Retirement plan

403(B) THRIFT PLAN OF COOKE SCHOOL AND INSTITUTE

Name: COOKE SCHOOL AND INSTITUTE - 403(B) THRIFT PLAN OF COOKE SCHOOL AND INSTITUTE (2024) Form 5500
Creator: COOKE SCHOOL AND INSTITUTE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 403(B) THRIFT PLAN OF COOKE SCHOOL AND INSTITUTE, COOKE SCHOOL AND INSTITUTE

COOKE SCHOOL AND INSTITUTEEIN 13-3396691Plan #001PY 2024

1713 MADISON AVE - NEW YORK, NY 10029646-273-5555cookeschool.orgLinkedIn201-500 employeeseducation management

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$24M

+17.8% from 2023

Total participants

409

-9.5% from 2023

Average account balance

$61,168

+23.8% from 2023

Annual return

13.76%

-4.49 pp from 2023

Benchmarks

See 1,035 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort1,035 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.98M

Not enough data

1 years with asset history on file

Average account balance

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

$61K

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.

392

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.

94.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.07M

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

+13.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$239

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
TRANSAMERICA RETIREMENT SOLUTIONS2 years Service code 12 · EIN 13-3689044	Investment management; Float revenue;...	$54,367
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MML INVESTORS SERVICES LLC Service code 27 · EIN 04-1590850	Advisory (Plan)	$39,393
NATIONAL FINANCIAL SERVICES2 years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2F2G2M2S2T3D

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.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts 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.
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.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$94K

$321 / participant

Recordkeeping$54K58.0%
Investment mgmt$39K42.0%

% of EOY assets

0.391%

all-in expense ratio

Categories reported

2 / 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: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,168

$65,960-7.3%

$81,882-25.3%

$77,762-21.3%

Participation rate

94.2%

65.8%+28.4pp

72.4%+21.8pp

70.6%+23.6pp

Annual return

13.76%

26.64%-12.9pp

779.47%-765.7pp

31.27%-17.5pp

Employer contribution / active EE

$3,283

$2,375+38.2%

$2,916+12.6%

$2,728+20.4%

Participant deferral / active EE

$3,806

$3,505+8.6%

$4,323-12.0%

$4,651-18.2%

Admin fee / account holder

$239

$526-54.6%

$7,360-96.8%

$433-44.7%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Service code 12 · EIN 13-3689044

Investment management; Float revenue;...

$54,367

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MML INVESTORS SERVICES LLC

Service code 27 · EIN 04-1590850

Advisory (Plan)

$39,393

NATIONAL FINANCIAL SERVICES2 years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

403(B) THRIFT PLAN OF COOKE SCHOOL AND INSTITUTE

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

403(B) THRIFT PLAN OF COOKE SCHOOL AND INSTITUTE

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