Retirement plan

TAX DEFERRED ANNUITY PLAN OF MONTGOMERY AREA FOOD BANK, INC.

Name: MONTGOMERY AREA FOOD BANK, INC. - TAX DEFERRED ANNUITY PLAN OF MONTGOMERY AREA FOOD BANK, INC. (2015) Form 5500
Creator: MONTGOMERY AREA FOOD BANK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAX DEFERRED ANNUITY PLAN OF MONTGOMERY AREA FOOD BANK, INC., MONTGOMERY AREA FOOD BANK, INC.

MONTGOMERY AREA FOOD BANK, INC.EIN 63-0931846Plan #001PY 2015

521 TRADE CENTER ST - MONTGOMERY, AL 36108334-263-3784montgomeryareafoodbank.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$703K

No prior year

Total participants

No prior year

Average account balance

$46,837

No prior year

Annual return

1.89%

No prior year

Benchmarks

See 102,329 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort102,329 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$437K

Not enough data

1 years with asset history on file

Average account balance

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

$9K

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.

121.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$117K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+6.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1085

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 codes2L

Plan features

2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$342 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.487%

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

$46,837

$168,636-72.2%

$147,617-68.3%

$125,393-62.6%

Participation rate

100.0%

88.8%+11.2pp

84.6%+15.4pp

83.2%+16.8pp

Annual return

1.89%

77.65%-75.8pp

61.98%-60.1pp

282.23%-280.3pp

Employer contribution / active EE

$6,252-100.0%

$5,565-100.0%

$4,866-100.0%

Participant deferral / active EE

$4,688

$5,507-14.9%

$4,895-4.2%

$5,351-12.4%

Admin fee / account holder

$228

$13,580-98.3%

$11,611-98.0%

$9,541-97.6%

TAX DEFERRED ANNUITY PLAN OF MONTGOMERY AREA FOOD BANK, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAX DEFERRED ANNUITY PLAN OF MONTGOMERY AREA FOOD BANK, 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