Retirement plan

THE POTOMAC SCHOOL TAX DEFERRED SAVINGS AND RETIREMENT PLAN

Name: THE POTOMAC SCHOOL - THE POTOMAC SCHOOL TAX DEFERRED SAVINGS AND RETIREMENT PLAN (2018) Form 5500
Creator: THE POTOMAC SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE POTOMAC SCHOOL TAX DEFERRED SAVINGS AND RETIREMENT PLAN, THE POTOMAC SCHOOL

THE POTOMAC SCHOOLEIN 54-0562160Plan #001PY 2018

1301 POTOMAC SCHOOL RD - MCLEAN, VA 221012350703-749-6320

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed July 1, 2016 (most recent of 2 filings on file)

Plan administrator

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1301 Potomac School Road

McLean State: VA Zip Code: 22101

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Plans declared (1)

THE POTOMAC SCHOOL 457(f) Deferred Compensation Plan3 emp

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Total assets (EOY)

$71.2M

+11.0% from 2017

Total participants

651

-1.8% from 2017

Average account balance

$119,011

+12.9% from 2017

Annual return

10.07%

-3.64 pp from 2017

Benchmarks

See 956 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort956 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$131.55M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

682

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.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+12.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$75

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

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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 codes2F2G2K2L

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

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$7K

$26 / participant

Contract admin$6K85.1%
Other / not subdivided$1K14.9%

% of EOY assets

0.010%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$119,011

$70,083+69.8%

$59,887+98.7%

$55,725+113.6%

Participation rate

81.1%

78.4%+2.7pp

74.7%+6.4pp

70.9%+10.2pp

Annual return

10.07%

3.13%+6.9pp

3.46%+6.6pp

244.93%-234.9pp

Employer contribution / active EE

$4,926

$2,878+71.1%

$2,722+80.9%

$2,078+137.0%

Participant deferral / active EE

$6,025

$3,079+95.7%

$3,402+77.1%

$3,356+79.6%

Admin fee / account holder

$12

$70-82.5%

$3,591-99.7%

$115-89.3%

THE POTOMAC SCHOOL TAX DEFERRED SAVINGS AND RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE POTOMAC SCHOOL TAX DEFERRED SAVINGS AND RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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