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 (2017) 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 2017

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)

$4.1M

+5.6% from 2016

Total participants

-13.6% from 2016

Average account balance

$53,325

+20.9% from 2016

Annual return

14.29%

+5.70 pp from 2016

Benchmarks

See 3,769 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,769 peers

Snapshot2017

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

$804K

$12182 / participant

Other / not subdivided$804K100.0%

% of EOY assets

19.838%

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

$53,325

$45,043+18.4%

$63,005-15.4%

$70,124-24.0%

Participation rate

100.0%

69.5%+30.5pp

74.8%+25.2pp

69.5%+30.5pp

Annual return

14.29%

18.76%-4.5pp

87.59%-73.3pp

73.14%-58.9pp

Employer contribution / active EE

$2,429

$2,052+18.4%

$2,760-12.0%

$2,342+3.7%

Participant deferral / active EE

$4,550

$2,466+84.6%

$3,329+36.7%

$3,332+36.6%

Admin fee / account holder

$10,579

$2,833+273.4%

$3,599+193.9%

$4,645+127.7%

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