Retirement plan

THE LOGAN SCHOOL FOR CREATIVE LEARNING DEFINED CONTRIBUTION RETIREMENT PLAN

Name: THE LOGAN SCHOOL FOR CREATIVE LEARNING - THE LOGAN SCHOOL FOR CREATIVE LEARNING DEFINED CONTRIBUTION RETIREMENT PLAN (2018) Form 5500
Creator: THE LOGAN SCHOOL FOR CREATIVE LEARNING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LOGAN SCHOOL FOR CREATIVE LEARNING DEFINED CONTRIBUTION RETIREMENT PLAN, THE LOGAN SCHOOL FOR CREATIVE LEARNING

THE LOGAN SCHOOL FOR CREATIVE LEARNINGEIN 84-1121354Plan #001PY 2018

1005 YOSEMITE STREET - DENVER, CO 802306003303-340-2444theloganschool.orgLinkedIn51-200 employeeseducation management

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.9M

+20.4% from 2017

Total participants

+13.3% from 2017

Average account balance

$41,356

+6.3% from 2017

Annual return

9.89%

-3.75 pp from 2017

Benchmarks

See 3,835 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,835 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.18M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

140

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$493K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+10.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$105

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

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 codes2L2C2F2G2M

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
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

$36K

$670 / participant

Other / not subdivided$36K100.0%

% of EOY assets

0.914%

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

$41,356

$43,333-4.6%

$59,883-30.9%

$64,181-35.6%

Participation rate

100.0%

69.2%+30.8pp

74.7%+25.3pp

69.6%+30.4pp

Annual return

9.89%

-1.55%+11.4pp

3.46%+6.4pp

7.63%+2.3pp

Employer contribution / active EE

$2,290

$2,029+12.9%

$2,722-15.9%

$2,381-3.8%

Participant deferral / active EE

$4,728

$2,547+85.6%

$3,402+39.0%

$3,470+36.3%

Admin fee / account holder

$378

$3,006-87.4%

$3,591-89.5%

$4,887-92.3%

THE LOGAN SCHOOL FOR CREATIVE LEARNING DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE LOGAN SCHOOL FOR CREATIVE LEARNING DEFINED CONTRIBUTION 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