Retirement plan

BOSQUE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN

Name: BOSQUE SCHOOL - BOSQUE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN (2024) Form 5500
Creator: BOSQUE SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOSQUE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN, BOSQUE SCHOOL

BOSQUE SCHOOLEIN 85-0420092Plan #001PY 2024

4000 BOSQUE SCHOOL RD. NW - ALBUQUERQUE, NM 87120505-898-6388bosqueschool.orgLinkedIn51-200 employeeseducation management

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.8M

+13.3% from 2023

Total participants

128

-4.5% from 2023

Average account balance

$92,308

+6.2% from 2023

Annual return

12.84%

-4.16 pp from 2023

Benchmarks

See 4,471 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort4,471 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.82M

Not enough data

1 years with asset history on file

Average account balance

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

$92K

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.

128

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$553K

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

+12.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$431

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 1 by compensation

Provider	Service type	Compensation
BOKF, NA2 years Service code 19 P.O. BOX 880 · TULSA, OK 74101	Securities Custodian	$52,456

Plan features & details

Pension benefit codes2A2E2G2L3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$55K

$648 / participant

Recordkeeping$40K72.5%
Trustee / custodial$4430.8%
Investment mgmt$10K18.1%
Other trustee fees$4K6.6%
Other / not subdivided$1K2.0%

% of EOY assets

0.466%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LOFTIS & LOVATOS GROUP
Auditor EIN: 843463346
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,308

$48,327+91.0%

$67,575+36.6%

$80,935+14.1%

Participation rate

100.0%

66.4%+33.6pp

72.9%+27.1pp

67.7%+32.3pp

Annual return

12.84%

18.31%-5.5pp

3528.98%-3516.1pp

35.66%-22.8pp

Employer contribution / active EE

$3,238

$2,022+60.1%

$2,736+18.4%

$2,757+17.4%

Participant deferral / active EE

$3,270

$2,927+11.7%

$4,003-18.3%

$4,299-23.9%

Admin fee / account holder

$431

$3,692-88.3%

$3,993-89.2%

$6,924-93.8%

Provider

Service type

Compensation

BOKF, NA2 years

Service code 19

P.O. BOX 880 · TULSA, OK 74101

Securities Custodian

$52,456

BOSQUE SCHOOL DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOSQUE SCHOOL 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