOUNDATION FOR GENETIC AND GENOMIC MEDICINE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMERICAN COLLEGE OF MEDICAL GENETICS FOUNDATION 403(B)-DC PLAN, ACMG FOUNDATION FOR GENETIC AND GENOMIC MEDICINE

ACMG FOUNDATION FOR GENETIC AND GENOMIC MEDICINEEIN 52-1841165Plan #001PY 2020

7101 WISCONSIN AVE STE 1101 - BETHESDA, MD 208144837301-718-9063LinkedIn11-50 employeesinvestment management

Other plans on this EIN

1 filing

#002Retirement-$1.7M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$6.8M

+53.3% from 2019

Total participants

+1.8% from 2019

Average account balance

$220,694

+176.9% from 2019

Annual return

45.28%

+24.29 pp from 2019

Benchmarks

See 8,772 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,772 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.38M

Not enough data

1 years with asset history on file

Average account balance

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

$168K

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.

131.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$532K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+20.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12555

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 codes2F2G2S2T

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.
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

2 tripped

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

$48K

$1202 / participant

Other / not subdivided$48K100.0%

% of EOY assets

0.703%

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

$220,694

$60,119+267.1%

$90,430+144.1%

$79,858+176.4%

Participation rate

35.0%

65.0%-30.0pp

72.7%-37.7pp

69.6%-34.6pp

Annual return

45.28%

71.94%-26.7pp

1293.73%-1248.4pp

31.72%+13.6pp

Employer contribution / active EE

$5,508

$2,068+166.4%

$3,262+68.9%

$2,471+122.9%

Participant deferral / active EE

$4,603

$2,938+56.7%

$3,963+16.1%

$3,740+23.1%

Admin fee / account holder

$1,551

$3,976-61.0%

$5,613-72.4%

$5,306-70.8%

AMERICAN COLLEGE OF MEDICAL GENETICS FOUNDATION 403(B)-DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMERICAN COLLEGE OF MEDICAL GENETICS FOUNDATION 403(B)-DC 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