Retirement plan

CENTER FOR ECONOMIC AND POLICY RESEARCH TAX DEFERRED ANNUITY

Name: CENTER FOR ECONOMIC AND POLICY RESEARCH - CENTER FOR ECONOMIC AND POLICY RESEARCH TAX DEFERRED ANNUITY (2023) Form 5500
Creator: CENTER FOR ECONOMIC AND POLICY RESEARCH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTER FOR ECONOMIC AND POLICY RESEARCH TAX DEFERRED ANNUITY, CENTER FOR ECONOMIC AND POLICY RESEARCH

CENTER FOR ECONOMIC AND POLICY RESEARCHEIN 52-2204029Plan #002PY 2023

1611 CONNECTICUT AVE NW STE 400 - WASHINGTON, DC 200091033202-810-7844cepr.netLinkedIn11-50 employeesthink tanks

Other plans on this EIN

1 filing

#001Retirement-$2.1M assets

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$2.4M

+11.4% from 2022

Total participants

0.0% from 2022

Average account balance

$60,645

+11.4% from 2022

Annual return

15.41%

+29.69 pp from 2022

Benchmarks

See 9,806 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,806 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.93M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

135.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$255K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$93

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 codes2F2G2J2L

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.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$316K

$10883 / participant

Other / not subdivided$316K100.0%

% of EOY assets

13.010%

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

$60,645

$57,330+5.8%

$86,656-30.0%

$75,177-19.3%

Participation rate

100.0%

63.2%+36.8pp

71.7%+28.3pp

67.2%+32.8pp

Annual return

15.41%

2675.40%-2660.0pp

593.09%-577.7pp

160.75%-145.3pp

Employer contribution / active EE

$2,316-100.0%

$3,025-100.0%

$2,671-100.0%

Participant deferral / active EE

$7,867

$3,320+137.0%

$4,439+77.2%

$4,126+90.7%

Admin fee / account holder

$7,890

$4,115+91.7%

$5,619+40.4%

$5,651+39.6%

CENTER FOR ECONOMIC AND POLICY RESEARCH TAX DEFERRED ANNUITY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTER FOR ECONOMIC AND POLICY RESEARCH TAX DEFERRED 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