Retirement plan

THE AMERICAN COLLEGE TAX DEFERRED ANNUITY PLAN

Name: THE AMERICAN COLLEGE - THE AMERICAN COLLEGE TAX DEFERRED ANNUITY PLAN (2019) Form 5500
Creator: THE AMERICAN COLLEGE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE AMERICAN COLLEGE TAX DEFERRED ANNUITY PLAN, THE AMERICAN COLLEGE

THE AMERICAN COLLEGEEIN 23-1352008Plan #002PY 2019

630 ALLENDALE ROAD, SUITE 400 - KING OF PRUSSIA, PA 19406610-526-1501LinkedIn201-500 employeeseducation management

Other plans on this EIN

1 filing

#001Retirement-$15.8M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$26.9M

+5.9% from 2018

Total participants

293

-1.0% from 2018

Average account balance

$93,744

+9.2% from 2018

Annual return

18.15%

+22.99 pp from 2018

Benchmarks

See 1,482 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,482 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.28M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

331

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+15.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$153

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 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP, INC Service code 13 · EIN 27-2037969	Contract Administrator	$31,387
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC Service code 12 · EIN 04-3046611	Participant loan processing; Recordke...	$23,996

Plan features & details

Pension benefit codes2A2E2G2L2M2T3D

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).
2E
Profit-sharing
Profit-sharing plan.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$60K

$375 / participant

Investment mgmt$24K39.8%
Contract admin$31K52.0%
Other / not subdivided$5K8.2%

% of EOY assets

0.224%

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: EISNERAMPER LLP
Auditor EIN: 131639826
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,744

$60,795+54.2%

$69,483+34.9%

$65,186+43.8%

Participation rate

96.3%

74.9%+21.4pp

74.6%+21.7pp

70.2%+26.1pp

Annual return

18.15%

17.46%+0.7pp

28.99%-10.8pp

29.39%-11.2pp

Employer contribution / active EE

$4,500

$2,452+83.5%

$2,780+61.9%

$2,177+106.7%

Participant deferral / active EE

$6,561

$3,162+107.5%

$3,537+85.5%

$3,514+86.7%

Admin fee / account holder

$210

$314-33.0%

$3,841-94.5%

$847-75.2%

Provider

Service type

Compensation

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT GROUP, INC

Service code 13 · EIN 27-2037969

Contract Administrator

$31,387

LPL FINANCIAL2 years

Filed as: LPL FINANCIAL LLC

Service code 12 · EIN 04-3046611

Participant loan processing; Recordke...

$23,996

THE AMERICAN COLLEGE TAX DEFERRED ANNUITY PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE AMERICAN COLLEGE TAX DEFERRED ANNUITY 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