Retirement plan

EXCELSIOR CLASSICAL ACADEMY 401(K) PLAN

Name: EXCELSIOR CLASSICAL ACADEMY - EXCELSIOR CLASSICAL ACADEMY 401(K) PLAN (2019) Form 5500
Creator: EXCELSIOR CLASSICAL ACADEMY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EXCELSIOR CLASSICAL ACADEMY 401(K) PLAN, EXCELSIOR CLASSICAL ACADEMY

EXCELSIOR CLASSICAL ACADEMYEIN 46-5038550Plan #001PY 2019

4100 NORTH ROXBORO ST - DURHAM, NC 27704919-213-8585teamcfa.schoolLinkedIn11-50 employeeseducation management

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$616K

+72.4% from 2018

Total participants

+14.3% from 2018

Average account balance

$10,104

+24.4% from 2018

Annual return

21.61%

+31.03 pp from 2018

Benchmarks

See 3,900 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,900 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.95M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

33.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$393K

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

+13.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5137

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 codes2E2F2G2J2T3D

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.
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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$17K

$323 / participant

Other / not subdivided$17K100.0%

% of EOY assets

2.729%

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

$10,104

$45,082-77.6%

$69,464-85.5%

$72,975-86.2%

Participation rate

94.2%

68.5%+25.7pp

74.6%+19.6pp

69.5%+24.7pp

Annual return

21.61%

22.66%-1.1pp

28.98%-7.4pp

81.01%-59.4pp

Employer contribution / active EE

$1,880

$2,055-8.5%

$2,779-32.4%

$2,440-23.0%

Participant deferral / active EE

$1,898

$2,604-27.1%

$3,536-46.3%

$3,608-47.4%

Admin fee / account holder

$276

$3,057-91.0%

$3,840-92.8%

$5,124-94.6%

EXCELSIOR CLASSICAL ACADEMY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EXCELSIOR CLASSICAL ACADEMY 401(K) 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