Retirement plan

SCHOOL OF AMERICAN BALLET RETIREMENT AND SAVINGS PLAN

Name: SCHOOL OF AMERICAN BALLET, INC. - SCHOOL OF AMERICAN BALLET RETIREMENT AND SAVINGS PLAN (2017) Form 5500
Creator: SCHOOL OF AMERICAN BALLET, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHOOL OF AMERICAN BALLET RETIREMENT AND SAVINGS PLAN, SCHOOL OF AMERICAN BALLET, INC.

SCHOOL OF AMERICAN BALLET, INC.EIN 13-1275970Plan #001PY 2017

70 LINCOLN CENTER PLAZA, 5TH FLOOR - NEW YORK, NY 100236592212-769-6600sab.orgLinkedIn51-200 employeesperforming arts

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.9M

+15.4% from 2016

Total participants

+4.3% from 2016

Average account balance

$162,741

+10.6% from 2016

Annual return

12.92%

+6.43 pp from 2016

Benchmarks

See 3,768 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,768 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.66M

Not enough data

1 years with asset history on file

Average account balance

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

$167K

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.

100

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.

175.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$382K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16823

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 codes2F2G2L2S2T

Plan features

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$247K

$4834 / participant

Other / not subdivided$247K100.0%

% of EOY assets

2.075%

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

$162,741

$45,050+261.2%

$63,018+158.2%

$70,126+132.1%

Participation rate

100.0%

69.5%+30.5pp

74.8%+25.2pp

69.5%+30.5pp

Annual return

12.92%

18.76%-5.8pp

87.62%-74.7pp

73.15%-60.2pp

Employer contribution / active EE

$4,483

$2,052+118.5%

$2,761+62.4%

$2,343+91.4%

Participant deferral / active EE

$5,151

$2,466+108.9%

$3,330+54.7%

$3,332+54.6%

Admin fee / account holder

$3,377

$2,834+19.2%

$3,601-6.2%

$4,645-27.3%

SCHOOL OF AMERICAN BALLET RETIREMENT AND SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHOOL OF AMERICAN BALLET RETIREMENT AND SAVINGS 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