Retirement plan

NAVIGATORS 403(B) SUPPLEMENTAL RETIREMENT PLAN

Name: THE NAVIGATORS - NAVIGATORS 403(B) SUPPLEMENTAL RETIREMENT PLAN (2021) Form 5500
Creator: THE NAVIGATORS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NAVIGATORS 403(B) SUPPLEMENTAL RETIREMENT PLAN, THE NAVIGATORS

THE NAVIGATORSEIN 84-6007896Plan #002PY 2021

3820 NORTH 30TH, P.O. BOX 6000 - COLORADO SPRINGS, CO 809340001719-598-1212navigators.orgLinkedIn1001-5000 employeesreligious institutions

Other plans on this EIN

1 filing

#003Retirement-$156.2M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$91.2M

-9.5% from 2016

Total participants

1,960

-4.2% from 2016

Average account balance

$51,827

+1.9% from 2016

Annual return

12.95%

-9.00 pp from 2016

Benchmarks

See 241 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort241 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$120.70M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

2,169

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.

81.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+16.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$67

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 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL7+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$36,135
COOK STREET CONSULTING3 years Filed as: COOK STREET CONSULTING, INC Service code 16 · EIN 84-0854432	Consulting	$23,450
STRATEGIC ADVISORS, INC.6 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$15,194
BKD, LLP3 years Filed as: BKD CPAS & ADVISORS Service code 10 · EIN 44-0160260	Accounting	$10,200

Plan features & details

Pension benefit codes2S2T2G2L2M2R

Plan features

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$85K

$50 / participant

Investment mgmt$15K17.9%
Other / not subdivided$70K82.1%

% of EOY assets

0.093%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BKD LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$51,827

$52,626-1.5%

$98,508-47.4%

$93,010-44.3%

Participation rate

88.2%

65.3%+22.9pp

73.3%+14.9pp

73.9%+14.3pp

Annual return

12.95%

16.95%-4.0pp

1495.22%-1482.3pp

158.70%-145.8pp

Employer contribution / active EE

$2,210

$1,894+16.7%

$2,961-25.4%

$2,705-18.3%

Participant deferral / active EE

$3,003

$2,907+3.3%

$4,276-29.8%

$4,561-34.2%

Admin fee / account holder

$48

$102-52.8%

$5,956-99.2%

$152-68.2%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$36,135

COOK STREET CONSULTING3 years

Filed as: COOK STREET CONSULTING, INC

Service code 16 · EIN 84-0854432

Consulting

$23,450

STRATEGIC ADVISORS, INC.6 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$15,194

BKD, LLP3 years

Filed as: BKD CPAS & ADVISORS

Service code 10 · EIN 44-0160260

Accounting

$10,200

NAVIGATORS 403(B) SUPPLEMENTAL RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NAVIGATORS 403(B) SUPPLEMENTAL 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