Retirement plan

TIAA-CREF RETIREMENT PLAN FOR ALL EMPLOYEES OF AMERICAN INSTITUTE OF BIOLOGICAL SCIENCES, INC.

Name: AMERICAN INSTITUTE OF BIOLOGICAL SCIENCES, INC. - TIAA-CREF RETIREMENT PLAN FOR ALL EMPLOYEES OF AMERICAN INSTITUTE OF BIOLOGICAL SCIENCES, INC. (2017) Form 5500
Creator: AMERICAN INSTITUTE OF BIOLOGICAL SCIENCES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TIAA-CREF RETIREMENT PLAN FOR ALL EMPLOYEES OF AMERICAN INSTITUTE OF BIOLOGICAL SCIENCES, INC., AMERICAN INSTITUTE OF BIOLOGICAL SCIENCES, INC.

AMERICAN INSTITUTE OF BIOLOGICAL SCIENCES, INC.EIN 53-0220853Plan #002PY 2017

C/O BURK ASSOCIATES, INC., 1313 DOLLEY MADISON BLVD., STE. 402 - MCLEAN, VA 22101703-790-1745aibs.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$4.4M

+11.3% from 2016

Total participants

-3.4% from 2016

Average account balance

$52,593

+15.3% from 2016

Annual return

16.68%

+10.55 pp from 2016

Benchmarks

See 7,912 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,912 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.36M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

355.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$84K

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

+14.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9712

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.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$296K

$10981 / participant

Other / not subdivided$296K100.0%

% of EOY assets

6.711%

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

$52,593

$53,128-1.0%

$86,581-39.3%

$70,124-25.0%

Participation rate

96.3%

65.3%+31.0pp

73.5%+22.8pp

69.5%+26.8pp

Annual return

16.68%

27.66%-11.0pp

965.06%-948.4pp

73.14%-56.5pp

Employer contribution / active EE

$3,044

$2,068+47.2%

$2,840+7.2%

$2,342+29.9%

Participant deferral / active EE

$2,695-100.0%

$3,609-100.0%

$3,332-100.0%

Admin fee / account holder

$3,530

$3,584-1.5%

$4,904-28.0%

$4,645-24.0%

TIAA-CREF RETIREMENT PLAN FOR ALL EMPLOYEES OF AMERICAN INSTITUTE OF BIOLOGICAL SCIENCES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TIAA-CREF RETIREMENT PLAN FOR ALL EMPLOYEES OF AMERICAN INSTITUTE OF BIOLOGICAL SCIENCES, INC.

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