Retirement plan

TRUTH INITIATIVE 401(K)PROFIT SHARING PLAN

Name: TRUTH INITIATIVE - TRUTH INITIATIVE 401(K)PROFIT SHARING PLAN (2017) Form 5500
Creator: TRUTH INITIATIVE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRUTH INITIATIVE 401(K)PROFIT SHARING PLAN, TRUTH INITIATIVE

TRUTH INITIATIVEEIN 91-1956621Plan #001PY 2017

900 G STREET, N.W., FOURTH FLOOR - WASHINGTON, DC 20001202-454-5540truthinitiative.orgLinkedIn51-200 employeesnon-profit organization management

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed May 17, 2017 (most recent of 4 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

Truth Initiative, 900 G Street NW, Fourth Floor

Washington State: DC Zip Code: 20001

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (2)

Officers Deferred Compensation Plan5 emp
Senior Executives Deferred Compensation Plan6 emp

Total covered: 11 employees

Open the filing PDF

How to read this page

Total assets (EOY)

$28.5M

+14.5% from 2016

Total participants

164

+5.8% from 2016

Average account balance

$173,867

+8.2% from 2016

Annual return

18.63%

+11.25 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$57.38M

Not enough data

1 years with asset history on file

Average account balance

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

$241K

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.

238

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.41M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+14.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$198

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 2 by compensation

Provider	Service type	Compensation
GLOBAL RETIREMENT PARTNERS LLC1 year Service code 27 · EIN 47-1411118 4340 REDWOOD HIGHWAY, · SAN RAFAEL, CA 94903	Advisory (Plan)	$0
MMA SECURITIES LLC1 year Filed as: MARSH USA, INC. Service code 13 · EIN 36-1436000 4900 LIBBIE MILL EAST BOULEVARD · RICHMOND, VA 23230	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$19 / participant

Contract admin$2K100.0%

% of EOY assets

0.007%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$173,867

$50,637+243.4%

$86,597+100.8%

$62,293+179.1%

Participation rate

100.0%

67.9%+32.1pp

73.5%+26.5pp

69.5%+30.5pp

Annual return

18.63%

20.80%-2.2pp

964.96%-946.3pp

28.90%-10.3pp

Employer contribution / active EE

$17,976

$2,075+766.2%

$2,840+533.1%

$2,042+780.2%

Participant deferral / active EE

$6,155

$2,611+135.7%

$3,609+70.6%

$3,169+94.2%

Admin fee / account holder

$13

$413-96.9%

$4,906-99.7%

$479-97.4%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC1 year

Service code 27 · EIN 47-1411118

4340 REDWOOD HIGHWAY, · SAN RAFAEL, CA 94903

Advisory (Plan)

MMA SECURITIES LLC1 year

Filed as: MARSH USA, INC.

Service code 13 · EIN 36-1436000

4900 LIBBIE MILL EAST BOULEVARD · RICHMOND, VA 23230

Contract Administrator

TRUTH INITIATIVE 401(K)PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRUTH INITIATIVE 401(K)PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

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