Retirement plan

MILTON HERSHEY SCHOOL MONEY PURCHASE PENSION PLAN

Name: MILTON HERSHEY SCHOOL - MILTON HERSHEY SCHOOL MONEY PURCHASE PENSION PLAN (2016) Form 5500
Creator: MILTON HERSHEY SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MILTON HERSHEY SCHOOL MONEY PURCHASE PENSION PLAN, MILTON HERSHEY SCHOOL

MILTON HERSHEY SCHOOLEIN 23-1353340Plan #005PY 2016

P.O. BOX 830 - HERSHEY, PA 170330830717-520-2000mhskids.orgLinkedIn1001-5000 employeeseducation management

Other plans on this EIN

2 filings

#003Retirement-$118.4M assets #001Retirement-$81.0M assets

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed August 29, 2024 (most recent of 6 filings on file)

Plan administrator

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1201 Founders Lane

Hershey, PA 17033

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Plans declared (1)

2029 Milton Hershey School 457(f) Plan Deferred Compensation Plan1 emp

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Total assets (EOY)

$88.2M

+11.0% from 2015

Total participants

1,581

+3.1% from 2015

Average account balance

$56,353

+7.5% from 2015

Annual return

6.06%

+4.27 pp from 2015

Benchmarks

See 239 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort239 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$181.07M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

2,339

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.

94.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.48M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29

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 1 by compensation

Provider	Service type	Compensation
TIAA2+ years Service code 19 · EIN 13-1624203	Securities Custodian	$5,312

Plan features & details

Pension benefit codes2A2C2F2G2T3H

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).
2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$7K

$6 / participant

Contract admin$5K79.3%
Other / not subdivided$1K20.7%

% of EOY assets

0.008%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: KPMG
Auditor EIN: 135565207
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,353

$85,199-33.9%

$57,179-1.4%

$63,975-11.9%

Participation rate

98.7%

74.0%+24.6pp

75.3%+23.3pp

71.1%+27.5pp

Annual return

6.06%

10.43%-4.4pp

14.59%-8.5pp

48.65%-42.6pp

Employer contribution / active EE

$5,541

$3,446+60.8%

$2,682+106.6%

$2,182+154.0%

Participant deferral / active EE

$3,109-100.0%

$3,096-100.0%

$3,356-100.0%

Admin fee / account holder

$39-88.9%

$3,139-99.9%

$70-93.9%

Provider

Service type

Compensation

TIAA2+ years

Service code 19 · EIN 13-1624203

Securities Custodian

$5,312

MILTON HERSHEY SCHOOL MONEY PURCHASE PENSION PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MILTON HERSHEY SCHOOL MONEY PURCHASE PENSION PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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