Retirement plan

A-SPAN 403(B) PLAN

Name: A-SPAN (ARLINGTON STREET PEOPLES ASSISTANCE NETWORK, INC.) - A-SPAN 403(B) PLAN (2019) Form 5500
Creator: A-SPAN (ARLINGTON STREET PEOPLES ASSISTANCE NETWORK, INC.)
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, A-SPAN 403(B) PLAN, A-SPAN (ARLINGTON STREET PEOPLES ASSISTANCE NETWORK, INC.)

A-SPAN (ARLINGTON STREET PEOPLES ASSISTANCE NETWORK, INC.)EIN 54-1615993Plan #001PY 2019

2020 A 14TH STREET NORTH - ARLINGTON, VA 22201703-228-7804

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.4M

+35.5% from 2018

Total participants

+5.8% from 2018

Average account balance

$28,545

+0.2% from 2018

Annual return

25.85%

+33.71 pp from 2018

Benchmarks

See 18,452 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,452 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.33M

Not enough data

1 years with asset history on file

Average account balance

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

$69K

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.

137.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$240K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2096

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 codes2F2G2L2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

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

$81K

$2191 / participant

Other / not subdivided$81K100.0%

% of EOY assets

5.679%

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

$28,545

$85,169-66.5%

$172,755-83.5%

$72,983-60.9%

Participation rate

86.5%

70.1%+16.4pp

82.6%+3.8pp

69.5%+17.0pp

Annual return

25.85%

27.32%-1.5pp

802.94%-777.1pp

81.01%-55.2pp

Employer contribution / active EE

$1,426

$3,324-57.1%

$5,144-72.3%

$2,440-41.6%

Participant deferral / active EE

$3,354

$3,260+2.9%

$5,198-35.5%

$3,608-7.0%

Admin fee / account holder

$1,621

$5,880-72.4%

$13,955-88.4%

$5,124-68.4%

A-SPAN 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

A-SPAN 403(B) 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