Retirement plan

THE ASSOCIATION OF BOARDING SCHOOLS 403(B) TDA PLAN

Name: THE ASSOC. OF BOARDING SCHOOLS - THE ASSOCIATION OF BOARDING SCHOOLS 403(B) TDA PLAN (2020) Form 5500
Creator: THE ASSOC. OF BOARDING SCHOOLS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE ASSOCIATION OF BOARDING SCHOOLS 403(B) TDA PLAN, THE ASSOC. OF BOARDING SCHOOLS

THE ASSOC. OF BOARDING SCHOOLSEIN 52-2206491Plan #002PY 2020

1 N PACK SQ STE 301 - ASHEVILLE, NC 288013400828-258-5354

Other plans on this EIN

1 filing

#001Retirement-$1.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$857K

+53.1% from 2019

Total participants

+7.7% from 2019

Average account balance

$61,191

+42.2% from 2019

Annual return

47.92%

+32.13 pp from 2019

Benchmarks

See 6,200 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort6,200 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.60M

Not enough data

1 years with asset history on file

Average account balance

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

$100K

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.

177.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$107K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+13.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6680

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 codes2F2G2L2M

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.

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

$46K

$5066 / participant

Other / not subdivided$46K100.0%

% of EOY assets

5.322%

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

$61,191

$81,632-25.0%

$70,455-13.1%

$158,931-61.5%

Participation rate

100.0%

77.7%+22.3pp

75.1%+24.9pp

82.0%+18.0pp

Annual return

47.92%

208.48%-160.6pp

109.06%-61.1pp

302.86%-254.9pp

Employer contribution / active EE

$3,217-100.0%

$2,737-100.0%

$4,761-100.0%

Participant deferral / active EE

$8,256

$4,554+81.3%

$3,709+122.6%

$5,982+38.0%

Admin fee / account holder

$3,257

$6,193-47.4%

$3,845-15.3%

$11,247-71.0%

THE ASSOCIATION OF BOARDING SCHOOLS 403(B) TDA PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE ASSOCIATION OF BOARDING SCHOOLS 403(B) TDA 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