Retirement plan

ASSOCIATION OF PHYSICAL PLANT ADMINISTRATORS 403(B ) RETIREMENT PLAN

Name: APPA THE ASSOCIATION OF HIGHER EDUC ATION FACILITIES OFFICERS - ASSOCIATION OF PHYSICAL PLANT ADMINISTRATORS 403(B ) RETIREMENT PLAN (2020) Form 5500
Creator: APPA THE ASSOCIATION OF HIGHER EDUC ATION 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 EDUC ATION FACILITIES OFFICERS

APPA THE ASSOCIATION OF HIGHER EDUC ATION FACILITIES OFFICERSEIN 85-0211201Plan #003PY 2020

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

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$6.8M

+13.5% from 2019

Total participants

0.0% from 2019

Average account balance

$189,835

+13.5% from 2019

Annual return

11.60%

-4.27 pp from 2019

Benchmarks

See 6,199 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,199 peers

Snapshot2020

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

$68K

$5697 / participant

Other / not subdivided$68K100.0%

% of EOY assets

1.000%

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

$189,835

$81,643+132.5%

$70,462+169.4%

$158,950+19.4%

Participation rate

91.7%

77.7%+13.9pp

75.1%+16.6pp

82.0%+9.7pp

Annual return

11.60%

208.51%-196.9pp

109.08%-97.5pp

302.91%-291.3pp

Employer contribution / active EE

$10,386

$3,218+222.8%

$2,737+279.4%

$4,762+118.1%

Participant deferral / active EE

$4,842

$4,555+6.3%

$3,710+30.5%

$5,983-19.1%

Admin fee / account holder

$1,899

$6,194-69.3%

$3,845-50.6%

$11,248-83.1%

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