Retirement plan

NORTHERN CALIFORNIA GRANTMAKERS

Name: NORTHERN CALIFORNIA GRANTMAKER - NORTHERN CALIFORNIA GRANTMAKERS (2022) Form 5500
Creator: NORTHERN CALIFORNIA GRANTMAKER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTHERN CALIFORNIA GRANTMAKERS, NORTHERN CALIFORNIA GRANTMAKER

NORTHERN CALIFORNIA GRANTMAKEREIN 94-2761355Plan #002PY 2022

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

-3.3% from 2021

Total participants

+23.3% from 2021

Average account balance

$76,300

-12.1% from 2021

Annual return

-12.56%

-28.29 pp from 2021

Benchmarks

See 39,290 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort39,290 peers

Snapshot2022

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 codes2G3D2J

Plan features

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.
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

$60K

$2620 / participant

Other / not subdivided$60K100.0%

% of EOY assets

2.393%

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

$76,300

$92,743-17.7%

$82,744-7.8%

$134,532-43.3%

Participation rate

82.6%

75.2%+7.4pp

72.6%+10.0pp

81.2%+1.4pp

Annual return

-12.56%

946.63%-959.2pp

702.22%-714.8pp

418.27%-430.8pp

Employer contribution / active EE

$8,620

$3,273+163.4%

$3,008+186.6%

$4,741+81.8%

Participant deferral / active EE

$10,501

$4,802+118.7%

$4,395+138.9%

$6,401+64.0%

Admin fee / account holder

$1,826

$5,977-69.4%

$5,325-65.7%

$11,429-84.0%

NORTHERN CALIFORNIA GRANTMAKERS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

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