Retirement plan

JOINT SCHOOL DIST 1 VILLAGE OF AUBURNDALE MONEY PURCHASE PLAN

Name: JOINT SCHOOL DIST 1 VILLAGE OF AUBURNDALE - JOINT SCHOOL DIST 1 VILLAGE OF AUBURNDALE MONEY PURCHASE PLAN (2018) Form 5500
Creator: JOINT SCHOOL DIST 1 VILLAGE OF AUBURNDALE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOINT SCHOOL DIST 1 VILLAGE OF AUBURNDALE MONEY PURCHASE PLAN, JOINT SCHOOL DIST 1 VILLAGE OF AUBURNDALE

JOINT SCHOOL DIST 1 VILLAGE OF AUBURNDALEEIN 39-6000785Plan #001PY 2018

PO BOX 139 - AUBURNDALE, WI 544120139715-652-2115LinkedIn11-50 employeesprimary/secondary education

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$808K

-3.5% from 2017

Total participants

-13.3% from 2017

Average account balance

$31,066

+11.4% from 2017

Annual return

8.46%

-3.26 pp from 2017

Benchmarks

See 5,839 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,839 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$529K

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

110.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$978

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

+11.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68

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 codes2C2F2G2T3D

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$125K

$5971 / participant

Other / not subdivided$125K100.0%

% of EOY assets

15.525%

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

$31,066

$69,518-55.3%

$59,887-48.1%

$135,379-77.1%

Participation rate

100.0%

77.8%+22.2pp

74.7%+25.3pp

82.6%+17.4pp

Annual return

8.46%

7.95%+0.5pp

3.46%+5.0pp

519.79%-511.3pp

Employer contribution / active EE

$1,044

$3,235-67.7%

$2,722-61.7%

$4,779-78.2%

Participant deferral / active EE

$4,204-100.0%

$3,402-100.0%

$5,609-100.0%

Admin fee / account holder

$4,823

$5,734-15.9%

$3,591+34.3%

$10,828-55.5%

JOINT SCHOOL DIST 1 VILLAGE OF AUBURNDALE MONEY PURCHASE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOINT SCHOOL DIST 1 VILLAGE OF AUBURNDALE MONEY PURCHASE 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