Retirement plan

DC SCHOLARS PUBLIC CHARTER SCHOOL 403(B) RETIREMENT PLAN

Name: DC SCHOLARS PUBLIC CHARTER SCHOOL - DC SCHOLARS PUBLIC CHARTER SCHOOL 403(B) RETIREMENT PLAN (2023) Form 5500
Creator: DC SCHOLARS PUBLIC CHARTER SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DC SCHOLARS PUBLIC CHARTER SCHOOL 403(B) RETIREMENT PLAN, DC SCHOLARS PUBLIC CHARTER SCHOOL

DC SCHOLARS PUBLIC CHARTER SCHOOLEIN 45-2544052Plan #001PY 2023

5601 E. CAPITOL STREET, SE - WASHINGTON, DC 20019202-559-6138dcscholars.orgLinkedIn51-200 employeeseducation management

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1.7M

+8.6% from 2022

Total participants

112

-35.3% from 2022

Average account balance

$18,926

+95.5% from 2022

Annual return

10.07%

+25.35 pp from 2022

Benchmarks

See 4,420 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,420 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.28M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

129

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.

66.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$269K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$218

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC5 years Filed as: KESTRA INVESTMENT SERVICES Service code 71 · EIN 74-2794194 5707 SOUTHWEST PARKWAY · AUSTIN, TX 787353300	Brokerage Fees	$20,537

Plan features & details

Pension benefit codes2F2G2K2M

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$21K

$236 / participant

Contract admin$21K100.0%

% of EOY assets

1.206%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: JM&M
Auditor EIN: 521853933
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$18,926

$46,599-59.4%

$64,101-70.5%

$75,173-74.8%

Participation rate

74.7%

65.9%+8.8pp

72.3%+2.4pp

67.2%+7.5pp

Annual return

10.07%

26.06%-16.0pp

33.72%-23.7pp

160.72%-150.7pp

Employer contribution / active EE

$1,034

$1,975-47.6%

$2,749-62.4%

$2,671-61.3%

Participant deferral / active EE

$2,025

$2,837-28.6%

$3,881-47.8%

$4,126-50.9%

Admin fee / account holder

$228

$2,956-92.3%

$3,070-92.6%

$5,651-96.0%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC5 years

Filed as: KESTRA INVESTMENT SERVICES

Service code 71 · EIN 74-2794194

5707 SOUTHWEST PARKWAY · AUSTIN, TX 787353300

Brokerage Fees

$20,537

DC SCHOLARS PUBLIC CHARTER SCHOOL 403(B) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DC SCHOLARS PUBLIC CHARTER SCHOOL 403(B) RETIREMENT 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