Retirement plan

THE HOUSING AUTHORITY FOR THE CITIES OF NB/D/CLARKSVILLE/PITTSBURGH AVERY MP PLAN & TRUST

Name: NEW BOSTON PROPERTY MANAGEMENT - THE HOUSING AUTHORITY FOR THE CITIES OF NB/D/CLARKSVILLE/PITTSBURGH AVERY MP PLAN & TRUST (2020) Form 5500
Creator: NEW BOSTON PROPERTY MANAGEMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HOUSING AUTHORITY FOR THE CITIES OF NB/D/CLARKSVILLE/PITTSBURGH AVERY MP PLAN & TRUST, NEW BOSTON PROPERTY MANAGEMENT

NEW BOSTON PROPERTY MANAGEMENTEIN 75-6001820Plan #001PY 2020

PO BOX 806 - NEW BOSTON, TX 755700806903-628-2951nbhapm.orgLinkedIn11-50 employees

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+4.6% from 2019

Total participants

+4.3% from 2019

Average account balance

$90,433

-5.3% from 2019

Annual return

4.70%

-3.53 pp from 2019

Benchmarks

See 16,003 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants<25

Cohort16,003 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.02M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

88.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$158K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+7.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1895

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 codes2C2F2G2T3D3H

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$122K

$5829 / participant

Other / not subdivided$122K100.0%

% of EOY assets

6.446%

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

$90,433

$228,352-60.4%

$185,835-51.3%

$158,966-43.1%

Participation rate

85.7%

82.3%+3.4pp

78.0%+7.7pp

82.0%+3.8pp

Annual return

4.70%

40.81%-36.1pp

35.96%-31.3pp

302.95%-298.3pp

Employer contribution / active EE

$3,118

$4,967-37.2%

$4,087-23.7%

$4,762-34.5%

Participant deferral / active EE

$2,582

$6,416-59.8%

$5,633-54.2%

$5,983-56.9%

Admin fee / account holder

$5,829

$11,867-50.9%

$9,502-38.7%

$11,250-48.2%

THE HOUSING AUTHORITY FOR THE CITIES OF NB/D/CLARKSVILLE/PITTSBURGH AVERY MP PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HOUSING AUTHORITY FOR THE CITIES OF NB/D/CLARKSVILLE/PITTSBURGH AVERY MP 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