Retirement plan

RESULTS FOR AMERICA, INC.403(B) PLAN

Name: RESULTS FOR AMERICA, INC. - RESULTS FOR AMERICA, INC.403(B) PLAN (2017) Form 5500
Creator: RESULTS FOR AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RESULTS FOR AMERICA, INC.403(B) PLAN, RESULTS FOR AMERICA, INC.

RESULTS FOR AMERICA, INC.EIN 81-2709681Plan #001PY 2017

1875 CONNECTICUT AVENUE, 11TH FLOOR, UNIT 11-116 - WASHINGTON, DC 20009617-902-8635results4america.orgLinkedIn11-50 employeescivic & social organization

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$705K

+612.8% from 2016

Total participants

+34.8% from 2016

Average account balance

$24,294

+416.2% from 2016

Annual return

336.89%

+336.89 pp from 2016

Benchmarks

See 100 peers

Peer group

Industry92 - Public Administration

Plan typeDefined contribution

Participants25-99

Cohort100 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.67M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

107

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.

115.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.06M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+17.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$840

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 codes2E2F2G2L2T3D

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.
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

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

$50K

$1737 / participant

Other / not subdivided$50K100.0%

% of EOY assets

7.149%

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

$24,294

$45,211-46.3%

$56,429-56.9%

$70,126-65.4%

Participation rate

93.1%

73.6%+19.5pp

80.0%+13.1pp

69.5%+23.6pp

Annual return

336.89%

38.45%+298.4pp

19.04%+317.9pp

73.15%+263.7pp

Employer contribution / active EE

$8,894

$2,737+225.0%

$3,405+161.2%

$2,343+279.7%

Participant deferral / active EE

$2,213

$2,735-19.1%

$3,951-44.0%

$3,332-33.6%

Admin fee / account holder

$1,737

$3,027-42.6%

$4,466-61.1%

$4,645-62.6%

RESULTS FOR AMERICA, INC.403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RESULTS FOR AMERICA, INC.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