Retirement plan

SCHOOL OF AMERICAN BALLET RETIREMENT AND SAVINGS PLAN

Name: SCHOOL OF AMERICAN BALLET, INC. - SCHOOL OF AMERICAN BALLET RETIREMENT AND SAVINGS PLAN (2019) 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 2019

70 LINCOLN CENTER PLAZA, 5TH FLOOR - NEW YORK, NY 100236592212-769-6631sab.orgLinkedIn51-200 employeesperforming arts

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.6M

+6.5% from 2018

Total participants

+10.5% from 2018

Average account balance

$149,711

-6.2% from 2018

Annual return

20.74%

+23.16 pp from 2018

Benchmarks

See 3,898 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,898 peers

Snapshot2019

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

$2.2M

$42504 / participant

Other / not subdivided$2M100.0%

% of EOY assets

17.237%

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

$149,711

$45,087+232.0%

$69,483+115.5%

$72,976+105.2%

Participation rate

100.0%

68.5%+31.5pp

74.6%+25.4pp

69.5%+30.5pp

Annual return

20.74%

22.67%-1.9pp

28.99%-8.3pp

81.02%-60.3pp

Employer contribution / active EE

$4,428

$2,055+115.5%

$2,780+59.3%

$2,440+81.5%

Participant deferral / active EE

$5,039

$2,603+93.6%

$3,537+42.5%

$3,608+39.7%

Admin fee / account holder

$25,806

$3,057+744.2%

$3,841+571.9%

$5,124+403.6%

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