Retirement plan

ALBUQUERQUE ACADEMY RETIREMENT PLAN

Name: ALBUQUERQUE ACADEMY - ALBUQUERQUE ACADEMY RETIREMENT PLAN (2016) Form 5500
Creator: ALBUQUERQUE ACADEMY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALBUQUERQUE ACADEMY RETIREMENT PLAN, ALBUQUERQUE ACADEMY

ALBUQUERQUE ACADEMYEIN 85-0129165Plan #001PY 2016

6400 WYOMING BLVD NE - ALBUQUERQUE, NM 871093843505-828-3200

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed August 31, 2022 (most recent of 3 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

6400 Wyoming Blvd NE

Albuquerque, NM 87109

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Plans declared (1)

Albuquerque Academy 457(b) Deferred Compensation Plan1 emp

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Total assets (EOY)

$72.7M

+6.6% from 2015

Total participants

605

+1.5% from 2015

Average account balance

$120,168

+5.0% from 2015

Annual return

6.92%

+5.06 pp from 2015

Benchmarks

See 936 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants250-999

Cohort936 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$82.60M

Not enough data

1 years with asset history on file

Average account balance

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

$163K

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.

506

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.

63.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.55M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+11.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$57

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.2+ years Filed as: STRATEGIC ADVISORS INC Service code 27 · EIN 04-2654524	Advisory (Plan)	$1,056
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Filed as: FIDELITY INVESTMENTS INST OP CO INC Service code 37 · EIN 04-2647786	Loan Processing	$944

Plan features & details

Pension benefit codes2G2K2L

Plan features

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.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$7 / participant

Investment mgmt$1K52.5%
Other / not subdivided$95747.5%

% of EOY assets

0.003%

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: KPMG, LLP
Auditor EIN: 135565207
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$120,168

$68,408+75.7%

$57,196+110.1%

$57,658+108.4%

Participation rate

100.0%

79.1%+20.9pp

75.3%+24.7pp

70.2%+29.8pp

Annual return

6.92%

8.51%-1.6pp

14.59%-7.7pp

5.13%+1.8pp

Employer contribution / active EE

$5,434

$2,869+89.4%

$2,683+102.5%

$1,974+175.3%

Participant deferral / active EE

$6,660

$2,903+129.4%

$3,096+115.1%

$3,061+117.6%

Admin fee / account holder

$70-95.2%

$3,141-99.9%

$95-96.5%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.2+ years

Filed as: STRATEGIC ADVISORS INC

Service code 27 · EIN 04-2654524

Advisory (Plan)

$1,056

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Filed as: FIDELITY INVESTMENTS INST OP CO INC

Service code 37 · EIN 04-2647786

Loan Processing

$944

ALBUQUERQUE ACADEMY RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALBUQUERQUE ACADEMY RETIREMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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