Retirement plan

THE NEW INTERDISCIPLINARY SCHOOL PROFIT SHARING PLAN

Name: THE NEW INTERDISCIPLINARY SCHOOL - THE NEW INTERDISCIPLINARY SCHOOL PROFIT SHARING PLAN (2019) Form 5500
Creator: THE NEW INTERDISCIPLINARY SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE NEW INTERDISCIPLINARY SCHOOL PROFIT SHARING PLAN, THE NEW INTERDISCIPLINARY SCHOOL

THE NEW INTERDISCIPLINARY SCHOOLEIN 11-2428403Plan #002PY 2019

430 SILLS ROAD - YAPHANK, NY 11980631-924-5583niskids.orgLinkedIn51-200 employeeshigher education

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$2.6M

+8.5% from 2018

Total participants

165

+3.1% from 2018

Average account balance

$15,700

+3.9% from 2018

Annual return

14.94%

+18.69 pp from 2018

Benchmarks

See 1,482 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,482 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.00M

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

182

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.

80.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$75K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$641

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

+12.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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
NATIONWIDE5+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$19,649
LONG ISLAND EMPLOYEE BENEFITS GROUP5+ years Service code 15 50 STEWART AVENUE, SUITE 2 · HUNTINGTON, NY 11743	Recordkeeping	$8,335

Plan features & details

Pension benefit codes2A2E2F2G2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$28K

$272 / participant

Investment mgmt$24K86.5%
Contract admin$4K13.5%

% of EOY assets

1.080%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BDO USA, LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,700

$60,795-74.2%

$69,483-77.4%

$65,186-75.9%

Participation rate

100.0%

74.9%+25.1pp

74.6%+25.4pp

70.2%+29.8pp

Annual return

14.94%

17.46%-2.5pp

28.99%-14.0pp

29.39%-14.4pp

Employer contribution / active EE

$680

$2,452-72.3%

$2,780-75.6%

$2,177-68.8%

Participant deferral / active EE

$3,162-100.0%

$3,537-100.0%

$3,514-100.0%

Admin fee / account holder

$170

$314-45.9%

$3,841-95.6%

$847-80.0%

Provider

Service type

Compensation

NATIONWIDE5+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$19,649

LONG ISLAND EMPLOYEE BENEFITS GROUP5+ years

Service code 15

50 STEWART AVENUE, SUITE 2 · HUNTINGTON, NY 11743

Recordkeeping

$8,335

THE NEW INTERDISCIPLINARY SCHOOL PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE NEW INTERDISCIPLINARY SCHOOL 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