Retirement plan

OREGON FOOD BANK RETIREMENT PLAN

Name: OREGON FOOD BANK - OREGON FOOD BANK RETIREMENT PLAN (2019) Form 5500
Creator: OREGON FOOD BANK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OREGON FOOD BANK RETIREMENT PLAN, OREGON FOOD BANK

OREGON FOOD BANKEIN 93-0785786Plan #002PY 2019

7900 NE 33RD DRIVE - PORTLAND, OR 97211503-282-0555oregonfoodbank.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$8.2M

+14.2% from 2018

Total participants

208

-1.9% from 2018

Average account balance

$41,180

+19.4% from 2018

Annual return

11.05%

+2.78 pp from 2018

Benchmarks

See 5,343 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,343 peers

Snapshot2019

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$17.48M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

340

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.

97.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+15.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$37

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE1 year Service code 17 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Pension Consulting	$29,789
JPMORGAN INVEST HOLDINGS LLC1 year Service code 64 · EIN 13-2624428	Recordkeeping Fees	$279
PENSION PLAN SPECIALISTS, PC1 year Filed as: PENSION PLAN SPECIALISTS PC Service code 27 · EIN 91-1889112 805 BROADWAY, SUITE 600 · VANCOUVER, WA 98660	Advisory (Plan)	$100

Plan features & details

Pension benefit codes2A2E2F2G2J2S2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$21K

$120 / participant

Contract admin$21K100.0%

% of EOY assets

0.260%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WORTHY & COMPANY, LLC
Auditor EIN: 208092242
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,180

$52,953-22.2%

$172,739-76.2%

$65,185-36.8%

Participation rate

94.9%

66.2%+28.7pp

82.6%+12.3pp

70.2%+24.7pp

Annual return

11.05%

30.12%-19.1pp

802.84%-791.8pp

29.38%-18.3pp

Employer contribution / active EE

$2,739

$2,190+25.1%

$5,143-46.7%

$2,177+25.8%

Participant deferral / active EE

$3,290

$2,471+33.2%

$5,198-36.7%

$3,514-6.4%

Admin fee / account holder

$107

$472-77.3%

$13,954-99.2%

$847-87.4%

Provider

Service type

Compensation

NATIONWIDE1 year

Service code 17

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Pension Consulting

$29,789

JPMORGAN INVEST HOLDINGS LLC1 year

Service code 64 · EIN 13-2624428

Recordkeeping Fees

$279

PENSION PLAN SPECIALISTS, PC1 year

Filed as: PENSION PLAN SPECIALISTS PC

Service code 27 · EIN 91-1889112

805 BROADWAY, SUITE 600 · VANCOUVER, WA 98660

Advisory (Plan)

$100

OREGON FOOD BANK RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OREGON FOOD BANK RETIREMENT 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