Retirement plan

BRENTWOOD ACADEMY DEFINED CONTRIBUTION PLAN

Name: BRENTWOOD ACADEMY - BRENTWOOD ACADEMY DEFINED CONTRIBUTION PLAN (2018) Form 5500
Creator: BRENTWOOD ACADEMY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRENTWOOD ACADEMY DEFINED CONTRIBUTION PLAN, BRENTWOOD ACADEMY

BRENTWOOD ACADEMYEIN 62-0811952Plan #004PY 2018

219 GRANNY WHITE PIKE - BRENTWOOD, TN 37027615-373-0611brentwoodmd.comLinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#002Retirement-$7.3M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$11.3M

+8.4% from 2017

Total participants

206

+5.6% from 2017

Average account balance

$59,470

+6.1% from 2017

Annual return

8.78%

-3.10 pp from 2017

Benchmarks

See 1,431 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.87M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

198

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

$1.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+10.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

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
VALIC RETIREMENT SERVICES COMPANY3+ years Filed as: VALIC Service code 13 · EIN 51-0396365 2929 ALLEN PARKWAY · HOUSTON, TX 77019	Contract Administrator	$13,500
CLS INVESTMENTS1 year Filed as: CLS INVESTMENTS, LLC Service code 26 · EIN 32-0070947 17300 DALLAS PKWY · DALLAS, TX 752481139	Advisory (Participants)	$8,591
TIAA3+ years Service code 13 · EIN 13-1624203 730 THIRD AVE · NEW YORK, NY 100173206	Contract Administrator	$1,633

Plan features & details

Pension benefit codes2G2K2L3D

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.
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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$24K

$172 / participant

Investment mgmt$22K93.1%
Contract admin$2K6.9%

% of EOY assets

0.210%

all-in expense ratio

Categories reported

2 / 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: MAGGART & ASSOCIATES, P.C.
Auditor EIN: 621036705
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,470

$55,002+8.1%

$59,899-0.7%

$56,289+5.7%

Participation rate

88.4%

75.9%+12.5pp

74.7%+13.7pp

69.9%+18.6pp

Annual return

8.78%

1.13%+7.6pp

3.46%+5.3pp

-9.96%+18.7pp

Employer contribution / active EE

$1,615

$2,448-34.0%

$2,723-40.7%

$2,111-23.5%

Participant deferral / active EE

$3,831

$3,121+22.7%

$3,402+12.6%

$3,350+14.4%

Admin fee / account holder

$125

$236-47.0%

$3,592-96.5%

$521-76.0%

Provider

Service type

Compensation

VALIC RETIREMENT SERVICES COMPANY3+ years

Filed as: VALIC

Service code 13 · EIN 51-0396365

2929 ALLEN PARKWAY · HOUSTON, TX 77019

Contract Administrator

$13,500

CLS INVESTMENTS1 year

Filed as: CLS INVESTMENTS, LLC

Service code 26 · EIN 32-0070947

17300 DALLAS PKWY · DALLAS, TX 752481139

Advisory (Participants)

$8,591

TIAA3+ years

Service code 13 · EIN 13-1624203

730 THIRD AVE · NEW YORK, NY 100173206

Contract Administrator

$1,633

BRENTWOOD ACADEMY DEFINED CONTRIBUTION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRENTWOOD ACADEMY DEFINED CONTRIBUTION 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