Retirement plan

NATIONAL ASSOCIATION OF POSTAL SUPERVISORS 401(K) PROFIT SHARING PLAN

Name: NATIONAL ASSOCIATION OF POSTAL SUPERVISORS - NATIONAL ASSOCIATION OF POSTAL SUPERVISORS 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: NATIONAL ASSOCIATION OF POSTAL SUPERVISORS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL ASSOCIATION OF POSTAL SUPERVISORS 401(K) PROFIT SHARING PLAN, NATIONAL ASSOCIATION OF POSTAL SUPERVISORS

NATIONAL ASSOCIATION OF POSTAL SUPERVISORSEIN 53-0188062Plan #002PY 2019

1727 KING STREET, SUITE 400 - ALEXANDRIA, VA 223142700703-836-9660naps.orgLinkedIn11-50 employeeslegislative office

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$238K

+18.9% from 2018

Total participants

-18.2% from 2018

Average account balance

$39,639

+58.5% from 2018

Annual return

18.19%

+25.36 pp from 2018

Benchmarks

See 35,105 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,105 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$395K

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$38K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+8.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9412

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 codes2E2F2G2J2T3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$34K

$5605 / participant

Other / not subdivided$34K100.0%

% of EOY assets

14.140%

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

$39,639

$103,038-61.5%

$90,324-56.1%

$152,909-74.1%

Participation rate

50.0%

75.9%-25.9pp

73.3%-23.3pp

82.5%-32.5pp

Annual return

18.19%

95.25%-77.1pp

78.15%-60.0pp

345.46%-327.3pp

Employer contribution / active EE

$521

$3,141-83.4%

$2,856-81.8%

$4,764-89.1%

Participant deferral / active EE

$5,222

$4,282+22.0%

$3,885+34.4%

$5,851-10.8%

Admin fee / account holder

$5,605

$6,177-9.3%

$5,356+4.7%

$11,601-51.7%

NATIONAL ASSOCIATION OF POSTAL SUPERVISORS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL ASSOCIATION OF POSTAL SUPERVISORS 401(K) PROFIT SHARING 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