Retirement plan

EMPLOYEE BENEFIT PLAN OF CHAPEL HILL ACADEMY, INC.

Name: EMPLOYEE BENEFIT PLAN OF CHAPEL HILL ACADEMY, INC. - EMPLOYEE BENEFIT PLAN OF CHAPEL HILL ACADEMY, INC. (2016) Form 5500
Creator: EMPLOYEE BENEFIT PLAN OF CHAPEL HILL ACADEMY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF CHAPEL HILL ACADEMY, INC., EMPLOYEE BENEFIT PLAN OF CHAPEL HILL ACADEMY, INC.

EMPLOYEE BENEFIT PLAN OF CHAPEL HILL ACADEMY, INC.EIN 41-0965970Plan #001PY 2016

306 W 78TH ST - CHANHASSEN, MN 55317952-949-9014chapel-hill.orgLinkedIn11-50 employeesprimary/secondary education

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$853K

No prior year

Total participants

No prior year

Average account balance

$23,063

No prior year

Annual return

0.61%

No prior year

Benchmarks

See 3,682 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,682 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.70M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

163.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$105K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+17.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4593

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 codes2E2G2J

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$21K

$782 / participant

Other / not subdivided$21K100.0%

% of EOY assets

2.475%

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

$23,063

$39,132-41.1%

$57,196-59.7%

$62,881-63.3%

Participation rate

100.0%

70.5%+29.5pp

75.3%+24.7pp

69.3%+30.7pp

Annual return

0.61%

9.24%-8.6pp

14.59%-14.0pp

20.14%-19.5pp

Employer contribution / active EE

$2,081

$1,874+11.0%

$2,683-22.5%

$2,281-8.8%

Participant deferral / active EE

$3,341

$2,374+40.7%

$3,096+7.9%

$3,203+4.3%

Admin fee / account holder

$571

$2,594-78.0%

$3,141-81.8%

$4,296-86.7%

EMPLOYEE BENEFIT PLAN OF CHAPEL HILL ACADEMY, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF CHAPEL HILL ACADEMY, INC.

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