Retirement plan

ST. JOHN BOSCO SCHOOLS 401(K) PLAN

Name: ST. JOHN BOSCO SCHOOLS - ST. JOHN BOSCO SCHOOLS 401(K) PLAN (2020) Form 5500
Creator: ST. JOHN BOSCO SCHOOLS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ST. JOHN BOSCO SCHOOLS 401(K) PLAN, ST. JOHN BOSCO SCHOOLS

ST. JOHN BOSCO SCHOOLSEIN 27-3828671Plan #001PY 2020

501 GARFIELD STREET - EAST ROCHESTER, NY 14445585-348-9401johnboscoschools.orgLinkedIn1-10 employeeseducation management

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$134K

+13.8% from 2019

Total participants

+8.1% from 2019

Average account balance

$22,322

-5.2% from 2019

Annual return

13.78%

-38.60 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

$53K

Not enough data

1 years with asset history on file

Average account balance

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

$13K

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.

12.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$109

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

+10.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$146

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$22,322

$49,249-54.7%

$70,476-68.3%

$79,852-72.0%

Participation rate

15.0%

69.2%-54.2pp

75.1%-60.1pp

69.6%-54.6pp

Annual return

13.78%

30.09%-16.3pp

109.12%-95.3pp

31.72%-17.9pp

Employer contribution / active EE

$2,100-100.0%

$2,738-100.0%

$2,471-100.0%

Participant deferral / active EE

$2,769-100.0%

$3,710-100.0%

$3,740-100.0%

Admin fee / account holder

$2,878-100.0%

$3,847-100.0%

$5,306-100.0%

ST. JOHN BOSCO SCHOOLS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ST. JOHN BOSCO SCHOOLS 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion