Retirement plan

403 (B) THRIFT PLAN FOR EMPLOYEES OF REBUILDING TOGETHER SACRAMENTO

Name: REBUILDING TOGETHER SACRAMENTO - 403 (B) THRIFT PLAN FOR EMPLOYEES OF REBUILDING TOGETHER SACRAMENTO (2023) Form 5500
Creator: REBUILDING TOGETHER SACRAMENTO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403 (B) THRIFT PLAN FOR EMPLOYEES OF REBUILDING TOGETHER SACRAMENTO, REBUILDING TOGETHER SACRAMENTO

REBUILDING TOGETHER SACRAMENTOEIN 68-0246355Plan #003PY 2023

PO BOX 255584 - SACRAMENTO, CA 958655584530-368-5009rebuildingtogethersacramento.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$59K

-15.6% from 2022

Total participants

+12.5% from 2022

Average account balance

$7,429

No prior year

Annual return

12.07%

+12.07 pp from 2022

Benchmarks

See 51,594 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,594 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$105K

Not enough data

1 years with asset history on file

Average account balance

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

$10K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$45K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$825

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 codes2G3D2J2E2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$50K

$5570 / participant

Other / not subdivided$50K100.0%

% of EOY assets

84.350%

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

$7,429

$106,267-93.0%

$96,520-92.3%

$139,456-94.7%

Participation rate

88.9%

77.8%+11.0pp

74.3%+14.5pp

80.3%+8.6pp

Annual return

12.07%

38.45%-26.4pp

35.72%-23.7pp

373.45%-361.4pp

Employer contribution / active EE

$1,483

$4,105-63.9%

$3,739-60.3%

$4,753-68.8%

Participant deferral / active EE

$1,923

$5,454-64.7%

$4,879-60.6%

$6,711-71.3%

Admin fee / account holder

$6,267

$7,882-20.5%

$6,733-6.9%

$11,407-45.1%

403 (B) THRIFT PLAN FOR EMPLOYEES OF REBUILDING TOGETHER SACRAMENTO

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403 (B) THRIFT PLAN FOR EMPLOYEES OF REBUILDING TOGETHER SACRAMENTO

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