Retirement plan

403(B) THRIFT PLAN OF BIG BROTHERS/BIG SISTERS OF THE SUN COAST, INC.

Name: BIG BROTHERS/BIG SISTERS OF THE SUN COAST, INC. - 403(B) THRIFT PLAN OF BIG BROTHERS/BIG SISTERS OF THE SUN COAST, INC. (2021) Form 5500
Creator: BIG BROTHERS/BIG SISTERS OF THE SUN COAST, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF BIG BROTHERS/BIG SISTERS OF THE SUN COAST, INC., BIG BROTHERS/BIG SISTERS OF THE SUN COAST, INC.

BIG BROTHERS/BIG SISTERS OF THE SUN COAST, INC.EIN 59-1361826Plan #001PY 2021

1000 TAMIAMI TRL S STE C - VENICE, FL 342854122941-488-4009bbbssun.orgLinkedIn11-50 employeesindividual & family services

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$536K

+34.6% from 2020

Total participants

+32.1% from 2020

Average account balance

$18,500

+11.4% from 2020

Annual return

13.00%

-1.62 pp from 2020

Benchmarks

See 18,809 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,809 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$910K

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

107.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$192K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$773

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 codes2F2G2T

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$20K

$695 / participant

Other / not subdivided$20K100.0%

% of EOY assets

3.757%

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

$18,500

$95,383-80.6%

$185,837-90.0%

$85,856-78.5%

Participation rate

72.4%

68.8%+3.6pp

81.7%-9.3pp

69.3%+3.1pp

Annual return

13.00%

23.59%-10.6pp

122.08%-109.1pp

318.58%-305.6pp

Employer contribution / active EE

$899

$3,313-72.9%

$5,168-82.6%

$2,565-64.9%

Participant deferral / active EE

$2,766

$3,423-19.2%

$5,568-50.3%

$3,952-30.0%

Admin fee / account holder

$695

$7,213-90.4%

$16,241-95.7%

$6,261-88.9%

403(B) THRIFT PLAN OF BIG BROTHERS/BIG SISTERS OF THE SUN COAST, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF BIG BROTHERS/BIG SISTERS OF THE SUN COAST, INC.

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