Retirement plan

WALSH JESUIT HIGH SCHOOL 401(K) PLAN

Name: WALSH JESUIT HIGH SCHOOL - WALSH JESUIT HIGH SCHOOL 401(K) PLAN (2017) 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 2017

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

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6M

+25.6% from 2016

Total participants

135

-10.6% from 2016

Average account balance

$45,727

+36.0% from 2016

Annual return

21.06%

+13.79 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

$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 5 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY BANKLING OPERATIONS Service code 27 · EIN 26-4310632	Advisory (Plan)	$23,128
NATIONWIDE1 year Filed as: NATIONWIDE TRUST COMPANY, FSB Service code 19 · EIN 31-1592130	Securities Custodian	$18,618
NOBLE-DAVIS CONSULTING, INC.3+ years Service code 13 · EIN 34-1723189	Contract Administrator	$10,204
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 60 · EIN 04-2647786	Sub-TA Fees	$0
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 99 HARBORSIDE FINANCIAL CTR · JERSEY CITY, NJ 07311	Other Fees	$0

Plan features & details

Pension benefit codes2F2G2J2K2S2T3D2E

Plan features

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$48K

$377 / participant

Other / not subdivided$48K100.0%

% of EOY assets

0.787%

all-in expense ratio

Categories reported

0 / 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

$45,727

$57,976-21.1%

$63,018-27.4%

$62,293-26.6%

Participation rate

97.6%

75.9%+21.7pp

74.8%+22.8pp

69.5%+28.1pp

Annual return

21.06%

17.54%+3.5pp

87.62%-66.6pp

28.90%-7.8pp

Employer contribution / active EE

$2,808

$2,415+16.3%

$2,761+1.7%

$2,042+37.5%

Participant deferral / active EE

$4,026

$2,956+36.2%

$3,330+20.9%

$3,169+27.0%

Admin fee / account holder

$360

$276+30.6%

$3,601-90.0%

$479-24.9%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY BANKLING OPERATIONS

Service code 27 · EIN 26-4310632

Advisory (Plan)

$23,128

NATIONWIDE1 year

Filed as: NATIONWIDE TRUST COMPANY, FSB

Service code 19 · EIN 31-1592130

Securities Custodian

$18,618

NOBLE-DAVIS CONSULTING, INC.3+ years

Service code 13 · EIN 34-1723189

Contract Administrator

$10,204

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 60 · EIN 04-2647786

Sub-TA Fees

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 99

HARBORSIDE FINANCIAL CTR · JERSEY CITY, NJ 07311

Other Fees

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