Retirement plan

403(B) THRIFT PLAN OF ATLANTA AREA COUNCIL, INC. , BOY SCOUTS OF AMERICA

Name: ATLANTA AREA COUNCIL, INC., BOY SCOUTS OF AMERICA - 403(B) THRIFT PLAN OF ATLANTA AREA COUNCIL, INC. , BOY SCOUTS OF AMERICA (2016) Form 5500
Creator: ATLANTA AREA COUNCIL, INC., BOY SCOUTS OF AMERICA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF ATLANTA AREA COUNCIL, INC. , BOY SCOUTS OF AMERICA, ATLANTA AREA COUNCIL, INC., BOY SCOUTS OF AMERICA

ATLANTA AREA COUNCIL, INC., BOY SCOUTS OF AMERICAEIN 58-0566122Plan #004PY 2016

1800 CIRCLE 75 PKWY SE - ATLANTA, GA 30339770-989-8820LinkedIn1-10 employeeshospital & health care

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$3.8M

+19.8% from 2015

Total participants

108

+10.2% from 2015

Average account balance

$35,128

+7.6% from 2015

Annual return

12.09%

+11.68 pp from 2015

Benchmarks

See 7,815 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort7,815 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.46M

Not enough data

1 years with asset history on file

Average account balance

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

$85K

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.

266.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3353

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 codes2F2G2L2S3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$122K

$1382 / participant

Other / not subdivided$122K100.0%

% of EOY assets

3.207%

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

$35,128

$48,078-26.9%

$78,676-55.4%

$62,881-44.1%

Participation rate

100.0%

65.2%+34.8pp

73.6%+26.4pp

69.3%+30.7pp

Annual return

12.09%

31.36%-19.3pp

62.19%-50.1pp

20.14%-8.1pp

Employer contribution / active EE

$1,346

$2,015-33.2%

$2,850-52.8%

$2,281-41.0%

Participant deferral / active EE

$2,810

$2,587+8.6%

$3,517-20.1%

$3,203-12.3%

Admin fee / account holder

$1,126

$3,206-64.9%

$4,510-75.0%

$4,296-73.8%

403(B) THRIFT PLAN OF ATLANTA AREA COUNCIL, INC. , BOY SCOUTS OF AMERICA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF ATLANTA AREA COUNCIL, INC. , BOY SCOUTS OF AMERICA

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