Retirement plan

CANISIUS HIGH SCHOOL 401(K) RETIREMENT PLAN

Name: CANISIUS HIGH SCHOOL - CANISIUS HIGH SCHOOL 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: CANISIUS HIGH SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CANISIUS HIGH SCHOOL 401(K) RETIREMENT PLAN, CANISIUS HIGH SCHOOL

CANISIUS HIGH SCHOOLEIN 16-0743943Plan #001PY 2024

1180 DELAWARE AVENUE - BUFFALO, NY 14209716-882-0466canisiushigh.orgLinkedIn51-200 employeeshigher education

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$13.3M

+22.6% from 2023

Total participants

115

+1.8% from 2023

Average account balance

$121,876

+20.3% from 2023

Annual return

18.66%

+9.76 pp from 2023

Benchmarks

See 4,471 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,471 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.28M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

109

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.

93.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$746K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+18.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$71

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 4 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.6 years Filed as: MML INVESTORS SERVICES LLC Service code 99 · EIN 04-1590850	Other Fees	$26,541
RIMKUS, MARCIANO & ASSOCIATES, INC.3 years Filed as: RIMKUS MARCIANO & ASSOCIATES Service code 49	Other Services	$5,683
RIMKUS, MARCIANO & ASSOCIATES, INC.3 years Service code 49 3136 WINTON RD S, STE 300 · ROCHESTER, NY 14623	Other Services	$0
VOYA RETIREMENT INSURANCE & ANNUITY3 years Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 64 · EIN 71-0294708	Recordkeeping Fees	$0

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$8K

$86 / participant

Recordkeeping$8K100.0%

% of EOY assets

0.058%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FREED MAXICK CPAS PC
Auditor EIN: 454051133
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,876

$48,327+152.2%

$67,575+80.4%

$80,935+50.6%

Participation rate

93.3%

66.4%+26.9pp

72.9%+20.4pp

67.7%+25.7pp

Annual return

18.66%

18.31%+0.4pp

3528.98%-3510.3pp

35.66%-17.0pp

Employer contribution / active EE

$3,817

$2,022+88.8%

$2,736+39.5%

$2,757+38.5%

Participant deferral / active EE

$4,468

$2,927+52.6%

$4,003+11.6%

$4,299+3.9%

Admin fee / account holder

$71

$3,692-98.1%

$3,993-98.2%

$6,924-99.0%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.6 years

Filed as: MML INVESTORS SERVICES LLC

Service code 99 · EIN 04-1590850

Other Fees

$26,541

RIMKUS, MARCIANO & ASSOCIATES, INC.3 years

Filed as: RIMKUS MARCIANO & ASSOCIATES

Service code 49

Other Services

$5,683

RIMKUS, MARCIANO & ASSOCIATES, INC.3 years

Service code 49

3136 WINTON RD S, STE 300 · ROCHESTER, NY 14623

Other Services

VOYA RETIREMENT INSURANCE & ANNUITY3 years

Filed as: VOYA RETIREMENT INS AND ANNUITY CO

Service code 64 · EIN 71-0294708

Recordkeeping Fees

CANISIUS HIGH SCHOOL 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CANISIUS HIGH SCHOOL 401(K) RETIREMENT 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