Retirement plan

ORANGEBURG PREPARATORY SCHOOLS, INC. EMPLOYEES SAVINGS TRUST

Name: ORANGEBURG PREPARATORY SCHOOLS, INC. - ORANGEBURG PREPARATORY SCHOOLS, INC. EMPLOYEES SAVINGS TRUST (2016) Form 5500
Creator: ORANGEBURG PREPARATORY SCHOOLS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ORANGEBURG PREPARATORY SCHOOLS, INC. EMPLOYEES SAVINGS TRUST, ORANGEBURG PREPARATORY SCHOOLS, INC.

ORANGEBURG PREPARATORY SCHOOLS, INC.EIN 57-0788617Plan #001PY 2016

2651 NORTH ROAD - ORANGEBURG, SC 29118803-534-7970

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2.2M

No prior year

Total participants

115

No prior year

Average account balance

$20,566

No prior year

Annual return

2.40%

No prior year

Benchmarks

See 1,388 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,388 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.04M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

68.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$167K

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

+8.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7300

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 codes2E2F2G2J3D

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.
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 participant contribution
Participant 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

$246K

$2410 / participant

Other / not subdivided$246K100.0%

% of EOY assets

10.966%

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

$20,566

$52,467-60.8%

$57,196-64.0%

$55,167-62.7%

Participation rate

94.1%

75.8%+18.3pp

75.3%+18.8pp

69.0%+25.1pp

Annual return

2.40%

7.72%-5.3pp

14.59%-12.2pp

169.23%-166.8pp

Employer contribution / active EE

$722

$2,477-70.9%

$2,683-73.1%

$1,963-63.2%

Participant deferral / active EE

$464

$2,830-83.6%

$3,096-85.0%

$3,054-84.8%

Admin fee / account holder

$2,255

$269+738.2%

$3,141-28.2%

$504+347.6%

ORANGEBURG PREPARATORY SCHOOLS, INC. EMPLOYEES SAVINGS TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ORANGEBURG PREPARATORY SCHOOLS, INC. EMPLOYEES SAVINGS TRUST

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