Retirement plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF HUNTERS POINT BOARDING SCHOOL

Name: HUNTERS POINT BOARDING SCHOOL - 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF HUNTERS POINT BOARDING SCHOOL (2020) Form 5500
Creator: HUNTERS POINT BOARDING SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF HUNTERS POINT BOARDING SCHOOL, HUNTERS POINT BOARDING SCHOOL

HUNTERS POINT BOARDING SCHOOLEIN 27-2888082Plan #001PY 2020

ROUTE 12, SOUTH LUPTON ROAD - ST. MICHAELS, AZ 86511928-871-4439hpbs-az.orgLinkedIn11-50 employeeseducation management

Prospect flagsLow returnsHigh feesLow assets / participant

How to read this page

Total assets (EOY)

$301K

+109.4% from 2019

Total participants

+9.1% from 2019

Average account balance

$6,394

+87.1% from 2019

Annual return

3.13%

+3.13 pp from 2019

Benchmarks

See 3,929 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,929 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$792K

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

107.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$180K

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

+9.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4940

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 codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 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.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$33K

$713 / participant

Other / not subdivided$33K100.0%

% of EOY assets

10.920%

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

$6,394

$49,249-87.0%

$70,476-90.9%

$79,852-92.0%

Participation rate

71.7%

69.2%+2.6pp

75.1%-3.3pp

69.6%+2.1pp

Annual return

3.13%

30.09%-27.0pp

109.12%-106.0pp

31.72%-28.6pp

Employer contribution / active EE

$2,590

$2,100+23.3%

$2,738-5.4%

$2,471+4.8%

Participant deferral / active EE

$1,439

$2,769-48.0%

$3,710-61.2%

$3,740-61.5%

Admin fee / account holder

$698

$2,878-75.7%

$3,847-81.8%

$5,306-86.8%

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF HUNTERS POINT BOARDING SCHOOL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF HUNTERS POINT BOARDING SCHOOL

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