Retirement plan

NATIONAL LEAGUE OF CITIES TAX QUALIFIED RETIREMENT AND SAVINGS PLAN

Name: NATIONAL LEAGUE OF CITIES SERVICES, INC. - NATIONAL LEAGUE OF CITIES TAX QUALIFIED RETIREMENT AND SAVINGS PLAN (2015) Form 5500
Creator: NATIONAL LEAGUE OF CITIES SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL LEAGUE OF CITIES TAX QUALIFIED RETIREMENT AND SAVINGS PLAN, NATIONAL LEAGUE OF CITIES SERVICES, INC.

NATIONAL LEAGUE OF CITIES SERVICES, INC.EIN 52-2185034Plan #001PY 2015

1301 PENNSYLVANIA AVE., NW, SUITE 550 - WASHINGTON, DC 20004202-626-3077nlc.orgLinkedIn51-200 employeespublic policy

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$24.7M

No prior year

Total participants

241

No prior year

Average account balance

$102,903

No prior year

Annual return

2.50%

No prior year

Benchmarks

See 1,412 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,412 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$54.82M

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

401

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.55M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+13.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$223

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

1 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 codes2E2F2G2J2T3H

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: TATE AND TRYON
Auditor EIN: 521855942
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$102,903

$41,854+145.9%

$73,836+39.4%

$52,331+96.6%

Participation rate

99.0%

66.2%+32.8pp

73.4%+25.6pp

68.1%+30.9pp

Annual return

2.50%

2.11%+0.4pp

2268.06%-2265.6pp

4.54%-2.0pp

Employer contribution / active EE

$6,227

$1,920+224.3%

$2,787+123.4%

$1,882+230.9%

Participant deferral / active EE

$5,551

$2,498+122.2%

$3,583+54.9%

$3,022+83.7%

Admin fee / account holder

$493-100.0%

$4,882-100.0%

$592-100.0%

NATIONAL LEAGUE OF CITIES TAX QUALIFIED RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

NATIONAL LEAGUE OF CITIES TAX QUALIFIED RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion