Retirement plan

BOYS & GIRLS CLUBS OF LAKELAND, INC. PENSION PLAN

Name: BOYS & GIRLS CLUBS OF LAKELAND, INC . - BOYS & GIRLS CLUBS OF LAKELAND, INC. PENSION PLAN (2015) Form 5500
Creator: BOYS & GIRLS CLUBS OF LAKELAND, INC .
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOYS & GIRLS CLUBS OF LAKELAND, INC. PENSION PLAN, BOYS & GIRLS CLUBS OF LAKELAND, INC .

BOYS & GIRLS CLUBS OF LAKELAND, INC .EIN 59-0171815Plan #001PY 2015

1525 MARTIN L KING JR AVE - LAKELAND, FL 33802863-686-1719bgcpolk.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$414K

No prior year

Total participants

No prior year

Average account balance

$24,365

No prior year

Annual return

-2.37%

No prior year

Benchmarks

See 26,344 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort26,344 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.29M

Not enough data

1 years with asset history on file

Average account balance

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

$38K

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.

45.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$152K

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

+10.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2029

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 codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$143

$10 / participant

Other / not subdivided$143100.0%

% of EOY assets

0.035%

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

$24,365

$84,694-71.2%

$73,843-67.0%

$125,392-80.6%

Participation rate

71.4%

76.8%-5.3pp

73.4%-2.0pp

83.2%-11.8pp

Annual return

-2.37%

3123.66%-3126.0pp

2267.91%-2270.3pp

282.23%-284.6pp

Employer contribution / active EE

$2,633

$3,123-15.7%

$2,787-5.5%

$4,866-45.9%

Participant deferral / active EE

$3,992-100.0%

$3,583-100.0%

$5,351-100.0%

Admin fee / account holder

$5,691-99.9%

$4,880-99.8%

$9,541-99.9%

BOYS & GIRLS CLUBS OF LAKELAND, INC. PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOYS & GIRLS CLUBS OF LAKELAND, INC. PENSION 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