Retirement plan

NORTH SHORE MONTESSORI SCHOOL 401(K) PROFIT SHARING PLAN & TRUST

Name: NORTH SHORE MONTESSORI SCHOOL - NORTH SHORE MONTESSORI SCHOOL 401(K) PROFIT SHARING PLAN & TRUST (2021) Form 5500
Creator: NORTH SHORE MONTESSORI SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NORTH SHORE MONTESSORI SCHOOL 401(K) PROFIT SHARING PLAN & TRUST, NORTH SHORE MONTESSORI SCHOOL

NORTH SHORE MONTESSORI SCHOOLEIN 11-2229538Plan #001PY 2021

218 CHRISTIAN AVE - STONY BROOK, NY 117901232631-689-8273northshoremontessori.comLinkedIn11-50 employeesprimary/secondary education

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$191K

+56.9% from 2020

Total participants

-5.4% from 2020

Average account balance

$21,240

+56.9% from 2020

Annual return

15.41%

-0.06 pp from 2020

Benchmarks

See 18,805 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort18,805 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$285K

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

20.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$49K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+12.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8622

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$922

$29 / participant

Other / not subdivided$922100.0%

% of EOY assets

0.482%

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

$21,240

$95,406-77.7%

$185,849-88.6%

$85,847-75.3%

Participation rate

18.8%

68.8%-50.0pp

81.7%-63.0pp

69.3%-50.6pp

Annual return

15.41%

23.59%-8.2pp

122.10%-106.7pp

318.61%-303.2pp

Employer contribution / active EE

$3,314-100.0%

$5,169-100.0%

$2,565-100.0%

Participant deferral / active EE

$1,580

$3,424-53.9%

$5,569-71.6%

$3,952-60.0%

Admin fee / account holder

$102

$7,214-98.6%

$16,244-99.4%

$6,261-98.4%

NORTH SHORE MONTESSORI SCHOOL 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NORTH SHORE MONTESSORI SCHOOL 401(K) PROFIT SHARING PLAN & TRUST

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