Retirement plan

DELRAY BEACH PUBLIC LIBRARY ASSOCIATION, INC. 403(B) PLAN

Name: DELRAY BEACH PUBLIC LIBRARY ASSOCIATION, INC. - DELRAY BEACH PUBLIC LIBRARY ASSOCIATION, INC. 403(B) PLAN (2025) Form 5500
Creator: DELRAY BEACH PUBLIC LIBRARY ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DELRAY BEACH PUBLIC LIBRARY ASSOCIATION, INC. 403(B) PLAN, DELRAY BEACH PUBLIC LIBRARY ASSOCIATION, INC.

DELRAY BEACH PUBLIC LIBRARY ASSOCIATION, INC.EIN 59-0217683Plan #001PY 2025

100 WEST ATLANTIC AVENUE - DELRAY BEACH, FL 33444561-266-9488delraylibrary.orgLinkedIn11-50 employeeslibraries

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2.6M

+13.8% from 2024

Total participants

-12.9% from 2024

Average account balance

$100,442

+35.7% from 2024

Annual return

13.49%

-14.67 pp from 2024

Benchmarks

See 6,844 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort6,844 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.61M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

152.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$94K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3384

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 codes2E2F2G2J2L2T3D

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$88K

$5176 / participant

Other / not subdivided$88K100.0%

% of EOY assets

3.369%

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

$100,442

$107,666-6.7%

$102,184-1.7%

$154,746-35.1%

Participation rate

94.1%

83.7%+10.4pp

82.6%+11.5pp

80.7%+13.4pp

Annual return

13.49%

29.33%-15.8pp

31.58%-18.1pp

172.34%-158.8pp

Employer contribution / active EE

$4,058

$3,846+5.5%

$3,594+12.9%

$4,379-7.3%

Participant deferral / active EE

$1,451

$8,719-83.4%

$8,309-82.5%

$6,730-78.4%

Admin fee / account holder

$3,384

$12,943-73.9%

$11,609-70.8%

$14,365-76.4%

DELRAY BEACH PUBLIC LIBRARY ASSOCIATION, INC. 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DELRAY BEACH PUBLIC LIBRARY ASSOCIATION, INC. 403(B) 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