Retirement plan

BROOKFIELD ACADEMY RETIREMENT PLAN

Name: ACADEMY OF BASIC EDUCATION - BROOKFIELD ACADEMY RETIREMENT PLAN (2017) Form 5500
Creator: ACADEMY OF BASIC EDUCATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BROOKFIELD ACADEMY RETIREMENT PLAN, ACADEMY OF BASIC EDUCATION

ACADEMY OF BASIC EDUCATIONdba BROOKFIELD ACADEMYEIN 39-0987840Plan #001PY 2017

3462 N BROOKFIELD RD. - BROOKFIELD, WI 53045262-783-3200LinkedIn201-500 employeesprimary/secondary education

Other plans on this EIN

1 filing

#002Retirement-$4.8M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$14.5M

+21.9% from 2016

Total participants

177

-3.8% from 2016

Average account balance

$88,221

+18.9% from 2016

Annual return

13.90%

+0.47 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

$23.14M

Not enough data

1 years with asset history on file

Average account balance

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

$113K

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.

205

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$79

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 codes2J2G2F

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.
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.

Opportunity flags

0 tripped

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

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: CLIFTONLARSENALLEN, LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,221

$57,976+52.2%

$63,018+40.0%

$62,293+41.6%

Participation rate

90.5%

75.9%+14.6pp

74.8%+15.7pp

69.5%+21.0pp

Annual return

13.90%

17.54%-3.6pp

87.62%-73.7pp

28.90%-15.0pp

Employer contribution / active EE

$2,609

$2,415+8.0%

$2,761-5.5%

$2,042+27.7%

Participant deferral / active EE

$5,097

$2,956+72.5%

$3,330+53.1%

$3,169+60.8%

Admin fee / account holder

$276-100.0%

$3,601-100.0%

$479-100.0%

BROOKFIELD ACADEMY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BROOKFIELD ACADEMY RETIREMENT 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