Retirement plan

NATIONAL INDIAN CHILD WELFARE ASSOCIATION 403(B) PLAN

Name: NATIONAL INDIAN CHILD WELFARE ASSOC - NATIONAL INDIAN CHILD WELFARE ASSOCIATION 403(B) PLAN (2021) Form 5500
Creator: NATIONAL INDIAN CHILD WELFARE ASSOC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL INDIAN CHILD WELFARE ASSOCIATION 403(B) PLAN, NATIONAL INDIAN CHILD WELFARE ASSOC

NATIONAL INDIAN CHILD WELFARE ASSOCEIN 93-0951531Plan #001PY 2021

5100 S MACADAM AVENUE, SUITE 300 - PORTLAND, OR 97239503-222-4044nicwa.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.2M

+16.4% from 2020

Total participants

+3.6% from 2020

Average account balance

$41,291

+8.1% from 2020

Annual return

10.97%

-2.88 pp from 2020

Benchmarks

See 103,200 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort103,200 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.16M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

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.

140.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$72K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+8.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3739

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2L3D

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$13K

$871 / participant

Other / not subdivided$13K100.0%

% of EOY assets

1.130%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,291

$217,427-81.0%

$185,837-77.8%

$167,518-75.4%

Participation rate

93.3%

86.0%+7.3pp

81.7%+11.6pp

82.1%+11.2pp

Annual return

10.97%

148.39%-137.4pp

122.08%-111.1pp

478.71%-467.7pp

Employer contribution / active EE

$5,874-100.0%

$5,168-100.0%

$4,838-100.0%

Participant deferral / active EE

$4,067

$6,357-36.0%

$5,568-27.0%

$6,342-35.9%

Admin fee / account holder

$467

$19,816-97.6%

$16,241-97.1%

$12,312-96.2%

NATIONAL INDIAN CHILD WELFARE ASSOCIATION 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL INDIAN CHILD WELFARE ASSOCIATION 403(B) 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