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 (2017) 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 2017

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

Prospect flagsLow returnsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$761K

-10.9% from 2016

Total participants

-8.1% from 2016

Average account balance

$22,370

-3.0% from 2016

Annual return

9.88%

+9.27 pp from 2016

Benchmarks

See 3,770 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,770 peers

Snapshot2017

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

3 tripped

OpportunityLow employer contribution
Employer 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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$224K

$8633 / participant

Other / not subdivided$224K100.0%

% of EOY assets

29.513%

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

$22,370

$45,041-50.3%

$63,003-64.5%

$70,131-68.1%

Participation rate

100.0%

69.5%+30.5pp

74.8%+25.2pp

69.5%+30.5pp

Annual return

9.88%

18.76%-8.9pp

87.59%-77.7pp

73.14%-63.3pp

Employer contribution / active EE

-$39

$2,052-101.9%

$2,760-101.4%

$2,342-101.7%

Participant deferral / active EE

$1,850

$2,465-24.9%

$3,329-44.4%

$3,332-44.5%

Admin fee / account holder

$6,602

$2,836+132.8%

$3,600+83.4%

$4,645+42.1%

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