Retirement plan

BOYD-BUCHANAN SCHOOL PENSION PLAN

Name: BOYD-BUCHANAN SCHOOL - BOYD-BUCHANAN SCHOOL PENSION PLAN (2017) Form 5500
Creator: BOYD-BUCHANAN SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOYD-BUCHANAN SCHOOL PENSION PLAN, BOYD-BUCHANAN SCHOOL

BOYD-BUCHANAN SCHOOLEIN 62-0518286Plan #002PY 2017

4650 BUCCANEER TRL - CHATTANOOGA, TN 374111247423-622-6177

Other plans on this EIN

1 filing

#001Retirement-$473K assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$4.4M

+20.1% from 2016

Total participants

130

+1.6% from 2016

Average account balance

$36,425

+17.1% from 2016

Annual return

11.62%

+12.35 pp from 2016

Benchmarks

See 1,704 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,704 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.95M

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.

170

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.

51.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$711K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$252

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
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: GREAT-WEST LIFE & ANNUITY INS CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$19,180
INDEPENDENT FINANCIAL GROUP LLC2+ years Service code 27 12636 HIGH BLUFF DR STE 100 · SAN DIEGO, CA 92130	Advisory (Plan)	$13,850
ACCESS MEDICALS1 year Filed as: ACCESS PLAN ADMINISTRATION INC Service code 13 1670 MCKENDREE CH RD STE 200A · LAWRENCEVILLE, GA 30043	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2G2J2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$20K

$160 / participant

Investment mgmt$20K100.0%

% of EOY assets

0.440%

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: FRIDAY WALKER & ASSOCIATES, PLLC
Auditor EIN: 621760339
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$36,425

$50,637-28.1%

$86,582-57.9%

$62,293-41.5%

Participation rate

93.4%

67.9%+25.6pp

73.5%+19.9pp

69.5%+23.9pp

Annual return

11.62%

20.80%-9.2pp

965.08%-953.5pp

28.90%-17.3pp

Employer contribution / active EE

$1,759

$2,075-15.2%

$2,839-38.0%

$2,042-13.8%

Participant deferral / active EE

$1,587

$2,611-39.2%

$3,609-56.0%

$3,169-49.9%

Admin fee / account holder

$160

$413-61.3%

$4,904-96.7%

$479-66.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: GREAT-WEST LIFE & ANNUITY INS CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$19,180

INDEPENDENT FINANCIAL GROUP LLC2+ years

Service code 27

12636 HIGH BLUFF DR STE 100 · SAN DIEGO, CA 92130

Advisory (Plan)

$13,850

ACCESS MEDICALS1 year

Filed as: ACCESS PLAN ADMINISTRATION INC

Service code 13

1670 MCKENDREE CH RD STE 200A · LAWRENCEVILLE, GA 30043

Contract Administrator

BOYD-BUCHANAN SCHOOL PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOYD-BUCHANAN SCHOOL PENSION 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