Retirement plan

SALPOINTE CATHOLIC HIGH SCHOOL CASH OR DEFERRED PROFIT SHARING

Name: SALPOINTE CATHOLIC HIGH SCHOOL - SALPOINTE CATHOLIC HIGH SCHOOL CASH OR DEFERRED PROFIT SHARING (2017) Form 5500
Creator: SALPOINTE CATHOLIC HIGH SCHOOL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SALPOINTE CATHOLIC HIGH SCHOOL CASH OR DEFERRED PROFIT SHARING, SALPOINTE CATHOLIC HIGH SCHOOL

SALPOINTE CATHOLIC HIGH SCHOOLEIN 86-0705131Plan #001PY 2017

1545 EAST COPPER STREET - TUCSON, AZ 85719520-547-5888salpointe.orgLinkedIn51-200 employeesprimary/secondary education

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$11.1M

+8.1% from 2016

Total participants

161

-7.5% from 2016

Average account balance

$71,306

+18.5% from 2016

Annual return

14.42%

+8.18 pp from 2016

Benchmarks

See 1,431 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.82M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

188

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.

94.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.28M

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

+12.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$344

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 2 by compensation

Provider	Service type	Compensation
WELLSPRING FINANCIAL PARTNERS3+ years Filed as: WELLSPRING FINANCIAL PARTNERS, LLC Service code 15 · EIN 45-2984270	Recordkeeping	$34,431
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$21,746

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing 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.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

$56K

$468 / participant

Other / not subdivided$56K100.0%

% of EOY assets

0.505%

all-in expense ratio

Categories reported

0 / 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: HEINFELD, MEECH & CO.
Auditor EIN: 860558065
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,306

$57,976+23.0%

$63,018+13.2%

$62,293+14.5%

Participation rate

95.8%

75.9%+19.9pp

74.8%+21.0pp

69.5%+26.3pp

Annual return

14.42%

17.54%-3.1pp

87.62%-73.2pp

28.90%-14.5pp

Employer contribution / active EE

$3,090

$2,415+28.0%

$2,761+11.9%

$2,042+51.3%

Participant deferral / active EE

$3,445

$2,956+16.6%

$3,330+3.5%

$3,169+8.7%

Admin fee / account holder

$360

$276+30.6%

$3,601-90.0%

$479-24.9%

Provider

Service type

Compensation

WELLSPRING FINANCIAL PARTNERS3+ years

Filed as: WELLSPRING FINANCIAL PARTNERS, LLC

Service code 15 · EIN 45-2984270

Recordkeeping

$34,431

ADP BROKER-DEALER3+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$21,746

SALPOINTE CATHOLIC HIGH SCHOOL CASH OR DEFERRED PROFIT SHARING

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SALPOINTE CATHOLIC HIGH SCHOOL CASH OR DEFERRED PROFIT SHARING

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