Retirement plan

LANDMARK COLLEGE RETIREMENT PLAN

Name: LANDMARK COLLEGE, INC. - LANDMARK COLLEGE RETIREMENT PLAN (2024) Form 5500
Creator: LANDMARK COLLEGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LANDMARK COLLEGE RETIREMENT PLAN, LANDMARK COLLEGE, INC.

LANDMARK COLLEGE, INC.EIN 22-2586208Plan #001PY 2024

19 RIVER ROAD SOUTH - PUTNEY, VT 05346802-387-6814landmark.eduLinkedIn51-200 employeeshigher education

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$44.6M

+10.8% from 2023

Total participants

630

+10.7% from 2023

Average account balance

$87,738

+5.6% from 2023

Annual return

11.60%

-1.61 pp from 2023

Benchmarks

See 955 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort955 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$44.57M

Not enough data

1 years with asset history on file

Average account balance

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

$88K

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.

508

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.

65.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.71M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+11.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$91

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
TRG INVESTMENT ADVISORS, LLC1 year Filed as: TRG INVESTMENT ADVISORS Service code 26 · EIN 03-0215988 P.O. BOX 820 · BRATTLEBORO, VT 053020820	Advisory (Participants)	$34,942
ASCENSUS LLC5 years Filed as: ASCENSUS HOLDINGS, INC. Service code 17 · EIN 82-3719843 PO BOX 979 · BRAINERD, MN 564010979	Pension Consulting	$12,032
TIAA2 years Filed as: TIAA - TEACHERS INSURANCE AND ANNUI Service code 15 · EIN 13-1624203	Recordkeeping	$431

Plan features & details

Pension benefit codes2A2F2G2L2M2T3D

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).
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$46K

$132 / participant

Contract admin$46K100.0%

% of EOY assets

0.104%

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: BONADIO & CO., LLP
Auditor EIN: 161131146
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,738

$91,621-4.2%

$67,511+30.0%

$77,671+13.0%

Participation rate

65.2%

76.0%-10.7pp

72.9%-7.6pp

70.6%-5.3pp

Annual return

11.60%

14.87%-3.3pp

3517.41%-3505.8pp

31.21%-19.6pp

Employer contribution / active EE

$2,594

$3,184-18.5%

$2,733-5.1%

$2,726-4.9%

Participant deferral / active EE

$2,272

$3,906-41.8%

$4,000-43.2%

$4,648-51.1%

Admin fee / account holder

$91

$176-48.1%

$3,999-97.7%

$430-78.7%

Provider

Service type

Compensation

TRG INVESTMENT ADVISORS, LLC1 year

Filed as: TRG INVESTMENT ADVISORS

Service code 26 · EIN 03-0215988

P.O. BOX 820 · BRATTLEBORO, VT 053020820

Advisory (Participants)

$34,942

ASCENSUS LLC5 years

Filed as: ASCENSUS HOLDINGS, INC.

Service code 17 · EIN 82-3719843

PO BOX 979 · BRAINERD, MN 564010979

Pension Consulting

$12,032

TIAA2 years

Filed as: TIAA - TEACHERS INSURANCE AND ANNUI

Service code 15 · EIN 13-1624203

Recordkeeping

$431

LANDMARK COLLEGE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LANDMARK COLLEGE 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