Retirement plan

THE ASSOCIATION OF SCIENCE - TECHNOLOGY CENTERS TAX SHELTERED ANNUITY

Name: THE ASSOCIATION OF SCIENCE-TECHNOLOGY CENTERS - THE ASSOCIATION OF SCIENCE - TECHNOLOGY CENTERS TAX SHELTERED ANNUITY (2020) Form 5500
Creator: THE ASSOCIATION OF SCIENCE-TECHNOLOGY CENTERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ASSOCIATION OF SCIENCE - TECHNOLOGY CENTERS TAX SHELTERED ANNUITY, THE ASSOCIATION OF SCIENCE-TECHNOLOGY CENTERS

THE ASSOCIATION OF SCIENCE-TECHNOLOGY CENTERSEIN 52-1926756Plan #002PY 2020

818 CONNECTICUT AVE NW FL 7 - WASHINGTON, DC 200062702202-783-7200astc.orgLinkedIn11-50 employeesmuseums and institutions

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.1M

+20.1% from 2019

Total participants

+7.9% from 2019

Average account balance

$101,881

+8.1% from 2019

Annual return

13.31%

-6.73 pp from 2019

Benchmarks

See 36,257 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,257 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$2.48M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

168.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$310K

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

+12.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$19247

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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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 codes2F2G2L2M2S2T3D

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
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

$13K

$557 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.314%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$101,881

$100,852+1.0%

$90,404+12.7%

$158,922-35.9%

Participation rate

95.7%

75.0%+20.6pp

72.7%+23.0pp

82.0%+13.7pp

Annual return

13.31%

1724.20%-1710.9pp

1293.02%-1279.7pp

302.83%-289.5pp

Employer contribution / active EE

$4,142

$3,689+12.3%

$3,262+27.0%

$4,761-13.0%

Participant deferral / active EE

$5,856

$4,348+34.7%

$3,963+47.8%

$5,982-2.1%

Admin fee / account holder

$320

$6,501-95.1%

$5,611-94.3%

$11,246-97.2%

THE ASSOCIATION OF SCIENCE - TECHNOLOGY CENTERS TAX SHELTERED ANNUITY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ASSOCIATION OF SCIENCE - TECHNOLOGY CENTERS TAX SHELTERED ANNUITY

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