Retirement plan

DAVINCI ACADEMY RETIREMENT PLAN

Name: DAVINCI ACADEMY OF SCIENCE AND THE ARTS - DAVINCI ACADEMY RETIREMENT PLAN (2016) Form 5500
Creator: DAVINCI ACADEMY OF SCIENCE AND THE ARTS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAVINCI ACADEMY RETIREMENT PLAN, DAVINCI ACADEMY OF SCIENCE AND THE ARTS

DAVINCI ACADEMY OF SCIENCE AND THE ARTSEIN 73-1694745Plan #001PY 2016

2033 GRANT AVENUE - OGDEN, UT 84401801-409-0700davinciacademy.orgLinkedIn501-1000 employeesprimary/secondary education

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$1.1M

No prior year

Total participants

108

No prior year

Average account balance

$11,965

No prior year

Annual return

-2.40%

No prior year

Benchmarks

See 3,682 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,682 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.69M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

70.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$535K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+18.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1658

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 codes2E2F2G2J3D

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.
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

$3K

$45 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.308%

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

$11,965

$39,132-69.4%

$57,196-79.1%

$62,881-81.0%

Participation rate

72.2%

70.5%+1.7pp

75.3%-3.1pp

69.3%+2.9pp

Annual return

-2.40%

9.24%-11.6pp

14.59%-17.0pp

20.14%-22.5pp

Employer contribution / active EE

$1,608

$1,874-14.2%

$2,683-40.1%

$2,281-29.5%

Participant deferral / active EE

$1,834

$2,374-22.7%

$3,096-40.8%

$3,203-42.7%

Admin fee / account holder

$37

$2,594-98.6%

$3,141-98.8%

$4,296-99.1%

DAVINCI ACADEMY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAVINCI ACADEMY RETIREMENT 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