Retirement plan

TIAA-CREF RETIREMENT PLAN FOR FACULTY/ADMINISTRATION - HIGHLANDS

Name: THE HIGHLANDS DAY SCHOOL FOUNDATION, INC. - TIAA-CREF RETIREMENT PLAN FOR FACULTY/ADMINISTRATION - HIGHLANDS (2017) Form 5500
Creator: THE HIGHLANDS DAY SCHOOL FOUNDATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TIAA-CREF RETIREMENT PLAN FOR FACULTY/ADMINISTRATION - HIGHLANDS, THE HIGHLANDS DAY SCHOOL FOUNDATION, INC.

THE HIGHLANDS DAY SCHOOL FOUNDATION, INC.EIN 63-0388769Plan #001PY 2017

4901 OLD LEEDS ROAD - BIRMINGHAM, AL 352131807205-956-9731LinkedIn51-200 employeese-learning

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.1M

-2.6% from 2016

Total participants

-31.4% from 2016

Average account balance

$50,585

+41.9% from 2016

Annual return

15.47%

+9.95 pp from 2016

Benchmarks

See 3,768 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,768 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.94M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

102

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

$331K

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

+17.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3096

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 codes2E2F2G2J2L2M

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.

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

$316K

$5858 / participant

Other / not subdivided$316K100.0%

% of EOY assets

7.720%

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

$50,585

$45,050+12.3%

$63,018-19.7%

$70,126-27.9%

Participation rate

100.0%

69.5%+30.5pp

74.8%+25.2pp

69.5%+30.5pp

Annual return

15.47%

18.76%-3.3pp

87.62%-72.1pp

73.15%-57.7pp

Employer contribution / active EE

$2,052-100.0%

$2,761-100.0%

$2,343-100.0%

Participant deferral / active EE

$5,565

$2,466+125.7%

$3,330+67.1%

$3,332+67.0%

Admin fee / account holder

$3,905

$2,834+37.8%

$3,601+8.5%

$4,645-15.9%

TIAA-CREF RETIREMENT PLAN FOR FACULTY/ADMINISTRATION - HIGHLANDS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TIAA-CREF RETIREMENT PLAN FOR FACULTY/ADMINISTRATION - HIGHLANDS

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