Retirement plan

THE CLEARVIEW SCHOOL 401(K) SAVINGS PLAN

Name: CLEARVIEW SCHOOL - THE CLEARVIEW SCHOOL 401(K) SAVINGS PLAN (2016) Form 5500
Creator: CLEARVIEW SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CLEARVIEW SCHOOL 401(K) SAVINGS PLAN, CLEARVIEW SCHOOL

CLEARVIEW SCHOOLEIN 13-2554243Plan #002PY 2016

480 ALBANY POST ROAD - BRIARCLIFF MANOR, NY 105102436914-941-9513

Other plans on this EIN

1 filing

#001Retirement-$3.1M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.2M

+8.1% from 2015

Total participants

143

-0.7% from 2015

Average account balance

$35,210

+4.5% from 2015

Annual return

9.15%

+8.91 pp from 2015

Benchmarks

See 1,388 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,388 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.40M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

120

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.

75.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$321K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+17.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4617

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

Top 1 by compensation

Provider	Service type	Compensation
PENTEGRA SERVICES, INC.1 year Service code 15 · EIN 13-3745616 701 WESTCHESTER AVE. · WHITE PLAINS, NY 106043805	Recordkeeping	$8,073

Plan features & details

Pension benefit codes2E2F2G2J2T

Plan features

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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$8K

$65 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.252%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KERRY MOLLY, CPA
Auditor EIN: 133774629
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,210

$52,467-32.9%

$57,196-38.4%

$55,167-36.2%

Participation rate

58.4%

75.8%-17.4pp

75.3%-16.9pp

69.0%-10.6pp

Annual return

9.15%

7.72%+1.4pp

14.59%-5.4pp

169.23%-160.1pp

Employer contribution / active EE

$2,477-100.0%

$2,683-100.0%

$1,963-100.0%

Participant deferral / active EE

$1,506

$2,830-46.8%

$3,096-51.3%

$3,054-50.7%

Admin fee / account holder

$89

$269-67.0%

$3,141-97.2%

$504-82.4%

Provider

Service type

Compensation

PENTEGRA SERVICES, INC.1 year

Service code 15 · EIN 13-3745616

701 WESTCHESTER AVE. · WHITE PLAINS, NY 106043805

Recordkeeping

$8,073

THE CLEARVIEW SCHOOL 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CLEARVIEW SCHOOL 401(K) 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