Retirement plan

ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER 401(K) PLAN

Name: ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER, INC. - ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER 401(K) PLAN (2020) Form 5500
Creator: ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER 401(K) PLAN, ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER, INC.

ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER, INC.EIN 75-1476246Plan #001PY 2020

5323 HARRY HINES BLVD. - DALLAS, TX 753909097214-648-2653

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$137K

+22.1% from 2019

Total participants

-46.2% from 2019

Average account balance

$137,156

+22.1% from 2019

Annual return

10.99%

+10.99 pp from 2019

Benchmarks

See 8,282 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants<25

Cohort8,282 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$226K

Not enough data

1 years with asset history on file

Average account balance

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

$226K

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.

3.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$53

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

+14.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$235

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$137,156

$108,212+26.7%

$77,513+76.9%

$158,966-13.7%

Participation rate

7.1%

64.4%-57.3pp

54.2%-47.0pp

82.0%-74.8pp

Annual return

10.99%

31.67%-20.7pp

54.81%-43.8pp

302.95%-292.0pp

Employer contribution / active EE

$1,325-100.0%

$987-100.0%

$4,762-100.0%

Participant deferral / active EE

$894

$2,455-63.6%

$1,861-52.0%

$5,983-85.1%

Admin fee / account holder

$3,709-100.0%

$2,859-100.0%

$11,250-100.0%

ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ALFRED WILLIAM HARRIS FACULTY ALUMNI CENTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion