Retirement plan

NORTH RIVER FIRE DISTRICT MONEY PURCHASE PENSION PLAN

Name: NORTH RIVER FIRE DISTRICT - NORTH RIVER FIRE DISTRICT MONEY PURCHASE PENSION PLAN (2024) Form 5500
Creator: NORTH RIVER FIRE DISTRICT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH RIVER FIRE DISTRICT MONEY PURCHASE PENSION PLAN, NORTH RIVER FIRE DISTRICT

NORTH RIVER FIRE DISTRICTEIN 59-1035888Plan #002PY 2024

1225 14TH AVENUE WEST - PALMETTO, FL 34221941-721-6700nrfd.orgLinkedIn11-50 employeespublic safety

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$1.3M

+41.8% from 2023

Total participants

+40.0% from 2023

Average account balance

$179,097

+1.3% from 2023

Annual return

29.06%

+10.42 pp from 2023

Benchmarks

See 478 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants<25

Cohort478 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.25M

Not enough data

1 years with asset history on file

Average account balance

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

$179K

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.

116.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$113K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+29.06%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2C3D2F2G

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$179,097

$85,196+110.2%

$76,383+134.5%

$145,897+22.8%

Participation rate

100.0%

82.9%+17.1pp

79.3%+20.7pp

80.3%+19.7pp

Annual return

29.06%

13.13%+15.9pp

13.79%+15.3pp

552.29%-523.2pp

Employer contribution / active EE

$18,813

$5,268+257.1%

$4,587+310.2%

$4,663+303.5%

Participant deferral / active EE

$6,386-100.0%

$5,474-100.0%

$6,689-100.0%

Admin fee / account holder

$5,786-100.0%

$5,147-100.0%

$13,390-100.0%

NORTH RIVER FIRE DISTRICT MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

NORTH RIVER FIRE DISTRICT MONEY PURCHASE PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion