Retirement plan

THE NEMOURS FOUNDATION SECTION 403(B) PLAN

Name: THE NEMOURS FOUNDATION - THE NEMOURS FOUNDATION SECTION 403(B) PLAN (2021) Form 5500
Creator: THE NEMOURS FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE NEMOURS FOUNDATION SECTION 403(B) PLAN, THE NEMOURS FOUNDATION

THE NEMOURS FOUNDATIONEIN 59-0634433Plan #002PY 2021

10140 CENTURION PARKWAY NORTH - JACKSONVILLE, FL 32256302-651-6170LinkedIn5001-10000 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$740.5M assets

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed July 16, 2013 (most recent of 4 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$1041.9M

-14.9% from 2016

Total participants

13,236

-22.6% from 2016

Average account balance

$78,719

-0.1% from 2016

Annual return

16.28%

-9.43 pp from 2016

Benchmarks

See 226 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants5,000-9,999

Cohort226 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.31B

Not enough data

1 years with asset history on file

Average account balance

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

$80K

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.

16,384

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$124.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$78

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

1 years with F_SCH_H allocation on file

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Service providers

Top 9 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS7+ years Service code 12 · EIN 13-3689044	Sales loads (front end and deferred);...	$1,285,336
VALIC RETIREMENT SERVICES COMPANY7+ years Filed as: VALIC Service code 26 · EIN 74-1625348	Advisory (Participants)	$27,609
NEWPORT GROUP, INC.4 years Filed as: NEWPORT TRUST COMPANY Service code 15 · EIN 23-2640992	Recordkeeping	$20,155
LARSON FINANCIAL GROUP LLC6 years Service code 33 · EIN 20-4773945	Securities brokerage; Securities brok...	$11,901
HILL WARD HENDERSON2 years Service code 29 · EIN 59-2678550	Legal	$9,340
FIDELITY INVESTMENTS INSTITUTIONAL7+ years Filed as: FIDELITY INVESTMENT INSTITUTIONAL Service code 64 · EIN 04-2647786	Recordkeeping Fees	$7,009
MCADAM LLC1 year Service code 33 · EIN 47-1994636	Securities brokerage; Securities brok...	$5,636
CHARLES SCHWAB & CO., INC.7+ years Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$3,233
NATIONAL FINANCIAL SERVICES7+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2L2M2R2T3H2S

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.4M

$174 / participant

Investment mgmt$22K1.6%
Other / not subdivided$1M98.4%

% of EOY assets

0.132%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: KPMG LLP
Auditor EIN: 135565207
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,719

$69,238+13.7%

$185,854-57.6%

$101,555-22.5%

Participation rate

100.0%

73.5%+26.5pp

81.7%+18.3pp

74.5%+25.5pp

Annual return

16.28%

21.26%-5.0pp

122.12%-105.8pp

21.00%-4.7pp

Employer contribution / active EE

$5,797

$2,104+175.5%

$5,169+12.2%

$2,972+95.0%

Participant deferral / active EE

$6,648

$3,764+76.6%

$5,569+19.4%

$4,874+36.4%

Admin fee / account holder

$104

$66+56.2%

$16,246-99.4%

$139-25.7%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS7+ years

Service code 12 · EIN 13-3689044

Sales loads (front end and deferred);...

$1,285,336

VALIC RETIREMENT SERVICES COMPANY7+ years

Filed as: VALIC

Service code 26 · EIN 74-1625348

Advisory (Participants)

$27,609

NEWPORT GROUP, INC.4 years

Filed as: NEWPORT TRUST COMPANY

Service code 15 · EIN 23-2640992

Recordkeeping

$20,155

LARSON FINANCIAL GROUP LLC6 years

Service code 33 · EIN 20-4773945

Securities brokerage; Securities brok...

$11,901

HILL WARD HENDERSON2 years

Service code 29 · EIN 59-2678550

Legal

$9,340

FIDELITY INVESTMENTS INSTITUTIONAL7+ years

Filed as: FIDELITY INVESTMENT INSTITUTIONAL

Service code 64 · EIN 04-2647786

Recordkeeping Fees

$7,009

MCADAM LLC1 year

Service code 33 · EIN 47-1994636

Securities brokerage; Securities brok...

$5,636

CHARLES SCHWAB & CO., INC.7+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$3,233

NATIONAL FINANCIAL SERVICES7+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

THE NEMOURS FOUNDATION SECTION 403(B) PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE NEMOURS FOUNDATION SECTION 403(B) PLAN

Top hat statement on fileNQDC

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