Retirement plan

CENTER FOR DEMOCRACY AND TECHNOLOGY 403(B) (7) PLAN

Name: CENTER FOR DEMOCRACY AND TECHNOLOGY - CENTER FOR DEMOCRACY AND TECHNOLOGY 403(B) (7) PLAN (2016) Form 5500
Creator: CENTER FOR DEMOCRACY AND TECHNOLOGY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTER FOR DEMOCRACY AND TECHNOLOGY 403(B) (7) PLAN, CENTER FOR DEMOCRACY AND TECHNOLOGY

CENTER FOR DEMOCRACY AND TECHNOLOGYEIN 52-1905358Plan #001PY 2016

1634 I STREET, NW, STE 1100 - WASHINGTON, DC 20006202-637-9800cdt.orgLinkedIn11-50 employeespublic policy

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.8M

-1.3% from 2015

Total participants

+3.6% from 2015

Average account balance

$54,671

-1.3% from 2015

Annual return

4.93%

+3.08 pp from 2015

Benchmarks

See 30,914 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort30,914 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.11M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

204.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$595K

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

+15.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1935

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 codes2E2F2G2M2T3D

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$468K

$23389 / participant

Other / not subdivided$468K100.0%

% of EOY assets

16.455%

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

$54,671

$90,486-39.6%

$78,676-30.5%

$273,972-80.0%

Participation rate

75.0%

76.5%-1.5pp

73.6%+1.4pp

83.0%-8.0pp

Annual return

4.93%

75.62%-70.7pp

62.19%-57.3pp

41.46%-36.5pp

Employer contribution / active EE

$6,972

$3,175+119.6%

$2,850+144.6%

$4,869+43.2%

Participant deferral / active EE

$7,449

$3,901+90.9%

$3,517+111.8%

$5,287+40.9%

Admin fee / account holder

$8,996

$5,263+70.9%

$4,510+99.5%

$10,133-11.2%

CENTER FOR DEMOCRACY AND TECHNOLOGY 403(B) (7) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTER FOR DEMOCRACY AND TECHNOLOGY 403(B) (7) 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