Retirement plan

THE WASHINGTON WALDORF SCHOOL, INC. DEFINED CONTRIBUTION RETIREMENT PLAN

Name: WASHINGTON WALDORF SCHOOL - THE WASHINGTON WALDORF SCHOOL, INC. DEFINED CONTRIBUTION RETIREMENT PLAN (2016) Form 5500
Creator: WASHINGTON WALDORF SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE WASHINGTON WALDORF SCHOOL, INC. DEFINED CONTRIBUTION RETIREMENT PLAN, WASHINGTON WALDORF SCHOOL

WASHINGTON WALDORF SCHOOLEIN 23-7003486Plan #001PY 2016

4800 SANGAMORE RD. - BETHESDA, MD 20816301-229-6107washingtonwaldorf.orgLinkedIn51-200 employeeshigher education

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$4M

No prior year

Total participants

100

No prior year

Average account balance

$43,949

No prior year

Annual return

0.54%

No prior year

Benchmarks

See 3,682 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,682 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.03M

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.

115

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.

145.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$304K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+10.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6540

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 codes2F2L2M2G

Plan features

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.
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.

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

$1.0M

$10825 / participant

Other / not subdivided$1M100.0%

% of EOY assets

25.165%

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

$43,949

$39,132+12.3%

$57,196-23.2%

$62,881-30.1%

Participation rate

91.5%

70.5%+21.0pp

75.3%+16.2pp

69.3%+22.2pp

Annual return

0.54%

9.24%-8.7pp

14.59%-14.1pp

20.14%-19.6pp

Employer contribution / active EE

$615

$1,874-67.2%

$2,683-77.1%

$2,281-73.0%

Participant deferral / active EE

$1,064

$2,374-55.2%

$3,096-65.6%

$3,203-66.8%

Admin fee / account holder

$11,060

$2,594+326.4%

$3,141+252.2%

$4,296+157.5%

THE WASHINGTON WALDORF SCHOOL, INC. DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE WASHINGTON WALDORF SCHOOL, INC. DEFINED CONTRIBUTION 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