Retirement plan

GLENELG COUNTRY SCHOOL DC RETIREMENT PLAN

Name: GLENELG COUNTRY SCHOOL - GLENELG COUNTRY SCHOOL DC RETIREMENT PLAN (2024) Form 5500
Creator: GLENELG COUNTRY SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GLENELG COUNTRY SCHOOL DC RETIREMENT PLAN, GLENELG COUNTRY SCHOOL

GLENELG COUNTRY SCHOOLEIN 52-0674564Plan #001PY 2024

12793 FOLLY QUARTER ROAD - ELLICOTT CITY, MD 21042410-531-8600glenelg.orgLinkedIn51-200 employeesprimary/secondary education

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$34.5M

+11.0% from 2023

Total participants

396

+2.1% from 2023

Average account balance

$87,345

+8.1% from 2023

Annual return

13.55%

-2.59 pp from 2023

Benchmarks

See 1,578 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,578 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$34.50M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

395

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.03M

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

+13.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

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
TIAA4 years Service code 64 · EIN 13-1624203	Recordkeeping Fees	$475

Plan features & details

Pension benefit codes2L2F2G2A3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$475

$3 / participant

Contract admin$475100.0%

% of EOY assets

0.001%

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: SMITH & HOWARD
Auditor EIN: 581250486
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$87,345

$69,771+25.2%

$67,524+29.4%

$74,400+17.4%

Participation rate

99.4%

71.4%+28.0pp

72.9%+26.5pp

67.2%+32.2pp

Annual return

13.55%

-40.49%+54.0pp

3519.41%-3505.9pp

1367.51%-1354.0pp

Employer contribution / active EE

$1,950

$2,710-28.0%

$2,734-28.7%

$2,624-25.7%

Participant deferral / active EE

$4,630

$3,638+27.3%

$4,001+15.7%

$4,348+6.5%

Admin fee / account holder

$889-99.9%

$4,001-100.0%

$1,944-99.9%

Provider

Service type

Compensation

TIAA4 years

Service code 64 · EIN 13-1624203

Recordkeeping Fees

$475

GLENELG COUNTRY SCHOOL DC RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GLENELG COUNTRY SCHOOL DC 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