Retirement plan

TAX DEFERRED ANNUITY PLAN EE KNOXVILLLE ASSOCAITES MONTESSORI ASSOC. INC.

Name: KNOXVILLE MONTESSORI SCHOOL ASSOCIATION, INC. - TAX DEFERRED ANNUITY PLAN EE KNOXVILLLE ASSOCAITES MONTESSORI ASSOC. INC. (2016) Form 5500
Creator: KNOXVILLE MONTESSORI SCHOOL ASSOCIATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAX DEFERRED ANNUITY PLAN EE KNOXVILLLE ASSOCAITES MONTESSORI ASSOC. INC., KNOXVILLE MONTESSORI SCHOOL ASSOCIATION, INC.

KNOXVILLE MONTESSORI SCHOOL ASSOCIATION, INC.EIN 62-0757917Plan #002PY 2016

4311 KINGSTON PIKE - KNOXVILLE, TN 37919865-525-6042knoxvillemontessori.orgLinkedIn11-50 employeeseducation management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$257K

No prior year

Total participants

No prior year

Average account balance

$17,111

No prior year

Annual return

3.96%

No prior year

Benchmarks

See 5,384 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,384 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$398K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$48K

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

+14.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$936

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 codes2G2L3D

Plan features

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.
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

$50K

$4562 / participant

Other / not subdivided$50K100.0%

% of EOY assets

19.553%

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

$17,111

$65,712-74.0%

$57,196-70.1%

$273,972-93.8%

Participation rate

90.9%

78.3%+12.6pp

75.3%+15.6pp

83.0%+7.9pp

Annual return

3.96%

22.01%-18.0pp

14.59%-10.6pp

41.46%-37.5pp

Employer contribution / active EE

$1,311

$3,280-60.0%

$2,683-51.1%

$4,869-73.1%

Participant deferral / active EE

$1,216

$3,782-67.8%

$3,096-60.7%

$5,287-77.0%

Admin fee / account holder

$3,346

$4,838-30.8%

$3,141+6.5%

$10,133-67.0%

TAX DEFERRED ANNUITY PLAN EE KNOXVILLLE ASSOCAITES MONTESSORI ASSOC. INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAX DEFERRED ANNUITY PLAN EE KNOXVILLLE ASSOCAITES MONTESSORI ASSOC. INC.

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