Retirement plan

403 (B) THRIFT PLAN OF WINGS FOR KIDS

Name: WINGS FOR KIDS - 403 (B) THRIFT PLAN OF WINGS FOR KIDS (2020) Form 5500
Creator: WINGS FOR KIDS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403 (B) THRIFT PLAN OF WINGS FOR KIDS, WINGS FOR KIDS

WINGS FOR KIDSEIN 57-1055054Plan #001PY 2020

476 MEETING STREET, STE E - CHARLESTON, SC 294034841843-513-5997wingsforkids.orgLinkedIn51-200 employeeshigher education

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$743K

+17.2% from 2019

Total participants

-5.3% from 2019

Average account balance

$43,706

+30.9% from 2019

Annual return

4.24%

+1.40 pp from 2019

Benchmarks

See 6,199 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,199 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.59M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

56.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$127K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+13.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15561

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 codes2J2L2M

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.

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

$979

$82 / participant

Other / not subdivided$979100.0%

% of EOY assets

0.132%

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

$43,706

$81,643-46.5%

$70,462-38.0%

$158,950-72.5%

Participation rate

91.7%

77.7%+13.9pp

75.1%+16.6pp

82.0%+9.7pp

Annual return

4.24%

208.51%-204.3pp

109.08%-104.8pp

302.91%-298.7pp

Employer contribution / active EE

$2,099

$3,218-34.8%

$2,737-23.3%

$4,762-55.9%

Participant deferral / active EE

$4,730

$4,555+3.9%

$3,710+27.5%

$5,983-20.9%

Admin fee / account holder

$58

$6,194-99.1%

$3,845-98.5%

$11,248-99.5%

403 (B) THRIFT PLAN OF WINGS FOR KIDS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403 (B) THRIFT PLAN OF WINGS FOR KIDS

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