Retirement plan

THE CARROLL SCHOOL RETIREMENT PLAN

Name: THE CARROLL SCHOOL - THE CARROLL SCHOOL RETIREMENT PLAN (2023) Form 5500
Creator: THE CARROLL SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CARROLL SCHOOL RETIREMENT PLAN, THE CARROLL SCHOOL

THE CARROLL SCHOOLEIN 04-2145258Plan #001PY 2023

25 BAKER BRIDGE ROAD - LINCOLN, MA 01773781-259-8342carrollschool.orgLinkedIn51-200 employeesprimary/secondary education

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$31.8M

+15.5% from 2022

Total participants

390

+4.0% from 2022

Average account balance

$89,698

+9.3% from 2022

Annual return

19.00%

+36.19 pp from 2022

Benchmarks

See 1,530 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,530 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.88M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

358

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.

84.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+15.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$92

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
STANCORP FINANCIAL GROUP9+ years Service code 12 · EIN 93-1253576	Claims processing; Custodial (other t...	$67,765
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 64 · EIN 04-2647786	Recordkeeping Fees	$505

Plan features & details

Pension benefit codes2E2F2G2L2M3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$39K

$178 / participant

Other / not subdivided$39K100.0%

% of EOY assets

0.124%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LEONARD, MULHERIN & GREENE, P.C.
Auditor EIN: 043108635
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$89,698

$65,582+36.8%

$64,097+39.9%

$71,529+25.4%

Participation rate

84.2%

73.2%+11.0pp

72.3%+11.8pp

67.9%+16.2pp

Annual return

19.00%

18.96%0pp

33.75%-14.7pp

28.97%-10.0pp

Employer contribution / active EE

$2,956

$2,671+10.7%

$2,750+7.5%

$2,590+14.1%

Participant deferral / active EE

$7,033

$3,628+93.8%

$3,881+81.2%

$4,291+63.9%

Admin fee / account holder

$111

$616-82.0%

$3,070-96.4%

$1,588-93.0%

Provider

Service type

Compensation

STANCORP FINANCIAL GROUP9+ years

Service code 12 · EIN 93-1253576

Claims processing; Custodial (other t...

$67,765

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 64 · EIN 04-2647786

Recordkeeping Fees

$505

THE CARROLL SCHOOL RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CARROLL 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