Retirement plan

RICE MEMORIAL HIGH SCHOOL RETIREMENT PLAN

Name: RICE MEMORIAL HIGH SCHOOL - RICE MEMORIAL HIGH SCHOOL RETIREMENT PLAN (2021) Form 5500
Creator: RICE MEMORIAL HIGH SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RICE MEMORIAL HIGH SCHOOL RETIREMENT PLAN, RICE MEMORIAL HIGH SCHOOL

RICE MEMORIAL HIGH SCHOOLEIN 03-0198567Plan #002PY 2021

99 PROCTOR AVENUE - SOUTH BURLINGTON, VT 05403802-846-5846

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.9M

+22.3% from 2020

Total participants

+9.1% from 2020

Average account balance

$83,827

+11.9% from 2020

Annual return

16.78%

+1.33 pp from 2020

Benchmarks

See 3,972 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,972 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.86M

Not enough data

1 years with asset history on file

Average account balance

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

$86K

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.

98.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$367K

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

+14.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5145

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

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

$26K

$599 / participant

Other / not subdivided$26K100.0%

% of EOY assets

0.533%

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

$83,827

$53,841+55.7%

$75,731+10.7%

$85,851-2.4%

Participation rate

97.7%

69.0%+28.7pp

74.8%+22.9pp

69.3%+28.4pp

Annual return

16.78%

24.54%-7.8pp

104.65%-87.9pp

318.63%-301.9pp

Employer contribution / active EE

$3,326

$2,017+64.9%

$2,743+21.3%

$2,565+29.7%

Participant deferral / active EE

$1,851

$2,895-36.0%

$3,820-51.5%

$3,952-53.2%

Admin fee / account holder

$447

$3,340-86.6%

$3,620-87.7%

$6,261-92.9%

RICE MEMORIAL HIGH SCHOOL RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RICE MEMORIAL HIGH SCHOOL RETIREMENT 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