Retirement plan

THE MONTESSORI SCHOOL OF SAN ANTONIO DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN

Name: THE MONTESSORI SCHOOL OF SAN ANTONIO - THE MONTESSORI SCHOOL OF SAN ANTONIO DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN (2020) Form 5500
Creator: THE MONTESSORI SCHOOL OF SAN ANTONIO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE MONTESSORI SCHOOL OF SAN ANTONIO DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN, THE MONTESSORI SCHOOL OF SAN ANTONIO

THE MONTESSORI SCHOOL OF SAN ANTONIOEIN 74-2233098Plan #001PY 2020

17722 ROGERS RANCH PARKWAY - SAN ANTONIO, TX 78258210-492-3553montessorisa.orgLinkedIn51-200 employeesprimary/secondary education

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.8M

+21.7% from 2019

Total participants

+11.9% from 2019

Average account balance

$35,366

+9.6% from 2019

Annual return

14.88%

-5.16 pp from 2019

Benchmarks

See 3,929 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,929 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.32M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

105

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.

175.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$278K

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

+13.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$683

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 codes2F2G2L2M

Plan features

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$44K

$774 / participant

Other / not subdivided$44K100.0%

% of EOY assets

1.558%

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

$35,366

$49,249-28.2%

$70,476-49.8%

$79,852-55.7%

Participation rate

75.4%

69.2%+6.3pp

75.1%+0.4pp

69.6%+5.8pp

Annual return

14.88%

30.09%-15.2pp

109.12%-94.2pp

31.72%-16.8pp

Employer contribution / active EE

$944

$2,100-55.1%

$2,738-65.5%

$2,471-61.8%

Participant deferral / active EE

$2,461

$2,769-11.1%

$3,710-33.7%

$3,740-34.2%

Admin fee / account holder

$551

$2,878-80.9%

$3,847-85.7%

$5,306-89.6%

THE MONTESSORI SCHOOL OF SAN ANTONIO DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE MONTESSORI SCHOOL OF SAN ANTONIO DEFINED CONTRIBUTION AND TAX DEFERRED ANNUITY 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