Retirement plan

MSHSAA 401(K) PROFIT SHARING PLAN

Name: MISSOURI STATE HIGH SCHOOL ACTIVITIES ASSOC - MSHSAA 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: MISSOURI STATE HIGH SCHOOL ACTIVITIES ASSOC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MSHSAA 401(K) PROFIT SHARING PLAN, MISSOURI STATE HIGH SCHOOL ACTIVITIES ASSOC

MISSOURI STATE HIGH SCHOOL ACTIVITIES ASSOCEIN 43-0728928Plan #001PY 2022

PO BOX 7190 - OVERLAND PARK, KS 66207913-648-5526LinkedIn1-10 employeese-learning

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

-19.3% from 2021

Total participants

-17.2% from 2021

Average account balance

$82,398

-26.4% from 2021

Annual return

-20.25%

-52.55 pp from 2021

Benchmarks

See 6,939 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,939 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.43M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

138.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$197K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16710

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 codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
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.
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

1 tripped

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

$142K

$8853 / participant

Other / not subdivided$142K100.0%

% of EOY assets

7.474%

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

$82,398

$67,352+22.3%

$60,899+35.3%

$134,509-38.7%

Participation rate

93.8%

76.2%+17.6pp

73.1%+20.6pp

81.2%+12.5pp

Annual return

-20.25%

49.99%-70.2pp

16.92%-37.2pp

418.13%-438.4pp

Employer contribution / active EE

$7,816

$3,098+152.3%

$2,702+189.2%

$4,741+64.9%

Participant deferral / active EE

$2,211

$4,539-51.3%

$3,817-42.1%

$6,400-65.5%

Admin fee / account holder

$6,159

$4,585+34.3%

$3,225+91.0%

$11,427-46.1%

MSHSAA 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MSHSAA 401(K) PROFIT SHARING 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