Retirement plan

TWIN PARKS MONTESSORI SCHOOLS 401K PS PLAN - CENTRAL PARK

Name: TWIN PARKS MONTESSORI SCHOOLS - TWIN PARKS MONTESSORI SCHOOLS 401K PS PLAN - CENTRAL PARK (2019) Form 5500
Creator: TWIN PARKS MONTESSORI SCHOOLS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TWIN PARKS MONTESSORI SCHOOLS 401K PS PLAN - CENTRAL PARK, TWIN PARKS MONTESSORI SCHOOLS

TWIN PARKS MONTESSORI SCHOOLSEIN 13-3784463Plan #002PY 2019

360 SHORE ROAD, #1200 - LONG BEACH, NY 11561twinparks.orgLinkedIn51-200 employeesprimary/secondary education

Other plans on this EIN

1 filing

#001Retirement-$1.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$661K

+43.8% from 2018

Total participants

-3.9% from 2018

Average account balance

$15,025

+27.5% from 2018

Annual return

23.62%

+32.71 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

$802K

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

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.

165.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$96K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+31.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J2T3D

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.
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

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

$20K

$517 / participant

Other / not subdivided$20K100.0%

% of EOY assets

3.053%

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

$15,025

$45,087-66.7%

$69,483-78.4%

$72,976-79.4%

Participation rate

87.2%

68.5%+18.7pp

74.6%+12.6pp

69.5%+17.7pp

Annual return

23.62%

22.67%+0.9pp

28.99%-5.4pp

81.02%-57.4pp

Employer contribution / active EE

$898

$2,055-56.3%

$2,780-67.7%

$2,440-63.2%

Participant deferral / active EE

$2,001

$2,603-23.1%

$3,537-43.4%

$3,608-44.5%

Admin fee / account holder

$459

$3,057-85.0%

$3,841-88.1%

$5,124-91.0%

TWIN PARKS MONTESSORI SCHOOLS 401K PS PLAN - CENTRAL PARK

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TWIN PARKS MONTESSORI SCHOOLS 401K PS PLAN - CENTRAL PARK

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