Retirement plan

OPEN PHILANTHROPY PROJECT LLC 401(K) PLAN

Name: OPEN PHILANTHROPY PROJECT LLC - OPEN PHILANTHROPY PROJECT LLC 401(K) PLAN (2019) Form 5500
Creator: OPEN PHILANTHROPY PROJECT LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OPEN PHILANTHROPY PROJECT LLC 401(K) PLAN, OPEN PHILANTHROPY PROJECT LLC

OPEN PHILANTHROPY PROJECT LLCEIN 81-0754525Plan #001PY 2019

182 HOWARD STREET, #225 - SAN FRANCISCO, CA 94105415-504-1532

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+257.5% from 2018

Total participants

+53.6% from 2018

Average account balance

$38,602

+112.8% from 2018

Annual return

43.33%

+35.28 pp from 2018

Benchmarks

See 8,599 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,599 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.66M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

145

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.

136.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+19.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1580

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 codes2E2J2F2G3D2T

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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$38,602

$54,757-29.5%

$90,304-57.3%

$72,975-47.1%

Participation rate

97.5%

65.2%+32.3pp

73.3%+24.2pp

69.5%+28.0pp

Annual return

43.33%

30.63%+12.7pp

78.13%-34.8pp

81.01%-37.7pp

Employer contribution / active EE

$13,903

$2,093+564.2%

$2,855+387.0%

$2,440+469.8%

Participant deferral / active EE

$10,379

$2,887+259.5%

$3,885+167.1%

$3,608+187.7%

Admin fee / account holder

$3,973-100.0%

$5,354-100.0%

$5,124-100.0%

OPEN PHILANTHROPY PROJECT LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

OPEN PHILANTHROPY PROJECT LLC 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