Retirement plan

NEW ROAD SCHOOLS OF NEW JERSEY, INC. 401(K) SAVING

Name: NEW ROAD SCHOOLS OF NEW JERSEY - NEW ROAD SCHOOLS OF NEW JERSEY, INC. 401(K) SAVING (2018) Form 5500
Creator: NEW ROAD SCHOOLS OF NEW JERSEY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEW ROAD SCHOOLS OF NEW JERSEY, INC. 401(K) SAVING, NEW ROAD SCHOOLS OF NEW JERSEY

NEW ROAD SCHOOLS OF NEW JERSEYEIN 22-3449747Plan #003PY 2018

3071-A BORDENTOWN AVENUE - PARLIN, NJ 08859732-390-0303nrsnj.comLinkedIn51-200 employees

Other plans on this EIN

1 filing

#002Retirement-$8.7M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$13.2M

+6.6% from 2017

Total participants

117

-28.2% from 2017

Average account balance

$113,667

+13.9% from 2017

Annual return

12.59%

-1.89 pp from 2017

Benchmarks

See 1,431 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.96M

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

125

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.

58.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$513K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$331

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

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Service providers

Top 10 of 12 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES INC. Service code 27 · EIN 13-2638166	Advisory (Plan)	$30,223
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$17,086
AMERICAN FUNDS1 year Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
CALVERT1 year Service code 52 · EIN 52-1531869	Indirect Investment Fees	$0
EATON VANCE1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INVESTMENTS Service code 52 · EIN 04-6056833	Indirect Investment Fees	$0
INVESCO1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT1 year Service code 52 · EIN 04-3379729	Indirect Investment Fees	$0
NEUBERGER BERMAN1 year Service code 52 · EIN 13-6068441	Indirect Investment Fees	$0
RIDGEWORTH1 year Service code 52 · EIN 90-0342299	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$17K

$169 / participant

Investment mgmt$15K90.3%
Contract admin$2K9.7%

% of EOY assets

0.130%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CULLARI CARRICO LLC
Auditor EIN: 270623664
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$113,667

$55,002+106.7%

$59,899+89.8%

$56,289+101.9%

Participation rate

99.0%

75.9%+23.1pp

74.7%+24.3pp

69.9%+29.2pp

Annual return

12.59%

1.13%+11.5pp

3.46%+9.1pp

-9.96%+22.5pp

Employer contribution / active EE

$972

$2,448-60.3%

$2,723-64.3%

$2,111-54.0%

Participant deferral / active EE

$4,669

$3,121+49.6%

$3,402+37.2%

$3,350+39.4%

Admin fee / account holder

$147

$236-37.5%

$3,592-95.9%

$521-71.7%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES INC.

Service code 27 · EIN 13-2638166

Advisory (Plan)

$30,223

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$17,086

AMERICAN FUNDS1 year

Service code 52 · EIN 95-1411037

Indirect Investment Fees

CALVERT1 year

Service code 52 · EIN 52-1531869

Indirect Investment Fees

EATON VANCE1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INVESTMENTS

Service code 52 · EIN 04-6056833

Indirect Investment Fees

INVESCO1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT1 year

Service code 52 · EIN 04-3379729

Indirect Investment Fees

NEUBERGER BERMAN1 year

Service code 52 · EIN 13-6068441

Indirect Investment Fees

RIDGEWORTH1 year

Service code 52 · EIN 90-0342299

Indirect Investment Fees

NEW ROAD SCHOOLS OF NEW JERSEY, INC. 401(K) SAVING

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEW ROAD SCHOOLS OF NEW JERSEY, INC. 401(K) SAVING

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