Retirement plan

403 B THRIFT PLAN OF THE INTERNATIONAL INSTITUTE OF THE BAY AREA

Name: THE INTERNATIONAL INSTITUTE OF THE BAY AREA - 403 B THRIFT PLAN OF THE INTERNATIONAL INSTITUTE OF THE BAY AREA (2017) Form 5500
Creator: THE INTERNATIONAL INSTITUTE OF THE BAY AREA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403 B THRIFT PLAN OF THE INTERNATIONAL INSTITUTE OF THE BAY AREA, THE INTERNATIONAL INSTITUTE OF THE BAY AREA

THE INTERNATIONAL INSTITUTE OF THE BAY AREAEIN 94-1156554Plan #003PY 2017

657 MISSION ST STE 301 - SAN FRANCISCO, CA 941054104415-538-8100iibayarea.orgLinkedIn51-200 employeeslegal services

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$1.1M

+31.1% from 2016

Total participants

+7.5% from 2016

Average account balance

$21,344

-6.0% from 2016

Annual return

15.03%

+5.17 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.66M

Not enough data

1 years with asset history on file

Average account balance

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

$59K

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.

107.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$490K

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

+14.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1330

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 codes2F2S2T

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).
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$32K

$776 / participant

Other / not subdivided$32K100.0%

% of EOY assets

2.813%

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

$21,344

$84,236-74.7%

$170,435-87.5%

$70,126-69.6%

Participation rate

90.2%

70.8%+19.4pp

83.6%+6.6pp

69.5%+20.7pp

Annual return

15.03%

23.06%-8.0pp

205.94%-190.9pp

73.15%-58.1pp

Employer contribution / active EE

$1,183

$3,387-65.1%

$5,432-78.2%

$2,343-49.5%

Participant deferral / active EE

$2,964

$3,086-4.0%

$4,939-40.0%

$3,332-11.0%

Admin fee / account holder

$600

$5,698-89.5%

$13,881-95.7%

$4,645-87.1%

403 B THRIFT PLAN OF THE INTERNATIONAL INSTITUTE OF THE BAY AREA

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403 B THRIFT PLAN OF THE INTERNATIONAL INSTITUTE OF THE BAY AREA

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