Retirement plan

THE CALAIS SCHOOL 401(K) PLAN FOR NON-UNION EMPLOYEES

Name: THE CALAIS SCHOOL - THE CALAIS SCHOOL 401(K) PLAN FOR NON-UNION EMPLOYEES (2018) Form 5500
Creator: THE CALAIS SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CALAIS SCHOOL 401(K) PLAN FOR NON-UNION EMPLOYEES, THE CALAIS SCHOOL

THE CALAIS SCHOOLEIN 22-1903027Plan #003PY 2018

45 HIGHLAND AVE. - WHIPPANY, NJ 07981973-884-2030thecalaisschool.orgLinkedIn51-200 employeeseducation management

Other plans on this EIN

2 filings

#001Retirement-$2.5M assets #002Retirement-$2.3M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$1.8M

-22.2% from 2017

Total participants

108

+4.9% from 2017

Average account balance

$20,939

-16.9% from 2017

Annual return

-4.38%

-22.88 pp from 2017

Benchmarks

See 3,832 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,832 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.52M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

133

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.

84.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$427K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$172

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

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

2 tripped

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

$707K

$11978 / participant

Other / not subdivided$707K100.0%

% of EOY assets

38.352%

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

$20,939

$43,344-51.7%

$59,899-65.0%

$64,173-67.4%

Participation rate

66.1%

69.2%-3.1pp

74.7%-8.6pp

69.6%-3.5pp

Annual return

-4.38%

-1.55%-2.8pp

3.46%-7.8pp

7.63%-12.0pp

Employer contribution / active EE

$2,860

$2,030+40.9%

$2,723+5.1%

$2,381+20.1%

Participant deferral / active EE

$1,963

$2,547-22.9%

$3,402-42.3%

$3,470-43.4%

Admin fee / account holder

$8,031

$3,008+167.0%

$3,592+123.6%

$4,887+64.3%

THE CALAIS SCHOOL 401(K) PLAN FOR NON-UNION EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CALAIS SCHOOL 401(K) PLAN FOR NON-UNION EMPLOYEES

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