Retirement plan

VALLEY DAY SCHOOL, INC. DISCRETIONARY CONTRIBUTION PENSION PLAN & TRUST

Name: VALLEY DAY SCHOOL, INC. - VALLEY DAY SCHOOL, INC. DISCRETIONARY CONTRIBUTION PENSION PLAN & TRUST (2023) Form 5500
Creator: VALLEY DAY SCHOOL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VALLEY DAY SCHOOL, INC. DISCRETIONARY CONTRIBUTION PENSION PLAN & TRUST, VALLEY DAY SCHOOL, INC.

VALLEY DAY SCHOOL, INC.EIN 23-1526669Plan #001PY 2023

300 ALLENDALE DRIVE - MORRISVILLE, PA 19067215-295-1155LinkedIn11-50 employeesprimary/secondary education

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4.4M

-8.7% from 2022

Total participants

+1.5% from 2022

Average account balance

$68,087

-7.3% from 2022

Annual return

5.90%

+14.69 pp from 2022

Benchmarks

See 4,420 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,420 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.26M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

113.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$444K

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

+8.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20660

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$33566 / participant

Other / not subdivided$1M100.0%

% of EOY assets

26.960%

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

$68,087

$46,599+46.1%

$64,101+6.2%

$75,173-9.4%

Participation rate

94.3%

65.9%+28.3pp

72.3%+22.0pp

67.2%+27.1pp

Annual return

5.90%

26.06%-20.2pp

33.72%-27.8pp

160.72%-154.8pp

Employer contribution / active EE

$10,971

$1,975+455.4%

$2,749+299.2%

$2,671+310.8%

Participant deferral / active EE

$2,690

$2,837-5.2%

$3,881-30.7%

$4,126-34.8%

Admin fee / account holder

$18,356

$2,956+521.0%

$3,070+497.9%

$5,651+224.9%

VALLEY DAY SCHOOL, INC. DISCRETIONARY CONTRIBUTION PENSION PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VALLEY DAY SCHOOL, INC. DISCRETIONARY CONTRIBUTION PENSION PLAN & TRUST

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