Retirement plan

THE MAUREEN AND MIKE MANSFIELD FOUNDATION RETIREMENT PLAN

Name: THE MAUREEN AND MIKE MANSFIELD FOUNDATION - THE MAUREEN AND MIKE MANSFIELD FOUNDATION RETIREMENT PLAN (2024) Form 5500
Creator: THE MAUREEN AND MIKE MANSFIELD FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MAUREEN AND MIKE MANSFIELD FOUNDATION RETIREMENT PLAN, THE MAUREEN AND MIKE MANSFIELD FOUNDATION

THE MAUREEN AND MIKE MANSFIELD FOUNDATIONEIN 81-0411708Plan #001PY 2024

32 CAMPUS DRIVE, MANSFIELD LIBRARY - MISSOULA, MA 59812202-347-1994

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+11.5% from 2023

Total participants

+5.3% from 2023

Average account balance

$93,881

+24.6% from 2023

Annual return

20.11%

+2.84 pp from 2023

Benchmarks

See 49,949 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort49,949 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.60M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

154.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$110K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+20.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13713

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 codes2F2G2L2T

Plan features

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$233K

$21192 / participant

Other / not subdivided$233K100.0%

% of EOY assets

14.607%

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

$93,881

$88,754+5.8%

$81,820+14.7%

$145,877-35.6%

Participation rate

72.7%

75.1%-2.4pp

72.4%+0.3pp

80.3%-7.6pp

Annual return

20.11%

1031.77%-1011.7pp

777.93%-757.8pp

551.28%-531.2pp

Employer contribution / active EE

$5,866

$3,085+90.1%

$2,915+101.2%

$4,663+25.8%

Participant deferral / active EE

$4,091

$4,648-12.0%

$4,323-5.4%

$6,691-38.9%

Admin fee / account holder

$13,713

$8,424+62.8%

$7,391+85.5%

$13,402+2.3%

THE MAUREEN AND MIKE MANSFIELD FOUNDATION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MAUREEN AND MIKE MANSFIELD FOUNDATION RETIREMENT 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