Retirement plan

BRIARWOOD ACADEMY, INC. 403(B) TAX DEFERRED ANNUITY RETIREMENT PLAN

Name: BRIARWOOD ACADEMY, INC. - BRIARWOOD ACADEMY, INC. 403(B) TAX DEFERRED ANNUITY RETIREMENT PLAN (2016) Form 5500
Creator: BRIARWOOD ACADEMY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRIARWOOD ACADEMY, INC. 403(B) TAX DEFERRED ANNUITY RETIREMENT PLAN, BRIARWOOD ACADEMY, INC.

BRIARWOOD ACADEMY, INC.EIN 58-1086321Plan #001PY 2016

4859 THOMSON HIGHWAY - WARRENTON, GA 308283803706-595-5641briarwoodmediaco.comLinkedIn1-10 employeesonline media

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$966K

+4.4% from 2015

Total participants

+13.3% from 2015

Average account balance

$17,247

+0.6% from 2015

Annual return

4.41%

+5.50 pp from 2015

Benchmarks

See 3,682 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,682 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.27M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

132.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

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

+14.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2424

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 codes2F2G2L2M2T

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.
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.

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

$55K

$1176 / participant

Other / not subdivided$55K100.0%

% of EOY assets

5.723%

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

$17,247

$39,132-55.9%

$57,196-69.8%

$62,881-72.6%

Participation rate

74.5%

70.5%+4.0pp

75.3%-0.9pp

69.3%+5.2pp

Annual return

4.41%

9.24%-4.8pp

14.59%-10.2pp

20.14%-15.7pp

Employer contribution / active EE

$540

$1,874-71.2%

$2,683-79.9%

$2,281-76.3%

Participant deferral / active EE

$600

$2,374-74.7%

$3,096-80.6%

$3,203-81.3%

Admin fee / account holder

$987

$2,594-62.0%

$3,141-68.6%

$4,296-77.0%

BRIARWOOD ACADEMY, INC. 403(B) TAX DEFERRED ANNUITY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRIARWOOD ACADEMY, INC. 403(B) TAX DEFERRED ANNUITY 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