Retirement plan

EMPLOYEES' PS PLAN AND TRUST AGREEMENT OF INDUSTRIES OF THE BLIND, INC

Name: INDUSTRIES OF THE BLIND, INC. - EMPLOYEES' PS PLAN AND TRUST AGREEMENT OF INDUSTRIES OF THE BLIND, INC (2017) Form 5500
Creator: INDUSTRIES OF THE BLIND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEES' PS PLAN AND TRUST AGREEMENT OF INDUSTRIES OF THE BLIND, INC, INDUSTRIES OF THE BLIND, INC.

INDUSTRIES OF THE BLIND, INC.EIN 56-0532308Plan #002PY 2017

920 W. GATE CITY BLVD - GREENSBORO, NC 27403336-274-1591industriesoftheblind.comLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$3.7M

+6.7% from 2016

Total participants

244

+1.2% from 2016

Average account balance

$16,517

+4.8% from 2016

Annual return

10.63%

+2.60 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.41M

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

270

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.

95.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$794K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+21.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$121

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 1 by compensation

Provider	Service type	Compensation
SUNTRUST BANKS, INC.2+ years Filed as: BBANDT Service code 21 · EIN 56-1368984	Bank Trustee	$31,020

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$31K

$140 / participant

Other / not subdivided$31K100.0%

% of EOY assets

0.831%

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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,517

$50,637-67.4%

$86,582-80.9%

$62,293-73.5%

Participation rate

91.9%

67.9%+24.0pp

73.5%+18.3pp

69.5%+22.4pp

Annual return

10.63%

20.80%-10.2pp

965.08%-954.5pp

28.90%-18.3pp

Employer contribution / active EE

$923

$2,075-55.5%

$2,839-67.5%

$2,042-54.8%

Participant deferral / active EE

$1,284

$2,611-50.8%

$3,609-64.4%

$3,169-59.5%

Admin fee / account holder

$137

$413-66.8%

$4,904-97.2%

$479-71.4%

Provider

Service type

Compensation

SUNTRUST BANKS, INC.2+ years

Filed as: BBANDT

Service code 21 · EIN 56-1368984

Bank Trustee

$31,020

EMPLOYEES' PS PLAN AND TRUST AGREEMENT OF INDUSTRIES OF THE BLIND, INC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEES' PS PLAN AND TRUST AGREEMENT OF INDUSTRIES OF THE BLIND, 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