Retirement plan

MANNED SPACE FLIGHT EDUCATION FOUNDATION 403(B) PLAN

Name: MANNED SPACE FLIGHT EDUCATION FOUNDATION - MANNED SPACE FLIGHT EDUCATION FOUNDATION 403(B) PLAN (2018) Form 5500
Creator: MANNED SPACE FLIGHT EDUCATION FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MANNED SPACE FLIGHT EDUCATION FOUNDATION 403(B) PLAN, MANNED SPACE FLIGHT EDUCATION FOUNDATION

MANNED SPACE FLIGHT EDUCATION FOUNDATIONEIN 76-0217152Plan #001PY 2018

1601 NASA PARKWAY - HOUSTON, TX 77058281-244-2100LinkedIn1-10 employeeshospitality

Prospect flagsLow assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$2.7M

-10.1% from 2017

Total participants

207

-33.7% from 2017

Average account balance

$16,973

-56.5% from 2017

Annual return

-5.03%

-38.72 pp from 2017

Benchmarks

See 1,431 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.62M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

230

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.

45.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$977K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$106

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$3,320
NOVA 401(K) ASSOCIATES1 year Service code 13 · EIN 20-1151458	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2K2L2T3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$5K

$27 / participant

Contract admin$5K100.0%

% of EOY assets

0.186%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: ROBERTSON & ROBERTSON PLLC
Auditor EIN: 261631123
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,973

$55,002-69.1%

$59,899-71.7%

$56,289-69.8%

Participation rate

73.0%

75.9%-2.9pp

74.7%-1.7pp

69.9%+3.1pp

Annual return

-5.03%

1.13%-6.2pp

3.46%-8.5pp

-9.96%+4.9pp

Employer contribution / active EE

$1,005

$2,448-58.9%

$2,723-63.1%

$2,111-52.4%

Participant deferral / active EE

$2,104

$3,121-32.6%

$3,402-38.2%

$3,350-37.2%

Admin fee / account holder

$32

$236-86.6%

$3,592-99.1%

$521-93.9%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$3,320

NOVA 401(K) ASSOCIATES1 year

Service code 13 · EIN 20-1151458

Contract Administrator

MANNED SPACE FLIGHT EDUCATION FOUNDATION 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MANNED SPACE FLIGHT EDUCATION FOUNDATION 403(B) PLAN

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