Retirement plan

RELIGIOUS FREEDOM INSTITUTE 401(K) PLAN

Name: RELIGIOUS FREEDOM INSTITUTE, INC. - RELIGIOUS FREEDOM INSTITUTE 401(K) PLAN (2018) Form 5500
Creator: RELIGIOUS FREEDOM INSTITUTE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RELIGIOUS FREEDOM INSTITUTE 401(K) PLAN, RELIGIOUS FREEDOM INSTITUTE, INC.

RELIGIOUS FREEDOM INSTITUTE, INC.EIN 81-0983298Plan #001PY 2018

316 PENNSYLVANIA AVE SE, STE 501 - WASHINGTON, DC 20003202-838-7734religiousfreedominstitute.orgLinkedIn11-50 employeesthink tanks

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$132K

+156.1% from 2017

Total participants

+100.0% from 2017

Average account balance

$14,645

+42.3% from 2017

Annual return

-18.11%

-18.11 pp from 2017

Benchmarks

See 33,726 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,726 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$661K

Not enough data

1 years with asset history on file

Average account balance

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

$22K

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.

428.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$115K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+11.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8234

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 codes2E2J2F2G3D

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 returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$437

$55 / participant

Other / not subdivided$437100.0%

% of EOY assets

0.332%

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

$14,645

$90,607-83.8%

$79,467-81.6%

$135,380-89.2%

Participation rate

87.5%

76.0%+11.5pp

73.3%+14.2pp

82.6%+4.9pp

Annual return

-18.11%

977.74%-995.8pp

718.30%-736.4pp

519.81%-537.9pp

Employer contribution / active EE

$3,016

$3,068-1.7%

$2,800+7.7%

$4,779-36.9%

Participant deferral / active EE

$8,192

$4,050+102.3%

$3,704+121.2%

$5,609+46.1%

Admin fee / account holder

$49

$5,895-99.2%

$5,104-99.0%

$10,828-99.6%

RELIGIOUS FREEDOM INSTITUTE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RELIGIOUS FREEDOM INSTITUTE 401(K) 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