Retirement plan

COLLEGE OF THE ATLANTIC DC RETIREMENT PLAN

Name: COLLEGE OF THE ATLANTIC - COLLEGE OF THE ATLANTIC DC RETIREMENT PLAN (2017) Form 5500
Creator: COLLEGE OF THE ATLANTIC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLLEGE OF THE ATLANTIC DC RETIREMENT PLAN, COLLEGE OF THE ATLANTIC

COLLEGE OF THE ATLANTICEIN 23-7032625Plan #001PY 2017

105 EDEN STREET - BAR HARBOR, ME 04609207-288-5015coa.eduLinkedIn51-200 employeeshigher education

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$24.1M

+15.1% from 2016

Total participants

265

+1.1% from 2016

Average account balance

$90,776

+13.8% from 2016

Annual return

15.01%

+8.80 pp from 2016

Benchmarks

See 1,431 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.34M

Not enough data

1 years with asset history on file

Average account balance

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

$152K

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.

239

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.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$177

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

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 codes2F2G2L2M2T

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.
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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$25 / participant

Contract admin$3K100.0%

% of EOY assets

0.011%

all-in expense ratio

Categories reported

1 / 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: LAUREN COREY CONSULTING, LLC
Auditor EIN: 472806175
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,776

$57,976+56.6%

$63,018+44.0%

$62,293+45.7%

Participation rate

100.0%

75.9%+24.1pp

74.8%+25.2pp

69.5%+30.5pp

Annual return

15.01%

17.54%-2.5pp

87.62%-72.6pp

28.90%-13.9pp

Employer contribution / active EE

$4,149

$2,415+71.8%

$2,761+50.3%

$2,042+103.2%

Participant deferral / active EE

$4,723

$2,956+59.8%

$3,330+41.9%

$3,169+49.0%

Admin fee / account holder

$10

$276-96.4%

$3,601-99.7%

$479-98.0%

COLLEGE OF THE ATLANTIC DC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLLEGE OF THE ATLANTIC DC 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