Retirement plan

EMPLOYEE BENEFIT PLAN OF GIRL SCOUTS OF GREATER MISSISSIPPI, INC.

Name: GIRL SCOUTS OF GREATER MISSISSIPPI, INC. - EMPLOYEE BENEFIT PLAN OF GIRL SCOUTS OF GREATER MISSISSIPPI, INC. (2021) Form 5500
Creator: GIRL SCOUTS OF GREATER MISSISSIPPI, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF GIRL SCOUTS OF GREATER MISSISSIPPI, INC., GIRL SCOUTS OF GREATER MISSISSIPPI, INC.

GIRL SCOUTS OF GREATER MISSISSIPPI, INC.EIN 64-0384222Plan #003PY 2021

1471 W COUNTY LINE RD - JACKSON, MS 392137842601-366-0607gsgms.orgLinkedIn11-50 employeescivic & social organization

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$539K

+38.7% from 2020

Total participants

+10.0% from 2020

Average account balance

$18,584

+43.4% from 2020

Annual return

27.06%

+20.21 pp from 2020

Benchmarks

See 37,602 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort37,602 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$731K

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

62.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$56K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$429

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 codes2F2G2T3D

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.
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

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

$12K

$648 / participant

Other / not subdivided$12K100.0%

% of EOY assets

2.284%

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

$18,584

$109,905-83.1%

$98,506-81.1%

$167,553-88.9%

Participation rate

78.9%

75.8%+3.1pp

73.3%+5.6pp

82.1%-3.2pp

Annual return

27.06%

1960.20%-1933.1pp

1494.92%-1467.9pp

478.89%-451.8pp

Employer contribution / active EE

$703

$3,226-78.2%

$2,961-76.3%

$4,840-85.5%

Participant deferral / active EE

$2,299

$4,674-50.8%

$4,277-46.3%

$6,343-63.8%

Admin fee / account holder

$425

$6,760-93.7%

$5,955-92.9%

$12,316-96.6%

EMPLOYEE BENEFIT PLAN OF GIRL SCOUTS OF GREATER MISSISSIPPI, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF GIRL SCOUTS OF GREATER MISSISSIPPI, 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