Retirement plan

PRESERVATION ALLIANCE OF NEW O 401(K) PROFIT SHARING PLAN & TRUST

Name: PRESERVATION ALLIANCE OF NEW O - PRESERVATION ALLIANCE OF NEW O 401(K) PROFIT SHARING PLAN & TRUST (2022) Form 5500
Creator: PRESERVATION ALLIANCE OF NEW O
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRESERVATION ALLIANCE OF NEW O 401(K) PROFIT SHARING PLAN & TRUST, PRESERVATION ALLIANCE OF NEW O

PRESERVATION ALLIANCE OF NEW OEIN 72-0760857Plan #001PY 2022

923 TCHOUPITOULAS ST - NEW ORLEANS, LA 70130504-581-7032preservinglafayette.orgLinkedIn1-10 employeesmuseums and institutions

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$283K

-17.3% from 2021

Total participants

-22.2% from 2021

Average account balance

$16,667

+2.1% from 2021

Annual return

-22.00%

-46.34 pp from 2021

Benchmarks

See 10,386 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort10,386 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$666K

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

93.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$71K

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

+13.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9464

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 codes2E2F2G2J2T3D

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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$61K

$4089 / participant

Other / not subdivided$61K100.0%

% of EOY assets

21.645%

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

$16,667

$99,647-83.3%

$86,439-80.7%

$134,509-87.6%

Participation rate

73.3%

82.1%-8.7pp

80.3%-7.0pp

81.2%-7.9pp

Annual return

-22.00%

6784.13%-6806.1pp

4395.55%-4417.6pp

418.13%-440.1pp

Employer contribution / active EE

$792

$4,401-82.0%

$3,769-79.0%

$4,741-83.3%

Participant deferral / active EE

$4,188

$7,246-42.2%

$6,952-39.8%

$6,400-34.6%

Admin fee / account holder

$3,608

$8,373-56.9%

$6,732-46.4%

$11,427-68.4%

PRESERVATION ALLIANCE OF NEW O 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRESERVATION ALLIANCE OF NEW O 401(K) PROFIT SHARING PLAN & 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