Retirement plan

LOUISIANA FEDERATION OF TEACHERS AFT AFL-CIO 401(K) PLAN AND TRUST

Name: LOUISIANA FEDERATION OF TEACHERS AFT 401 - LOUISIANA FEDERATION OF TEACHERS AFT AFL-CIO 401(K) PLAN AND TRUST (2018) Form 5500
Creator: LOUISIANA FEDERATION OF TEACHERS AFT 401
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOUISIANA FEDERATION OF TEACHERS AFT AFL-CIO 401(K) PLAN AND TRUST, LOUISIANA FEDERATION OF TEACHERS AFT 401

LOUISIANA FEDERATION OF TEACHERS AFT 401EIN 72-0627808Plan #001PY 2018

9623 BROOKLINE AVENUE - BATON ROUGE, LA 708091433225-923-1037

Other plans on this EIN

1 filing

#002Retirement-$1.5M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$562K

-26.0% from 2017

Total participants

+13.3% from 2017

Average account balance

$35,134

No prior year

Annual return

-10.86%

-25.11 pp from 2017

Benchmarks

See 33,727 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,727 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$937K

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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

$82K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3106

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 codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$186K

$18607 / participant

Other / not subdivided$186K100.0%

% of EOY assets

33.101%

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

$35,134

$90,606-61.2%

$79,466-55.8%

$135,379-74.0%

Participation rate

90.0%

76.0%+14.0pp

73.3%+16.7pp

82.6%+7.4pp

Annual return

-10.86%

977.69%-988.5pp

718.28%-729.1pp

519.79%-530.6pp

Employer contribution / active EE

$3,068-100.0%

$2,800-100.0%

$4,779-100.0%

Participant deferral / active EE

$7,114

$4,050+75.6%

$3,704+92.1%

$5,609+26.8%

Admin fee / account holder

$11,629

$5,895+97.3%

$5,104+127.8%

$10,828+7.4%

LOUISIANA FEDERATION OF TEACHERS AFT AFL-CIO 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOUISIANA FEDERATION OF TEACHERS AFT AFL-CIO 401(K) PLAN AND TRUST

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