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 (2018) 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 2018

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$4M

+7.0% from 2017

Total participants

254

+4.1% from 2017

Average account balance

$16,578

+0.4% from 2017

Annual return

6.47%

-4.16 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
SUNTRUST BANKS, INC.3+ years Filed as: BBANDT Service code 21 · EIN 56-1368984	Bank Trustee	$32,602

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$33K

$138 / participant

Investment mgmt$1840.6%
Other / not subdivided$33K99.4%

% of EOY assets

0.821%

all-in expense ratio

Categories reported

1 / 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

$16,578

$44,873-63.1%

$79,467-79.1%

$56,289-70.5%

Participation rate

94.5%

68.7%+25.8pp

73.3%+21.2pp

69.9%+24.7pp

Annual return

6.47%

0.81%+5.7pp

718.30%-711.8pp

-9.96%+16.4pp

Employer contribution / active EE

$869

$2,140-59.4%

$2,800-69.0%

$2,111-58.8%

Participant deferral / active EE

$1,232

$2,746-55.1%

$3,704-66.7%

$3,350-63.2%

Admin fee / account holder

$136

$418-67.5%

$5,104-97.3%

$521-73.9%

Provider

Service type

Compensation

SUNTRUST BANKS, INC.3+ years

Filed as: BBANDT

Service code 21 · EIN 56-1368984

Bank Trustee

$32,602

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