Retirement plan

EMPLOYEE BENEFIT PLAN OF THE MONTESSORI SCHOOL OF WESTMINSTER, INC.

Name: THE MONTESSORI SCHOOL OF WESTMINSTER, INC. - EMPLOYEE BENEFIT PLAN OF THE MONTESSORI SCHOOL OF WESTMINSTER, INC. (2021) Form 5500
Creator: THE MONTESSORI SCHOOL OF WESTMINSTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE BENEFIT PLAN OF THE MONTESSORI SCHOOL OF WESTMINSTER, INC., THE MONTESSORI SCHOOL OF WESTMINSTER, INC.

THE MONTESSORI SCHOOL OF WESTMINSTER, INC.EIN 52-0995239Plan #001PY 2021

1055 MONTESSORI DR - WESTMINSTER, MD 211582962410-848-6283montessorischoolofwestminster.orgLinkedIn11-50 employeeseducation management

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$690K

+7.9% from 2020

Total participants

0.0% from 2020

Average account balance

$25,568

+7.9% from 2020

Annual return

17.71%

+10.16 pp from 2020

Benchmarks

See 6,479 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,479 peers

Snapshot2021

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$889K

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

116.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$40K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+31.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1691

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

See the 10-year trajectory. $4.99 for your first month.

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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 codes2F2G2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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 employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$108K

$5422 / participant

Other / not subdivided$108K100.0%

% of EOY assets

15.708%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$25,568

$84,696-69.8%

$75,696-66.2%

$167,490-84.7%

Participation rate

100.0%

77.8%+22.2pp

74.8%+25.2pp

82.1%+17.9pp

Annual return

17.71%

199.36%-181.6pp

104.53%-86.8pp

478.56%-460.8pp

Employer contribution / active EE

$265

$3,230-91.8%

$2,743-90.3%

$4,837-94.5%

Participant deferral / active EE

$2,004

$4,580-56.3%

$3,821-47.6%

$6,341-68.4%

Admin fee / account holder

$4,016

$5,355-25.0%

$3,619+11.0%

$12,309-67.4%

EMPLOYEE BENEFIT PLAN OF THE MONTESSORI SCHOOL OF WESTMINSTER, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE BENEFIT PLAN OF THE MONTESSORI SCHOOL OF WESTMINSTER, INC.

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