Retirement plan

FOREST HILLS MONTESSORI SCHOOL 401(K) PLAN

Name: FOREST HILLS MONTESSORI SCHOOL - FOREST HILLS MONTESSORI SCHOOL 401(K) PLAN (2017) Form 5500
Creator: FOREST HILLS MONTESSORI SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FOREST HILLS MONTESSORI SCHOOL 401(K) PLAN, FOREST HILLS MONTESSORI SCHOOL

FOREST HILLS MONTESSORI SCHOOLEIN 11-2398876Plan #001PY 2017

67-04 AUSTIN ST. - FOREST HILLS, NY 11375718-275-0173fhmontessorischool.comLinkedIn1-10 employeeshigher education

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$297K

+28.9% from 2016

Total participants

0.0% from 2016

Average account balance

$37,094

+28.9% from 2016

Annual return

24.94%

+28.89 pp from 2016

Benchmarks

See 5,617 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,617 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$524K

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

175.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2452

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$37,094

$73,518-49.5%

$63,003-41.1%

$147,585-74.9%

Participation rate

100.0%

77.9%+22.1pp

74.8%+25.2pp

82.8%+17.2pp

Annual return

24.94%

175.46%-150.5pp

87.59%-62.6pp

578.57%-553.6pp

Employer contribution / active EE

$502

$3,322-84.9%

$2,760-81.8%

$4,876-89.7%

Participant deferral / active EE

$1,004

$4,183-76.0%

$3,329-69.8%

$5,439-81.5%

Admin fee / account holder

$5,952-100.0%

$3,600-100.0%

$10,885-100.0%

FOREST HILLS MONTESSORI SCHOOL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

FOREST HILLS MONTESSORI SCHOOL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion