Retirement plan

BRENTWOOD ACADEMY DEFINED CONTRIBUTION PLAN

Name: BRENTWOOD ACADEMY - BRENTWOOD ACADEMY DEFINED CONTRIBUTION PLAN (2023) 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 2023

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 flagsLow returns

How to read this page

Total assets (EOY)

$11.1M

+1.8% from 2022

Total participants

249

+18.0% from 2022

Average account balance

$44,939

-13.0% from 2022

Annual return

7.68%

+16.58 pp from 2022

Benchmarks

See 1,530 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,530 peers

Snapshot2023

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 2 by compensation

Provider	Service type	Compensation
AMERICAN UNITED LIFE INSURANCE CO2 years Service code 15 · EIN 35-0145825 PO BOX 6123 · INDIANAPOLIS, IN 462066123	Recordkeeping	$951
PENSIONMARK FINANCIAL GROUP LLC2 years Filed as: PENSIONMARK FINANCIAL GROUP Service code 16 · EIN 61-1758632 24 E COTA ST SUITE 200 · SANTA BARBARA, CA 931011665	Consulting	$0

Plan features & details

Pension benefit codes2G2K2L2T3D

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.
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

$6K

$47 / participant

Investment mgmt$1K19.4%
Other / not subdivided$5K80.6%

% of EOY assets

0.056%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,939

$65,582-31.5%

$64,097-29.9%

$71,529-37.2%

Participation rate

98.5%

73.2%+25.3pp

72.3%+26.2pp

67.9%+30.5pp

Annual return

7.68%

18.96%-11.3pp

33.75%-26.1pp

28.97%-21.3pp

Employer contribution / active EE

$2,135

$2,671-20.0%

$2,750-22.4%

$2,590-17.5%

Participant deferral / active EE

$4,784

$3,628+31.9%

$3,881+23.3%

$4,291+11.5%

Admin fee / account holder

$25

$616-95.9%

$3,070-99.2%

$1,588-98.4%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO2 years

Service code 15 · EIN 35-0145825

PO BOX 6123 · INDIANAPOLIS, IN 462066123

Recordkeeping

$951

PENSIONMARK FINANCIAL GROUP LLC2 years

Filed as: PENSIONMARK FINANCIAL GROUP

Service code 16 · EIN 61-1758632

24 E COTA ST SUITE 200 · SANTA BARBARA, CA 931011665

Consulting

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