Retirement plan

NATIONAL COUNCIL FOR THE SOCIAL STUDIES MARYLAND DEFINED CONTRIBUTION RETIREMENT PLAN

Name: NATIONAL COUNCIL FOR THE SOCIAL STUDIES - NATIONAL COUNCIL FOR THE SOCIAL STUDIES MARYLAND DEFINED CONTRIBUTION RETIREMENT PLAN (2016) Form 5500
Creator: NATIONAL COUNCIL FOR THE SOCIAL STUDIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL COUNCIL FOR THE SOCIAL STUDIES MARYLAND DEFINED CONTRIBUTION RETIREMENT PLAN, NATIONAL COUNCIL FOR THE SOCIAL STUDIES

NATIONAL COUNCIL FOR THE SOCIAL STUDIESEIN 52-6055389Plan #001PY 2016

8555 16TH STREET, 500 - SILVER SPRING, MD 20910301-588-1800socialstudies.orgLinkedIn11-50 employeesprimary/secondary education

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$2.1M

No prior year

Total participants

No prior year

Average account balance

$83,092

No prior year

Annual return

-0.02%

No prior year

Benchmarks

See 30,917 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort30,917 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.21M

Not enough data

1 years with asset history on file

Average account balance

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

$183K

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.

209.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$106K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+10.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2104

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 codes2F2G2L

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$379K

$25279 / participant

Other / not subdivided$379K100.0%

% of EOY assets

18.254%

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

$83,092

$90,509-8.2%

$78,693+5.6%

$273,968-69.7%

Participation rate

100.0%

76.5%+23.5pp

73.6%+26.4pp

83.0%+17.0pp

Annual return

-0.02%

75.61%-75.6pp

62.18%-62.2pp

41.45%-41.5pp

Employer contribution / active EE

$2,381

$3,175-25.0%

$2,850-16.5%

$4,869-51.1%

Participant deferral / active EE

$3,725

$3,901-4.5%

$3,517+5.9%

$5,287-29.6%

Admin fee / account holder

$15,168

$5,264+188.1%

$4,511+236.3%

$10,132+49.7%

NATIONAL COUNCIL FOR THE SOCIAL STUDIES MARYLAND DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL COUNCIL FOR THE SOCIAL STUDIES MARYLAND DEFINED CONTRIBUTION RETIREMENT 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