Retirement plan

GLAD EMPLOYEE CONTRIBUTION 403(B) PLAN

Name: GREATER LOS ANGELES AGENCY ON DEAFNESS, INC. - GLAD EMPLOYEE CONTRIBUTION 403(B) PLAN (2023) Form 5500
Creator: GREATER LOS ANGELES AGENCY ON DEAFNESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLAD EMPLOYEE CONTRIBUTION 403(B) PLAN, GREATER LOS ANGELES AGENCY ON DEAFNESS, INC.

GREATER LOS ANGELES AGENCY ON DEAFNESS, INC.EIN 95-2677094Plan #002PY 2023

2222 LAVERNA AVENUE - LOS ANGELES, CA 90041323-478-8000gladinc.orgLinkedIn51-200 employeesnon-profit organization management

Other plans on this EIN

1 filing

#001Retirement-$2.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.1M

+33.0% from 2022

Total participants

+16.1% from 2022

Average account balance

$19,491

+26.3% from 2022

Annual return

19.44%

+38.55 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.53M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

88.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$238K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$591

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 codes2F2G2L2M2S2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$78K

$1224 / participant

Other / not subdivided$78K100.0%

% of EOY assets

6.814%

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

$19,491

$77,908-75.0%

$149,696-87.0%

$75,173-74.1%

Participation rate

79.7%

65.6%+14.1pp

78.8%+0.9pp

67.2%+12.5pp

Annual return

19.44%

31.73%-12.3pp

134.46%-115.0pp

160.72%-141.3pp

Employer contribution / active EE

$3,138-100.0%

$4,821-100.0%

$2,671-100.0%

Participant deferral / active EE

$2,950

$3,411-13.5%

$5,682-48.1%

$4,126-28.5%

Admin fee / account holder

$1,328

$5,950-77.7%

$13,212-89.9%

$5,651-76.5%

GLAD EMPLOYEE CONTRIBUTION 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLAD EMPLOYEE CONTRIBUTION 403(B) PLAN

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