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 (2020) 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 2020

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)

$33.1M

+10.6% from 2019

Total participants

663

-0.6% from 2019

Average account balance

$53,019

+9.7% from 2019

Annual return

12.87%

-20.09 pp from 2019

Benchmarks

See 3,872 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort3,872 peers

Snapshot2020

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INV. INSTIT. OPER. CO.,INC Service code 64 · EIN 04-2647786	Recordkeeping Fees	$58,428
USI CONSULTING GROUP3 years Filed as: USI ADVISORS Service code 16 · EIN 06-1397347	Consulting	$20,000
THE VANGUARD GROUP, INC.6+ years Filed as: VANGUARD Service code 28 P.O. BOX 1110 · VALLEY FORGE, PA 194821110	Investment Management	$0

Plan features & details

Pension benefit codes2F2G2L2T

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.
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

$78K

$164 / participant

Investment mgmt$20K25.5%
Other / not subdivided$58K74.5%

% of EOY assets

0.237%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,019

$52,293+1.4%

$178,503-70.3%

$73,412-27.8%

Participation rate

92.1%

65.3%+26.7pp

81.9%+10.1pp

72.2%+19.9pp

Annual return

12.87%

34.75%-21.9pp

151.12%-138.3pp

59.30%-46.4pp

Employer contribution / active EE

$1,913

$1,736+10.2%

$5,011-61.8%

$2,234-14.3%

Participant deferral / active EE

$3,161

$2,333+35.5%

$5,202-39.2%

$3,806-16.9%

Admin fee / account holder

$125

$127-1.5%

$13,987-99.1%

$158-20.5%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1 year

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

Service code 64 · EIN 04-2647786

Recordkeeping Fees

$58,428

USI CONSULTING GROUP3 years

Filed as: USI ADVISORS

Service code 16 · EIN 06-1397347

Consulting

$20,000

THE VANGUARD GROUP, INC.6+ 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