Retirement plan

403(B) THRIFT PLAN OF NORTHERN CALIFORNIA GRANTMAKERS

Name: NORTHERN CALIFORNIA GRANTMAKERS - 403(B) THRIFT PLAN OF NORTHERN CALIFORNIA GRANTMAKERS (2019) Form 5500
Creator: NORTHERN CALIFORNIA GRANTMAKERS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF NORTHERN CALIFORNIA GRANTMAKERS, NORTHERN CALIFORNIA GRANTMAKERS

NORTHERN CALIFORNIA GRANTMAKERSEIN 94-2761355Plan #002PY 2019

160 SPEAR ST STE 360 - SAN FRANCISCO, CA 941051543415-777-4111ncg.orgLinkedIn11-50 employeesphilanthropy

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.3M

+65.0% from 2018

Total participants

-3.6% from 2018

Average account balance

$49,655

+65.0% from 2018

Annual return

23.38%

+33.18 pp from 2018

Benchmarks

See 35,119 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,119 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.04M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

146.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$478K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+14.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1290

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 codes2F2G2S2T3D

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.
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

1 tripped

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

$39

$2 / participant

Other / not subdivided$39100.0%

% of EOY assets

0.003%

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

$49,655

$103,008-51.8%

$90,304-45.0%

$152,897-67.5%

Participation rate

100.0%

75.9%+24.1pp

73.3%+26.7pp

82.5%+17.5pp

Annual return

23.38%

95.22%-71.8pp

78.13%-54.8pp

345.43%-322.0pp

Employer contribution / active EE

$9,280

$3,139+195.6%

$2,855+225.0%

$4,764+94.8%

Participant deferral / active EE

$10,596

$4,281+147.5%

$3,885+172.7%

$5,851+81.1%

Admin fee / account holder

$6,175-100.0%

$5,354-100.0%

$11,599-100.0%

403(B) THRIFT PLAN OF NORTHERN CALIFORNIA GRANTMAKERS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF NORTHERN CALIFORNIA GRANTMAKERS

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