Retirement plan

PRESBYTERIAN SCHOOL 403(B) PLAN

Name: PRESBYTERIAN SCHOOL - PRESBYTERIAN SCHOOL 403(B) PLAN (2024) Form 5500
Creator: PRESBYTERIAN SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRESBYTERIAN SCHOOL 403(B) PLAN, PRESBYTERIAN SCHOOL

PRESBYTERIAN SCHOOLEIN 76-0282995Plan #001PY 2024

40 OAKDALE STREET - HOUSTON, TX 77006713-620-6355

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22.3M

+18.1% from 2023

Total participants

289

+3.2% from 2023

Average account balance

$86,994

+13.1% from 2023

Annual return

16.27%

-3.82 pp from 2023

Benchmarks

See 1,573 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,573 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.27M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

256

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.

80.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$131

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 4 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE CO Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$33,991
WORLD INVESTMENT ADVISORS LLC1 year Service code 27 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101	Advisory (Plan)	$25,474
ASSUREDPARTNERS NORTHEAST, LLC1 year Filed as: ASSUREDPARTNERS CAPITAL INC Service code 27 200 COLONIAL CENTER PKWY STE 140 · LAKE MARY, FL 32746	Advisory (Plan)	$16,232
ALLIANCE BENEFIT GROUP8 years Filed as: ALLIANCE BENEFIT GROUP OF HOUSTON Service code 13 7908 N SAM HOUSTON PKWY W STE 500 · HOUSTON, TX 77064	Contract Administrator	$6,127

Plan features & details

Pension benefit codes2F2G2K2L3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$34K

$202 / participant

Contract admin$34K100.0%

% of EOY assets

0.151%

all-in expense ratio

Categories reported

1 / 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: BLAZEK & VETTERLING
Auditor EIN: 760269860
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$86,994

$69,708+24.8%

$67,560+28.8%

$74,478+16.8%

Participation rate

80.2%

71.4%+8.8pp

72.9%+7.3pp

67.2%+13.0pp

Annual return

16.27%

-40.67%+56.9pp

3533.50%-3517.2pp

1370.56%-1354.3pp

Employer contribution / active EE

$3,242

$2,715+19.4%

$2,737+18.4%

$2,626+23.4%

Participant deferral / active EE

$4,240

$3,637+16.6%

$4,004+5.9%

$4,350-2.5%

Admin fee / account holder

$131

$887-85.2%

$3,994-96.7%

$1,946-93.2%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE CO

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$33,991

WORLD INVESTMENT ADVISORS LLC1 year

Service code 27

24 E COTA ST STE 200 · SANTA BARBARA, CA 93101

Advisory (Plan)

$25,474

ASSUREDPARTNERS NORTHEAST, LLC1 year

Filed as: ASSUREDPARTNERS CAPITAL INC

Service code 27

200 COLONIAL CENTER PKWY STE 140 · LAKE MARY, FL 32746

Advisory (Plan)

$16,232

ALLIANCE BENEFIT GROUP8 years

Filed as: ALLIANCE BENEFIT GROUP OF HOUSTON

Service code 13

7908 N SAM HOUSTON PKWY W STE 500 · HOUSTON, TX 77064

Contract Administrator

$6,127

PRESBYTERIAN SCHOOL 403(B) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRESBYTERIAN SCHOOL 403(B) 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