Retirement plan

THE LIGHTHOUSE FOR THE BLIND, INC. TAX-DEFERRED ANNUITY PLAN

Name: THE LIGHTHOUSE FOR THE BLIND, INC. - THE LIGHTHOUSE FOR THE BLIND, INC. TAX-DEFERRED ANNUITY PLAN (2024) Form 5500
Creator: THE LIGHTHOUSE FOR THE BLIND, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LIGHTHOUSE FOR THE BLIND, INC. TAX-DEFERRED ANNUITY PLAN, THE LIGHTHOUSE FOR THE BLIND, INC.

THE LIGHTHOUSE FOR THE BLIND, INC.EIN 91-0295070Plan #002PY 2024

2051 S. PLUM STREET - SEATTLE, WA 981444711206-322-4200lhblind.orgLinkedIn501-1000 employeesnon-profit organization management

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$42.7M

+10.5% from 2023

Total participants

639

+1.3% from 2023

Average account balance

$70,650

+10.5% from 2023

Annual return

12.54%

-3.93 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$42.74M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

605

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.

92.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$142

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 INSTITUTIONAL5 years Filed as: FIDELITY INV. INSTIT. OPER. CO.,INC Service code 15 · EIN 04-2647786	Recordkeeping	$55,556
USI CONSULTING GROUP7 years Filed as: USI ADVISORS Service code 16 · EIN 06-1397347	Consulting	$25,000
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$5,402
THE VANGUARD GROUP, INC.10+ years Filed as: VANGUARD Service code 28 P.O. BOX 1110 · VALLEY FORGE, PA 194821110	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2L2T

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$86K

$200 / participant

Recordkeeping$56K64.5%
Investment mgmt$31K35.5%

% of EOY assets

0.202%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,650

$50,919+38.7%

$155,556-54.6%

$77,762-9.1%

Participation rate

92.1%

63.1%+29.0pp

78.2%+13.9pp

70.6%+21.5pp

Annual return

12.54%

34.84%-22.3pp

64.84%-52.3pp

31.27%-18.7pp

Employer contribution / active EE

$3,245

$1,991+62.9%

$4,675-30.6%

$2,728+18.9%

Participant deferral / active EE

$4,866

$2,824+72.3%

$5,631-13.6%

$4,651+4.6%

Admin fee / account holder

$142

$437-67.4%

$15,885-99.1%

$433-67.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Filed as: FIDELITY INV. INSTIT. OPER. CO.,INC

Service code 15 · EIN 04-2647786

Recordkeeping

$55,556

USI CONSULTING GROUP7 years

Filed as: USI ADVISORS

Service code 16 · EIN 06-1397347

Consulting

$25,000

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$5,402

THE VANGUARD GROUP, INC.10+ years

Filed as: VANGUARD

Service code 28

P.O. BOX 1110 · VALLEY FORGE, PA 194821110

Investment Management

THE LIGHTHOUSE FOR THE BLIND, INC. TAX-DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE LIGHTHOUSE FOR THE BLIND, INC. TAX-DEFERRED ANNUITY 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