Retirement plan

NEW DIRECTIONS FOR WOMEN, INC. 401(K) PROFIT SHARING PLAN

Name: NEW DIRECTIONS FOR WOMEN, INC. - NEW DIRECTIONS FOR WOMEN, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: NEW DIRECTIONS FOR WOMEN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW DIRECTIONS FOR WOMEN, INC. 401(K) PROFIT SHARING PLAN, NEW DIRECTIONS FOR WOMEN, INC.

NEW DIRECTIONS FOR WOMEN, INC.EIN 95-3107635Plan #001PY 2019

2607 WILLO LANE - COSTA MESA, CA 92627949-313-1192newdirectionsforwomen.orgLinkedIn11-50 employeeshospital & health care

Prospect flagsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$486K

-24.9% from 2018

Total participants

-12.9% from 2018

Average account balance

$8,525

-26.2% from 2018

Annual return

15.99%

+20.79 pp from 2018

Benchmarks

See 104,301 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants<25

Cohort104,301 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$669K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

130.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$116K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$321

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 codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$377K

$15727 / participant

Other / not subdivided$377K100.0%

% of EOY assets

77.682%

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

$8,525

$202,342-95.8%

$172,753-95.1%

$152,909-94.4%

Participation rate

83.3%

87.1%-3.7pp

82.6%+0.7pp

82.5%+0.9pp

Annual return

15.99%

1029.88%-1013.9pp

803.00%-787.0pp

345.46%-329.5pp

Employer contribution / active EE

$1,838

$5,857-68.6%

$5,144-64.3%

$4,764-61.4%

Participant deferral / active EE

$2,868

$5,948-51.8%

$5,198-44.8%

$5,851-51.0%

Admin fee / account holder

$6,622

$17,112-61.3%

$13,956-52.5%

$11,601-42.9%

NEW DIRECTIONS FOR WOMEN, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW DIRECTIONS FOR WOMEN, INC. 401(K) PROFIT SHARING 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