Retirement plan

WALSH JESUIT HIGH SCHOOL 401(K) PLAN

Name: WALSH JESUIT HIGH SCHOOL - WALSH JESUIT HIGH SCHOOL 401(K) PLAN (2016) Form 5500
Creator: WALSH JESUIT HIGH SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WALSH JESUIT HIGH SCHOOL 401(K) PLAN, WALSH JESUIT HIGH SCHOOL

WALSH JESUIT HIGH SCHOOLEIN 34-0947373Plan #003PY 2016

4550 WYOGA LAKE ROAD - CUYAHOGA FALLS, OH 44224330-929-4205

Prospect flagsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$4.8M

+19.5% from 2015

Total participants

151

+0.7% from 2015

Average account balance

$33,611

+17.9% from 2015

Annual return

7.27%

+8.03 pp from 2015

Benchmarks

See 1,388 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,388 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.39M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

167

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.11M

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

+12.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$271

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

Top 3 by compensation

Provider	Service type	Compensation
NATIONWIDE2+ years Service code 19 · EIN 31-1592130 10 W. NATIONWIDE BLVD · COLUMBUS, OH 43215	Securities Custodian	$21,921
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY BANKLING OPERATIONS Service code 27 · EIN 26-4310632 1300 THAMES ST WHARF 4TH FL · BALTIMORE, MD 21231	Advisory (Plan)	$16,852
NOBLE-DAVIS CONSULTING, INC.2+ years Service code 13 · EIN 34-1723189 30275 BAINBRIDGE RD., BLDG B · SOLON, OH 44139	Contract Administrator	$7,665

Plan features & details

Pension benefit codes2A2E2F2G2J2K3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$46K

$352 / participant

Investment mgmt$39K83.5%
Contract admin$8K16.5%

% of EOY assets

0.966%

all-in expense ratio

Categories reported

2 / 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: SIKICH, LLP
Auditor EIN: 363168081
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,611

$52,467-35.9%

$57,196-41.2%

$55,167-39.1%

Participation rate

93.9%

75.8%+18.1pp

75.3%+18.6pp

69.0%+24.9pp

Annual return

7.27%

7.72%-0.4pp

14.59%-7.3pp

169.23%-162.0pp

Employer contribution / active EE

$2,486

$2,477+0.3%

$2,683-7.3%

$1,963+26.7%

Participant deferral / active EE

$3,817

$2,830+34.9%

$3,096+23.3%

$3,054+25.0%

Admin fee / account holder

$325

$269+20.7%

$3,141-89.7%

$504-35.6%

Provider

Service type

Compensation

NATIONWIDE2+ years

Service code 19 · EIN 31-1592130

10 W. NATIONWIDE BLVD · COLUMBUS, OH 43215

Securities Custodian

$21,921

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY BANKLING OPERATIONS

Service code 27 · EIN 26-4310632

1300 THAMES ST WHARF 4TH FL · BALTIMORE, MD 21231

Advisory (Plan)

$16,852

NOBLE-DAVIS CONSULTING, INC.2+ years

Service code 13 · EIN 34-1723189

30275 BAINBRIDGE RD., BLDG B · SOLON, OH 44139

Contract Administrator

$7,665

WALSH JESUIT HIGH SCHOOL 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WALSH JESUIT HIGH SCHOOL 401(K) 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