Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF HOUSING INDUSTRY FOUNDATION

Name: HOUSING INDUSTRY FOUNDATION - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF HOUSING INDUSTRY FOUNDATION (2022) Form 5500
Creator: HOUSING INDUSTRY FOUNDATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF HOUSING INDUSTRY FOUNDATION, HOUSING INDUSTRY FOUNDATION

HOUSING INDUSTRY FOUNDATIONEIN 94-3100671Plan #002PY 2022

3460 W BAYSHORE RD STE 101 - PALO ALTO, CA 943034227650-437-2980hifinfo.orgLinkedIn1-10 employeesnon-profit organization management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$354K

+1.9% from 2021

Total participants

+22.2% from 2021

Average account balance

$39,303

+1.9% from 2021

Annual return

-18.03%

-37.50 pp from 2021

Benchmarks

See 105,930 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort105,930 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.31M

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

137.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+179.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$273

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 codes2F2G2T3D

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.
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

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

$14K

$1768 / participant

Other / not subdivided$14K100.0%

% of EOY assets

3.997%

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

$39,303

$167,353-76.5%

$143,797-72.7%

$134,545-70.8%

Participation rate

75.0%

84.8%-9.8pp

80.3%-5.3pp

81.2%-6.2pp

Annual return

-18.03%

0.48%-18.5pp

-0.04%-18.0pp

418.37%-436.4pp

Employer contribution / active EE

$3,062

$5,620-45.5%

$4,952-38.2%

$4,742-35.4%

Participant deferral / active EE

$7,339

$6,447+13.8%

$5,638+30.2%

$6,401+14.6%

Admin fee / account holder

$1,571

$18,096-91.3%

$14,679-89.3%

$11,431-86.3%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF HOUSING INDUSTRY FOUNDATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF HOUSING INDUSTRY FOUNDATION

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