Retirement plan

NATIONAL BLACK WOMEN'S HEALTH PROJECT 403(B) DC PLAN

Name: NATIONAL BLACK WOMEN'S HEALTH PROJECT, INC. - NATIONAL BLACK WOMEN'S HEALTH PROJECT 403(B) DC PLAN (2018) Form 5500
Creator: NATIONAL BLACK WOMEN'S HEALTH PROJECT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL BLACK WOMEN'S HEALTH PROJECT 403(B) DC PLAN, NATIONAL BLACK WOMEN'S HEALTH PROJECT, INC.

NATIONAL BLACK WOMEN'S HEALTH PROJECT, INC.EIN 58-1557556Plan #001PY 2018

384 NORTHYARDS BLVD NW STE 100 - ATLANTA, GA 303132441202-548-4000

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$207K

-6.5% from 2017

Total participants

-17.6% from 2017

Average account balance

$18,838

-6.5% from 2017

Annual return

-3.62%

-15.27 pp from 2017

Benchmarks

See 5,839 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,839 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$473K

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

81.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$89K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+9.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$825

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 codes2E2F2G2J2L2M3D

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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$21K

$3476 / participant

Other / not subdivided$21K100.0%

% of EOY assets

10.066%

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

$18,838

$69,518-72.9%

$59,887-68.5%

$135,379-86.1%

Participation rate

50.0%

77.8%-27.8pp

74.7%-24.7pp

82.6%-32.6pp

Annual return

-3.62%

7.95%-11.6pp

3.46%-7.1pp

519.79%-523.4pp

Employer contribution / active EE

$1,500

$3,235-53.6%

$2,722-44.9%

$4,779-68.6%

Participant deferral / active EE

$932

$4,204-77.8%

$3,402-72.6%

$5,609-83.4%

Admin fee / account holder

$1,896

$5,734-66.9%

$3,591-47.2%

$10,828-82.5%

NATIONAL BLACK WOMEN'S HEALTH PROJECT 403(B) DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL BLACK WOMEN'S HEALTH PROJECT 403(B) DC 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