Retirement plan

THE MOUNT SAINT MARY ACADEMY, INC. 401(K) RETIREMENT PLAN

Name: MOUNT SAINT MARY ACADEMY, INC. - THE MOUNT SAINT MARY ACADEMY, INC. 401(K) RETIREMENT PLAN (2016) Form 5500
Creator: MOUNT SAINT MARY ACADEMY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MOUNT SAINT MARY ACADEMY, INC. 401(K) RETIREMENT PLAN, MOUNT SAINT MARY ACADEMY, INC.

MOUNT SAINT MARY ACADEMY, INC.EIN 22-2981173Plan #001PY 2016

1645 U.S. RT 22 WEST - WATCHUNG, NJ 07069908-757-0108mountsaintmary.orgLinkedIn51-200 employeesprimary/secondary education

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.8M

+12.0% from 2015

Total participants

-4.3% from 2015

Average account balance

$44,115

+18.4% from 2015

Annual return

8.58%

+9.94 pp from 2015

Benchmarks

See 3,682 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,682 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.82M

Not enough data

1 years with asset history on file

Average account balance

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

$82K

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.

84.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$536K

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

+14.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5436

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 codes2E2F2G2J3D

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.
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

$344K

$4852 / participant

Other / not subdivided$344K100.0%

% of EOY assets

8.975%

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

$44,115

$39,132+12.7%

$57,196-22.9%

$62,881-29.8%

Participation rate

98.6%

70.5%+28.1pp

75.3%+23.3pp

69.3%+29.3pp

Annual return

8.58%

9.24%-0.7pp

14.59%-6.0pp

20.14%-11.6pp

Employer contribution / active EE

$2,222

$1,874+18.6%

$2,683-17.2%

$2,281-2.6%

Participant deferral / active EE

$4,230

$2,374+78.2%

$3,096+36.6%

$3,203+32.1%

Admin fee / account holder

$3,959

$2,594+52.6%

$3,141+26.1%

$4,296-7.8%

THE MOUNT SAINT MARY ACADEMY, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MOUNT SAINT MARY ACADEMY, INC. 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