Retirement plan

TIEGERMAN SCHOOL EMPLOYEES RETIREMENT PLAN

Name: TIEGERMAN SCHOOL - TIEGERMAN SCHOOL EMPLOYEES RETIREMENT PLAN (2018) Form 5500
Creator: TIEGERMAN SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TIEGERMAN SCHOOL EMPLOYEES RETIREMENT PLAN, TIEGERMAN SCHOOL

TIEGERMAN SCHOOLEIN 11-2739039Plan #003PY 2018

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

Other plans on this EIN

1 filing

#001Retirement-$25.2M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$26.4M

+13.6% from 2017

Total participants

333

-5.1% from 2017

Average account balance

$79,393

+19.7% from 2017

Annual return

8.45%

-3.43 pp from 2017

Benchmarks

See 956 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort956 peers

Snapshot2018

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

Top 3 by compensation

Provider	Service type	Compensation
ACP INVESTMENTS LLC1 year Service code 53 · EIN 20-4506741	Insurance Commissions	$31,145
COMMONWEALTH FINANCIAL NETWORK1 year Service code 26 · EIN 04-2675571	Advisory (Participants)	$12,565
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$785

Plan features & details

Pension benefit codes2A2G3D3H

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).
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.
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

$785

$3 / participant

Contract admin$785100.0%

% of EOY assets

0.003%

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: BKD LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,393

$70,083+13.3%

$59,899+32.5%

$55,725+42.5%

Participation rate

100.0%

78.4%+21.6pp

74.7%+25.3pp

70.9%+29.1pp

Annual return

8.45%

3.13%+5.3pp

3.46%+5.0pp

244.93%-236.5pp

Employer contribution / active EE

$6,607

$2,878+129.5%

$2,723+142.7%

$2,078+217.9%

Participant deferral / active EE

$3,079-100.0%

$3,402-100.0%

$3,356-100.0%

Admin fee / account holder

$70-96.6%

$3,592-99.9%

$115-98.0%

Provider

Service type

Compensation

ACP INVESTMENTS LLC1 year

Service code 53 · EIN 20-4506741

Insurance Commissions

$31,145

COMMONWEALTH FINANCIAL NETWORK1 year

Service code 26 · EIN 04-2675571

Advisory (Participants)

$12,565

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$785

TIEGERMAN SCHOOL EMPLOYEES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TIEGERMAN SCHOOL 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