Retirement plan

ACADEMY OF THE SACRED HEART 403(B) RETIREMENT SAVINGS PLAN

Name: ACADEMY OF THE SACRED HEART - ACADEMY OF THE SACRED HEART 403(B) RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: ACADEMY OF THE SACRED HEART
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACADEMY OF THE SACRED HEART 403(B) RETIREMENT SAVINGS PLAN, ACADEMY OF THE SACRED HEART

ACADEMY OF THE SACRED HEARTEIN 43-0662494Plan #001PY 2016

619 NORTH SECOND STREET - SAINT CHARLES, MO 63301636-946-4517ash1818.orgLinkedIn11-50 employeesbusiness supplies and equipment

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$5.7M

No prior year

Total participants

No prior year

Average account balance

$68,501

No prior year

Annual return

-0.26%

No prior year

Benchmarks

See 3,684 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,684 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.31M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

135.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$268K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28855

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 codes2F2G2L2M2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
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

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

$701K

$12979 / participant

Other / not subdivided$701K100.0%

% of EOY assets

12.327%

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

$68,501

$39,126+75.1%

$57,181+19.8%

$62,891+8.9%

Participation rate

83.3%

70.5%+12.8pp

75.3%+8.0pp

69.3%+14.0pp

Annual return

-0.26%

9.24%-9.5pp

14.59%-14.8pp

20.14%-20.4pp

Employer contribution / active EE

$2,641

$1,874+40.9%

$2,682-1.6%

$2,281+15.8%

Participant deferral / active EE

$3,943

$2,374+66.1%

$3,096+27.4%

$3,203+23.1%

Admin fee / account holder

$8,444

$2,593+225.7%

$3,139+169.0%

$4,296+96.6%

ACADEMY OF THE SACRED HEART 403(B) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACADEMY OF THE SACRED HEART 403(B) RETIREMENT SAVINGS 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