Retirement plan

SCHOOL FOR LANGUAGE AND COMMUNICATION EMPLOYEES RETIREMENT PLAN

Name: THE SCHOOL FOR LANGUAGE AND COMMUNICATION DEVELOPMENT - SCHOOL FOR LANGUAGE AND COMMUNICATION EMPLOYEES RETIREMENT PLAN (2017) Form 5500
Creator: THE SCHOOL FOR LANGUAGE AND COMMUNICATION DEVELOPMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHOOL FOR LANGUAGE AND COMMUNICATION EMPLOYEES RETIREMENT PLAN, THE SCHOOL FOR LANGUAGE AND COMMUNICATION DEVELOPMENT

THE SCHOOL FOR LANGUAGE AND COMMUNICATION DEVELOPMENTEIN 11-2739039Plan #003PY 2017

100 GLEN COVE AVENUE - GLEN COVE, NY 115422818516-609-2000LinkedIn501-1000 employeesprimary/secondary education

Other plans on this EIN

1 filing

#001Retirement-$21.5M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$23.3M

+17.9% from 2016

Total participants

351

+3.2% from 2016

Average account balance

$66,310

+14.2% from 2016

Annual return

11.88%

+11.85 pp from 2016

Benchmarks

See 942 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort942 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.99M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

510

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$218

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

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 codes2A2E

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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1K

$4 / participant

Contract admin$1K100.0%

% of EOY assets

0.005%

all-in expense ratio

Categories reported

1 / 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: LOEB & TROPER LLP
Auditor EIN: 131517563
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,310

$74,552-11.1%

$63,018+5.2%

$69,631-4.8%

Participation rate

100.0%

78.3%+21.7pp

74.8%+25.2pp

70.7%+29.3pp

Annual return

11.88%

15.77%-3.9pp

87.62%-75.7pp

27571.02%-27559.1pp

Employer contribution / active EE

$7,482

$2,929+155.5%

$2,761+171.0%

$2,032+268.2%

Participant deferral / active EE

$2,974-100.0%

$3,330-100.0%

$3,224-100.0%

Admin fee / account holder

$59-94.4%

$3,601-99.9%

$110-97.0%

SCHOOL FOR LANGUAGE AND COMMUNICATION EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHOOL FOR LANGUAGE AND COMMUNICATION EMPLOYEES 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