Retirement plan

POTSDAM AUXILIARY & COLLEGE EDUCATIONAL SERVICES, INC. 403(B) CUSTODIAL PLAN

Name: POTSDAM AUXILIARY AND COLLEGE EDUCATIONAL SERVICES INC - POTSDAM AUXILIARY & COLLEGE EDUCATIONAL SERVICES, INC. 403(B) CUSTODIAL PLAN (2016) Form 5500
Creator: POTSDAM AUXILIARY AND COLLEGE EDUCATIONAL SERVICES INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, POTSDAM AUXILIARY & COLLEGE EDUCATIONAL SERVICES, INC. 403(B) CUSTODIAL PLAN, POTSDAM AUXILIARY AND COLLEGE EDUCATIONAL SERVICES INC

POTSDAM AUXILIARY AND COLLEGE EDUCATIONAL SERVICES INCEIN 15-0532293Plan #005PY 2016

44 PIERREPONT AVENUE, MERRITT HALL - POTSDAM, NY 136762200315-267-2148LinkedIn501-1000 employeesrestaurants

Other plans on this EIN

2 filings

#002Retirement-$5.3M assets #006Retirement-$3.4M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$634K

No prior year

Total participants

158

No prior year

Average account balance

$11,127

No prior year

Annual return

7.13%

No prior year

Benchmarks

See 875 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants100-249

Cohort875 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.05M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

51.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$657

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

+12.51%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4053

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

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Service providers

Top 1 by compensation

Provider	Service type	Compensation
BENEFIT PLANS ADMIN SERVICES, INC.2+ years Filed as: BENEFIT PLANS ADMIN SERVICES Service code 15 · EIN 16-1503696	Recordkeeping	$5,829

Plan features & details

Pension benefit codes2A2F2H2L

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.

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

$6K

$38 / participant

Investment mgmt$4K61.2%
Contract admin$2K35.8%
Other / not subdivided$1753.0%

% of EOY assets

0.919%

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: BOWERS & COMPANY CPAS, PLLC
Auditor EIN: 201317788
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$11,127

$25,723-56.7%

$69,182-83.9%

$55,167-79.8%

Participation rate

33.6%

39.4%-5.9pp

55.1%-21.6pp

69.0%-35.4pp

Annual return

7.13%

9.56%-2.4pp

-21.93%+29.1pp

169.23%-162.1pp

Employer contribution / active EE

$161

$480-66.5%

$1,206-86.6%

$1,963-91.8%

Participant deferral / active EE

$347

$963-64.0%

$1,897-81.7%

$3,054-88.6%

Admin fee / account holder

$102

$365-72.0%

$2,697-96.2%

$504-79.7%

Provider

Service type

Compensation

BENEFIT PLANS ADMIN SERVICES, INC.2+ years

Filed as: BENEFIT PLANS ADMIN SERVICES

Service code 15 · EIN 16-1503696

Recordkeeping

$5,829

POTSDAM AUXILIARY & COLLEGE EDUCATIONAL SERVICES, INC. 403(B) CUSTODIAL PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

POTSDAM AUXILIARY & COLLEGE EDUCATIONAL SERVICES, INC. 403(B) CUSTODIAL 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