Retirement plan

KENTUCKY COUNTRY DAY SCHOOL 403(B) DC PLAN

Name: KENTUCKY COUNTRY DAY SCHOOL, INC. - KENTUCKY COUNTRY DAY SCHOOL 403(B) DC PLAN (2024) Form 5500
Creator: KENTUCKY COUNTRY DAY SCHOOL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KENTUCKY COUNTRY DAY SCHOOL 403(B) DC PLAN, KENTUCKY COUNTRY DAY SCHOOL, INC.

KENTUCKY COUNTRY DAY SCHOOL, INC.EIN 61-0731998Plan #001PY 2024

4100 SPRINGDALE RD - LOUISVILLE, KY 402411166502-423-0440kcd.orgLinkedIn51-200 employeesinsurance

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$47.5M

+10.7% from 2023

Total participants

352

+1.1% from 2023

Average account balance

$137,964

+9.4% from 2023

Annual return

12.43%

-2.08 pp from 2023

Benchmarks

See 1,577 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,577 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$47.46M

Not enough data

1 years with asset history on file

Average account balance

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

$138K

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.

344

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.

95.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.79M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+12.43%

Not enough data

1 years with return on file

Admin fee / account holder

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

$318

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
TIAA7 years Service code 23 · EIN 13-1624203 730 THIRD AVENUE · NEW YORK, NY 100173206	Insurance services	$54,994
BAIRD FUNDS2 years Filed as: ROBERT W. BAIRD & CO., INC. Service code 21 · EIN 39-6037914 777 E. WISCONSIN AVENUE · MILWAUKEE, WI 53202	Bank Trustee	$44,044
DEMING MALONE LIVESAY & OSTROFF1 year Filed as: DEMING, MALONE, LIVESAY & OSTROFF Service code 10 · EIN 61-1064249 9300 SHELBYVILLE ROAD, SUITE 1100 · LOUISVILLE, KY 40222	Accounting	$10,450

Plan features & details

Pension benefit codes2F2G2K2L2T3D

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.
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

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

$109K

$680 / participant

Contract admin$109K100.0%

% of EOY assets

0.231%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DEMING, MALONE, LIVESAY & OSTROFF
Auditor EIN: 611064249
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$137,964

$69,774+97.7%

$67,561+104.2%

$74,429+85.4%

Participation rate

95.0%

71.4%+23.7pp

72.9%+22.1pp

67.2%+27.8pp

Annual return

12.43%

-40.53%+53.0pp

3525.44%-3513.0pp

1368.38%-1355.9pp

Employer contribution / active EE

$4,543

$2,710+67.6%

$2,735+66.1%

$2,625+73.1%

Participant deferral / active EE

$6,585

$3,636+81.1%

$4,003+64.5%

$4,348+51.4%

Admin fee / account holder

$318

$890-64.2%

$4,006-92.1%

$1,944-83.6%

Provider

Service type

Compensation

TIAA7 years

Service code 23 · EIN 13-1624203

730 THIRD AVENUE · NEW YORK, NY 100173206

Insurance services

$54,994

BAIRD FUNDS2 years

Filed as: ROBERT W. BAIRD & CO., INC.

Service code 21 · EIN 39-6037914

777 E. WISCONSIN AVENUE · MILWAUKEE, WI 53202

Bank Trustee

$44,044

DEMING MALONE LIVESAY & OSTROFF1 year

Filed as: DEMING, MALONE, LIVESAY & OSTROFF

Service code 10 · EIN 61-1064249

9300 SHELBYVILLE ROAD, SUITE 1100 · LOUISVILLE, KY 40222

Accounting

$10,450

KENTUCKY COUNTRY DAY SCHOOL 403(B) DC PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KENTUCKY COUNTRY DAY SCHOOL 403(B) DC 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