Retirement plan

ASSOCIATION OF PHYSICAL PLANT ADMINISTRATORS 403(B) RETIREMENT PLAN

Name: APPA THE ASSOCIATION OF HIGHER EDUCATION FACILITIES OFFICERS - ASSOCIATION OF PHYSICAL PLANT ADMINISTRATORS 403(B) RETIREMENT PLAN (2024) Form 5500
Creator: APPA THE ASSOCIATION OF HIGHER EDUCATION FACILITIES OFFICERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASSOCIATION OF PHYSICAL PLANT ADMINISTRATORS 403(B) RETIREMENT PLAN, APPA THE ASSOCIATION OF HIGHER EDUCATION FACILITIES OFFICERS

APPA THE ASSOCIATION OF HIGHER EDUCATION FACILITIES OFFICERSEIN 85-0211201Plan #003PY 2024

1643 PRINCE STREET - ALEXANDRIA, VA 22314703-684-1446

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$6.1M

-11.7% from 2023

Total participants

+2.6% from 2023

Average account balance

$156,051

-18.5% from 2023

Annual return

10.05%

-2.21 pp from 2023

Benchmarks

See 8,071 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort8,071 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.09M

Not enough data

1 years with asset history on file

Average account balance

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

$156K

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.

487.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$184K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+10.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$43199

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 codes2G2L2T

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.
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

$1.7M

$210597 / participant

Other / not subdivided$2M100.0%

% of EOY assets

27.683%

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

$156,051

$72,396+115.6%

$67,511+131.1%

$145,959+6.9%

Participation rate

100.0%

76.9%+23.1pp

72.9%+27.1pp

80.3%+19.7pp

Annual return

10.05%

7194.07%-7184.0pp

3517.41%-3507.4pp

561.95%-551.9pp

Employer contribution / active EE

$14,296

$3,071+365.6%

$2,733+423.2%

$4,661+206.7%

Participant deferral / active EE

$8,735

$4,781+82.7%

$4,000+118.4%

$6,689+30.6%

Admin fee / account holder

$43,199

$5,538+680.0%

$3,999+980.3%

$13,398+222.4%

ASSOCIATION OF PHYSICAL PLANT ADMINISTRATORS 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASSOCIATION OF PHYSICAL PLANT ADMINISTRATORS 403(B) 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