Retirement plan

403(B) THRIFT PLAN OF AMERICAN HUMANIST ASSOCIATION

Name: AMERICAN HUMANIST ASSOCIATION - 403(B) THRIFT PLAN OF AMERICAN HUMANIST ASSOCIATION (2023) Form 5500
Creator: AMERICAN HUMANIST ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF AMERICAN HUMANIST ASSOCIATION, AMERICAN HUMANIST ASSOCIATION

AMERICAN HUMANIST ASSOCIATIONEIN 94-6168317Plan #002PY 2023

1821 JEFFERSON PL NW - WASHINGTON, DC 200362504202-238-9088americanhumanist.orgLinkedIn11-50 employeesnon-profit organization management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$726K

+19.1% from 2022

Total participants

-11.4% from 2022

Average account balance

$24,215

+31.0% from 2022

Annual return

15.64%

+31.67 pp from 2022

Benchmarks

See 7,477 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort7,477 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$749K

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

233.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$64K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+15.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5555

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

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

$61K

$5058 / participant

Other / not subdivided$61K100.0%

% of EOY assets

8.355%

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

$24,215

$69,274-65.0%

$64,097-62.2%

$139,487-82.6%

Participation rate

91.7%

75.6%+16.0pp

72.3%+19.3pp

80.3%+11.3pp

Annual return

15.64%

46.00%-30.4pp

33.75%-18.1pp

373.84%-358.2pp

Employer contribution / active EE

$1,818

$3,187-43.0%

$2,750-33.9%

$4,755-61.8%

Participant deferral / active EE

$4,977

$4,685+6.2%

$3,881+28.2%

$6,713-25.9%

Admin fee / account holder

$2,023

$4,247-52.4%

$3,070-34.1%

$11,407-82.3%

403(B) THRIFT PLAN OF AMERICAN HUMANIST ASSOCIATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF AMERICAN HUMANIST ASSOCIATION

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