Retirement plan

NAS PRIMARY RETIREMENT PLAN

Name: NATIONAL ACADEMY OF SCIENCES - NAS PRIMARY RETIREMENT PLAN (2017) Form 5500
Creator: NATIONAL ACADEMY OF SCIENCES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NAS PRIMARY RETIREMENT PLAN, NATIONAL ACADEMY OF SCIENCES

NATIONAL ACADEMY OF SCIENCESEIN 53-0196932Plan #003PY 2017

500 5TH STREET NW - WASHINGTON, DC 20001202-334-3400nasonline.orgLinkedIn501-1000 employeespublic policy

Other plans on this EIN

1 filing

#004Retirement-$242.2M assets

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed April 16, 2019

Plan administrator

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500 5th Street, NW

Washington State: DC Zip Code: 20001

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Plans declared (1)

National Academy of Sciences 457(b) Plan40 emp

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Total assets (EOY)

$272.6M

-3.4% from 2016

Total participants

2,933

-0.2% from 2016

Average account balance

$93,135

-3.1% from 2016

Annual return

13.81%

-4.75 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$398.24M

Not enough data

1 years with asset history on file

Average account balance

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

$126K

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.

3,164

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$15.71M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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)

$87

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
CAP FINANCIAL PARTNERS, LLC3+ years Service code 16 · EIN 26-0058143	Consulting	$73,500
MERCER1 year Service code 16 · EIN 13-2834414	Consulting	$24,800
TIAA3+ years Service code 64 · EIN 13-1624203	Recordkeeping Fees	$278

Plan features & details

Pension benefit codes2A2C2F2G2T

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$98K

$98 / participant

Other / not subdivided$98K100.0%

% of EOY assets

0.036%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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: GRANT THORNTON, LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,135

$155,795-40.2%

$136,298-31.7%

$69,634+33.7%

Participation rate

99.4%

75.2%+24.1pp

81.9%+17.5pp

70.7%+28.7pp

Annual return

13.81%

232464.33%-232450.5pp

5156.27%-5142.5pp

27572.26%-27558.5pp

Employer contribution / active EE

$11,948

$2,991+299.5%

$4,696+154.4%

$2,032+487.9%

Participant deferral / active EE

$5,394-100.0%

$6,247-100.0%

$3,224-100.0%

Admin fee / account holder

$34

$128-73.8%

$9,244-99.6%

$110-69.6%

Provider

Service type

Compensation

CAP FINANCIAL PARTNERS, LLC3+ years

Service code 16 · EIN 26-0058143

Consulting

$73,500

MERCER1 year

Service code 16 · EIN 13-2834414

Consulting

$24,800

TIAA3+ years

Service code 64 · EIN 13-1624203

Recordkeeping Fees

$278

NAS PRIMARY RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NAS PRIMARY RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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