Retirement plan

403(B) THRIFT PLAN OF NORTHERN ARIZONA TECHNOLOGY BUSINESS INCUBATOR, INC.

Name: NORTHERN ARIZONA TECHNOLOGY BUSINESS INCUBATOR, INC. - 403(B) THRIFT PLAN OF NORTHERN ARIZONA TECHNOLOGY BUSINESS INCUBATOR, INC. (2020) Form 5500
Creator: NORTHERN ARIZONA TECHNOLOGY BUSINESS INCUBATOR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF NORTHERN ARIZONA TECHNOLOGY BUSINESS INCUBATOR, INC., NORTHERN ARIZONA TECHNOLOGY BUSINESS INCUBATOR, INC.

NORTHERN ARIZONA TECHNOLOGY BUSINESS INCUBATOR, INC.EIN 86-1019180Plan #001PY 2020

2225 N GEMINI DR - FLAGSTAFF, AZ 860011601928-213-9234

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$80K

+43.4% from 2019

Total participants

+166.7% from 2019

Average account balance

$10,026

-46.2% from 2019

Annual return

17.82%

+15.76 pp from 2019

Benchmarks

See 14,139 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort14,139 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$109K

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10283

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 codes2F2G2S2T3D

Plan features

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.
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.
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.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$5K

$966 / participant

Other / not subdivided$5K100.0%

% of EOY assets

6.021%

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

$10,026

$109,344-90.8%

$89,400-88.8%

$158,950-93.7%

Participation rate

100.0%

74.3%+25.7pp

68.0%+32.0pp

82.0%+18.0pp

Annual return

17.82%

345.73%-327.9pp

245.64%-227.8pp

302.91%-285.1pp

Employer contribution / active EE

$1,563

$3,170-50.7%

$2,586-39.6%

$4,762-67.2%

Participant deferral / active EE

$2,253

$4,599-51.0%

$3,890-42.1%

$5,983-62.3%

Admin fee / account holder

$604

$6,154-90.2%

$4,882-87.6%

$11,248-94.6%

403(B) THRIFT PLAN OF NORTHERN ARIZONA TECHNOLOGY BUSINESS INCUBATOR, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF NORTHERN ARIZONA TECHNOLOGY BUSINESS INCUBATOR, INC.

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