Retirement plan

PROFIT SHARING PLAN FOR EMPLOYEES OF TANANA CHIEFS CONFERENCE

Name: TANANA CHIEFS CONFERENCE - PROFIT SHARING PLAN FOR EMPLOYEES OF TANANA CHIEFS CONFERENCE (2024) Form 5500
Creator: TANANA CHIEFS CONFERENCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PROFIT SHARING PLAN FOR EMPLOYEES OF TANANA CHIEFS CONFERENCE, TANANA CHIEFS CONFERENCE

TANANA CHIEFS CONFERENCEEIN 92-0040308Plan #001PY 2024

122 FIRST AVENUE, SUITE 600 - FAIRBANKS, AK 99701907-452-8251tananachiefs.orgLinkedIn501-1000 employeesnon-profit organization management

Other plans on this EIN

1 filing

#002Retirement-$25.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$67M

+18.6% from 2023

Total participants

1,648

-14.4% from 2023

Average account balance

$40,678

+34.7% from 2023

Annual return

13.57%

-3.44 pp from 2023

Benchmarks

See 288 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants1,000-4,999

Cohort288 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$67.00M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

1,647

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.

99.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.82M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$175

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
TRANSAMERICA RETIREMENT SOLUTIONS9 years Service code 12 · EIN 13-3689044	Participant communication; Account ma...	$267,684
RAYMOND JAMES FINANCIAL SERVICES5 years Service code 16 880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716	Consulting	$76,316
ALTMAN, ROGERS & CO2 years Service code 10 · EIN 92-0143182	Accounting	$20,000
NATIONAL FINANCIAL SERVICES9 years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2E2F2G2T3D

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.
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

$288K

$246 / participant

Recordkeeping$268K93.0%
Other / not subdivided$20K7.0%

% of EOY assets

0.429%

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: ALTMAN, ROGERS & CO
Auditor EIN: 920143182
Audit fees: $20,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$40,678

$55,527-26.7%

$81,783-50.3%

$199,768-79.6%

Participation rate

99.9%

62.7%+37.2pp

72.4%+27.6pp

72.0%+27.9pp

Annual return

13.57%

19.58%-6.0pp

775.05%-761.5pp

34.26%-20.7pp

Employer contribution / active EE

$5,826

$2,111+176.0%

$2,913+100.0%

$3,037+91.9%

Participant deferral / active EE

$3,296-100.0%

$4,320-100.0%

$5,090-100.0%

Admin fee / account holder

$175

$347-49.7%

$7,380-97.6%

$269-35.1%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS9 years

Service code 12 · EIN 13-3689044

Participant communication; Account ma...

$267,684

RAYMOND JAMES FINANCIAL SERVICES5 years

Service code 16

880 CARILLON PARKWAY · ST. PETERSBURG, FL 33716

Consulting

$76,316

ALTMAN, ROGERS & CO2 years

Service code 10 · EIN 92-0143182

Accounting

$20,000

NATIONAL FINANCIAL SERVICES9 years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

PROFIT SHARING PLAN FOR EMPLOYEES OF TANANA CHIEFS CONFERENCE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PROFIT SHARING PLAN FOR EMPLOYEES OF TANANA CHIEFS CONFERENCE

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